Civic Intelligence

Foundation Properties Inc.

990 • Fiscal year 2015 • EIN 58-1940977

Aug 01, 2014 to Jul 31, 2015 • Filed on Feb 23, 2016

Organization Profilen/a
4225 University AvenueColumbus, GA 31907-5645

(706) 565-3640

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.76x

Higher debt load relative to assets than 83% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

5.81x

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

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

94th percentile

59%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

47th percentile

1.3%

Faster asset growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

102%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$96,577,697

Up $1,274,753 (+1.3%) from 2014

Net Assets

Up

$23,098,085

Up $7,472,836 (+48%) from 2014

Liabilities

Down

$73,479,612

Down $6,198,083 (-7.8%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin94th percentile

Revenue

Up

$12,645,688

Up $6,393,890 (+102%) from 2014

Expenses

Down

$5,159,319

Down $950,905 (-16%) from 2014

Net Income

Up

$7,486,369

Up $7,344,795 (+5188%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth47th 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

2015

Assets$96,577,697
Liabilities$73,479,612
Net Assets$23,098,085
Open 2015 Filing

Operations Trend

Revenue Growth96th 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

2015

Revenue$12,645,688
Expenses$5,159,319
Net Income$7,486,369
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Feb 23, 2016
Return Version
2014v6.0
Gross Receipts
$18,385,723
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$63,078,323$56,596,244▼ $6,482,079
Cash and Non-Interest-Bearing Accounts$3,330,511$3,635,975▲ $305,464
Savings and Temporary Cash Investments$2,709,147$3,439,461▲ $730,314
Pledges and Grants Receivable$2,066,148$1,988,306▼ $77,842
Investments in Publicly Traded Securities$1,713,845$1,862,033▲ $148,188
Accounts Receivable$477,861$563,434▲ $85,573
Prepaid Expenses and Deferred Charges$62,655$23,549▼ $39,106
Total Assets$95,302,944$96,577,697▲ $1,274,753
Other Assets Total$21,864,454$28,468,695▲ $6,604,241
Liabilities
Tax Exempt Bond Liabilities$61,158,898$48,056,000▼ $13,102,898
Accounts Payable and Accrued Expenses$17,725,019$25,119,523▲ $7,394,504
Other Liabilities$262,292$254,848▼ $7,444
Deferred Revenue$531,486$49,241▼ $482,245
Total Liabilities$79,677,695$73,479,612▼ $6,198,083
Net Assets / Fund Balance
Unrestricted Net Assets$15,625,249$23,098,085▲ $7,472,836
Total Net Assets Fund Balance$15,625,249$23,098,085▲ $7,472,836
Total Liabilities and Net Assets / Fund Balance$95,302,944$96,577,697▲ $1,274,753

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$40,821,766$18,636,715$59,458,481
Leasehold Improvements$8,054,311$3,561,956$11,616,267
Land$7,486,736-$7,486,736
Other Land Buildings$233,431$1,072,294$1,305,725
Equipment$0$7,422$7,422
Other Assets Org$7,631,427--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Bill ReavesChairperson
Mathews D SwiftVice Chair
Anthony D LinkTrustee
Chris ShadburnTrustee
Dr Christopher MarkwoodTrustee
James D YanceyTrustee
James E BuntinTrustee
Jay AlexanderTrustee
Otis ScarboroughTrustee
H Lev NormanSecretary
Todd A SchusterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$570,239
Program Service Revenue
$5,685,181
Investment Income
$6,559,463
Other Revenue
$-169,195
All Other Contributions
$570,239
Change in Net Assets
$7,486,369

