Civic Intelligence

Pace Water System Inc

990 • Fiscal year 2017 • EIN 59-1098296

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 30, 2018

Organization ProfileWWW.PACEWATER.ORG
4401 Woodbine RdPace, FL 32571

(850) 994-5129

Siviq Scores

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

Liabilities / Assets

1st percentile

0.03x

Higher debt load relative to assets than 1% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

4th percentile

0.32x

Higher debt load relative to revenue than 4% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Net Margin

96th percentile

22%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$109,389

Higher top officer pay than 7% of similar nonprofits.

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

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Asset Growth

56th percentile

3.1%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

0.6%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets1st percentile

Assets

Up

$58,503,463

Up $1,774,877 (+3.1%) from 2016

Net Assets

Up

$56,819,567

Up $1,654,713 (+3.0%) from 2016

Liabilities

Up

$1,683,896

Up $120,164 (+7.7%) from 2016

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin96th percentile

Revenue

Up

$5,314,629

Up $33,957 (+0.6%) from 2016

Expenses

Up

$4,162,111

Up $190,070 (+4.8%) from 2016

Net Income

Down

$1,152,518

Down $156,113 (-12%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$150M$100M$50M$0Assets 2010: $47,090,097Liabilities 2010: $1,134,156Net Assets 2010: $45,955,9412010Assets 2011: $48,274,164Liabilities 2011: $1,167,569Net Assets 2011: $47,106,5952011Assets 2012: $49,404,173Liabilities 2012: $1,299,009Net Assets 2012: $48,105,1642012Assets 2013: $51,296,842Liabilities 2013: $1,682,772Net Assets 2013: $49,614,0702013Assets 2014: $52,284,144Liabilities 2014: $1,355,405Net Assets 2014: $50,928,7392014Assets 2015: $54,625,374Liabilities 2015: $1,455,849Net Assets 2015: $53,169,5252015Assets 2016: $56,728,586Liabilities 2016: $1,563,732Net Assets 2016: $55,164,8542016Assets 2017: $58,503,463Liabilities 2017: $1,683,896Net Assets 2017: $56,819,5672017Assets 2018: $60,152,345Liabilities 2018: $1,870,688Net Assets 2018: $58,281,6572018Assets 2019: $62,728,324Liabilities 2019: $1,994,102Net Assets 2019: $60,734,2222019Assets 2020: $92,808,024Liabilities 2020: $2,209,513Net Assets 2020: $90,598,5112020Assets 2021: $100,740,740Liabilities 2021: $2,872,794Net Assets 2021: $97,867,9462021Assets 2022: $113,717,258Liabilities 2022: $3,169,309Net Assets 2022: $110,547,9492022Assets 2023: $131,811,127Liabilities 2023: $5,966,411Net Assets 2023: $125,844,7162023Assets 2024: $145,459,162Liabilities 2024: $5,424,323Net Assets 2024: $140,034,8392024

Highlighted filing

2017

Assets$58,503,463
Liabilities$1,683,896
Net Assets$56,819,567
Open 2017 Filing

Operations Trend

Revenue Growth39th percentile

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

$20M$15M$10M$5.0M$0Expenses 2010: $1,802,3812010Revenue 2011: $4,255,868Expenses 2011: $3,119,778Net Income 2011: $1,136,0902011Expenses 2012: $3,108,8422012Revenue 2013: $4,732,495Expenses 2013: $3,274,462Net Income 2013: $1,458,0332013Revenue 2014: $4,883,362Expenses 2014: $3,580,377Net Income 2014: $1,302,9852014Revenue 2015: $5,241,703Expenses 2015: $3,713,314Net Income 2015: $1,528,3892015Revenue 2016: $5,280,672Expenses 2016: $3,972,041Net Income 2016: $1,308,6312016Revenue 2017: $5,314,629Expenses 2017: $4,162,111Net Income 2017: $1,152,5182017Revenue 2018: $5,505,887Expenses 2018: $4,503,141Net