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$531,000Fair market value
Total Noncash Contributions1$531,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,645,688
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$603,055
Total Revenue per Audited Statements
$13,248,743
Total Revenue per Form 990
$12,645,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,922,543
Salaries, Compensation, and Employee Benefits$236,776
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,309,954--$2,309,954
Interest$1,760,743--$1,760,743
All Other Expenses$110,825$3,985-$114,810
Current Officers, Directors, Trustees, and Key Employees-$79,600-$79,600
Other Salaries and Wages$26,378$40,294-$66,672
Other Expenses$159,286$64,390-$64,390
Payroll Taxes-$61,670-$61,670
Fees for Services Legal-$36,463-$36,463
Other Employee Benefits$4,764$24,070-$28,834
Occupancy$23,053--$23,053
Fees for Services Accounting-$23,050-$23,050
Insurance-$9,484-$9,484
Office Expenses$1,178$173-$1,351
Conferences and Meetings-$484-$484
Travel-$80-$80
Total Functional Expenses$4,815,576$343,743$0$5,159,319

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,775,909
Total Expenses per Form 990$5,159,319
Expenses per Audited Statements$5,159,312
Expenses Not Reported on Form 990$616,597
Expenses Not Reported on Financial Statements$7
Other Expense Adjustments$7
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$178,436
Accrued Interest$76,412

Bond Issues

BondIssuerIssuedIssue PricePurpose
DDevelopment Authority of Columbus Georgia2010-02-01$18,975,000Uptown Student Housing
BDevelopment Authority of Columbus Georgia2009-07-29$15,000,000Athletic Dorms and Cunningham Center
BDevelopment Authority of Columbus Georgia2010-02-01$12,500,000Student Housing & Academic Facilities
CDevelopment Authority of Columbus Georgia2009-07-29$11,500,000Rankin Center
ADevelopment Authority of Columbus Georgia2006-02-09$9,180,000On-Campus Parking Deck
CDevelopment Authority of Columbus Georgia2009-07-29$6,700,000Theater, Arts & Dance Building
ADevelopment Authority of Columbus Georgia2009-07-29$6,220,000901 Limited Partnership Bond

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

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
Corrective action procedures
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

Filer Name
Foundation Properties Inc
EIN
58-1940977
Phone
7065653640
Address
4225 University Avenue, Columbus, GA 31907-5645

Signing Officer

Name
Dr Tom Helton
Title
Executive Director
Phone
7065653640
Signed
2016-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Helton
Formed
1988
Legal Domicile
Ga
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
11

Preparer

Firm
Dougherty McKinnon & Luby LLC
Address
2521 Brookstone Centre Pkwy, Columbus, GA 31904
Preparer
Erica D Chestnutt
Phone
7064949630
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Rounding 9.”

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, 2015. 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 2012 - 2015 is eligible to be examined by the state and federal taxing jurisdictions to which it reports.”

Part XI, Line 2D - Other Adjustments:

“Rental expenses 616,597.”

Part XII, Line 2D - Other Adjustments:

“Rental expenses 616,597.”

Part XII, Line 4B - Other Adjustments:

“Rounding 7.”

Raw XML AppendixShowing 400 of 803 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/InsuranceGrp/ManagementAndGeneralAmt09484
IRS990/InsuranceGrp/TotalAmt09484
IRS990/InterestGrp/ProgramServicesAmt01760743
IRS990/InterestGrp/TotalAmt01760743
IRS990/InvestmentIncomeGrp/ExclusionAmt085493
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt085493
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01713845
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01862033
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt023278387
IRS990/LandBldgEquipBasisNetGrp/BOYAmt063078323
IRS990/LandBldgEquipBasisNetGrp/EOYAmt056596244
IRS990/LandBldgEquipCostOrOtherBssAmt079874631
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04561414
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0562024
IRS990/LessRentalExpensesGrp/RealAmt0616597
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/NetAssetsOrFundBalancesBOYAmt015625249
IRS990/NetAssetsOrFundBalancesEOYAmt023098085
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06473970
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06473970
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-171629
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-171629
IRS990/NetUnrelatedBusTxblIncmAmt0-171629
IRS990/NetUnrlzdGainsLossesInvstAmt0-13542
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0531000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt023053
IRS990/OccupancyGrp/TotalAmt023053
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0173
IRS990/OfficeExpensesGrp/ProgramServicesAmt01178
IRS990/OfficeExpensesGrp/TotalAmt01351
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021864454
IRS990/OtherAssetsTotalGrp/EOYAmt028468695
IRS990/OtherChangesInNetAssetsAmt09
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024070
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04764
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028834
IRS990/OtherExpensesGrp/Desc0Insurance
IRS990/OtherExpensesGrp/Desc1Taxes and Licenses
IRS990/OtherExpensesGrp/Desc2Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc3Bank Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt064390
IRS990/OtherExpensesGrp/ProgramServicesAmt0233604
IRS990/OtherExpensesGrp/ProgramServicesAmt1185791
IRS990/OtherExpensesGrp/ProgramServicesAmt2159286
IRS990/OtherExpensesGrp/TotalAmt0233604
IRS990/OtherExpensesGrp/TotalAmt1185791
IRS990/OtherExpensesGrp/TotalAmt2159286
IRS990/OtherExpensesGrp/TotalAmt364390
IRS990/OtherLiabilitiesGrp/BOYAmt0262292
IRS990/OtherLiabilitiesGrp/EOYAmt0254848
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02434
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02434
IRS990/OtherRevenueTotalAmt02434
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040294
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026378
IRS990/OtherSalariesAndWagesGrp/TotalAmt066672
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt061670
IRS990/PayrollTaxesGrp/TotalAmt061670
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02066148
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01988306
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062655
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023549
IRS990/PrincipalOfficerNm0Tom Helton
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rental of Real Property
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05685181
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05685181
IRS990/ProgSrvcAccomActy3Grp/Desc0Miscellaneous income primarily consisting of parking fees and application fees for student housing.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02434
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0540000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042206
IRS990/PYOtherExpensesAmt05867840
IRS990/PYOtherRevenueAmt0-122024
IRS990/PYProgramServiceRevenueAmt05791616
IRS990/PYRevenuesLessExpensesAmt0141574
IRS990/PYSalariesCompEmpBnftPaidAmt0242384
IRS990/PYTotalExpensesAmt06110224
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06251798
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt07486369
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-171629
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05685181
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02709147
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03439461
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0570239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0540000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01192346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt053292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt053637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02409514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt085493
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050418
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt024671
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt030134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037547
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0228263
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt029658386
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02434
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011390
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0322134
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0472329
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0514582
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01322869
IRS990ScheduleA/PublicSupportCY170Pct00.60840
IRS990ScheduleA/PublicSupportPY170Pct00.61260
IRS990ScheduleA/PublicSupportTotal170Amt02409514
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0570239
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0540000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01192346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt053292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt053637
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02409514
IRS990ScheduleA/TotalSupportAmt03960646
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/BookValueAmt040821766
IRS990ScheduleD/BuildingsGrp/DepreciationAmt018636715
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt059458481
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07422
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07422
IRS990ScheduleD/ExpensesNotReportedAmt0616597
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07
IRS990ScheduleD/ExpensesSubtotalAmt05159312
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07486736
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07486736
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08054311
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03561956
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011616267
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-13542
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0671068
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12444
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt220163756
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt37631427
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Debt Issuance Costs
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Property Held for Development
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Construction in Progress
IRS990ScheduleD/OtherExpensesIncludedAmt0616597
IRS990ScheduleD/OtherExpensesNotIncludedAmt07
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0233431
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01072294
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01305725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt076412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1178436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Taxes
IRS990ScheduleD/OtherRevenueAmt0616597
IRS990ScheduleD/RevenueNotReportedAmt0603055
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012645688
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation has not identified any uncertainties with respect to income tax positions for the year ended July 31, 2015. 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 2012 - 2015 is eligible to be examined by the state and federal taxing jurisdictions to which it reports.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses 616,597.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental expenses 616,597.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Rounding 7.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt056596244
IRS990ScheduleD/TotalBookValueOtherAssetsAmt028468695
IRS990ScheduleD/TotalExpensesPerForm990Amt05159319
IRS990ScheduleD/TotalLiabilityAmt0254848

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,577,697
Liabilities
$73,479,612
Net assets
$23,098,085
Revenue
$12,645,688
Expenses
$5,159,319
Net income
$7,486,369
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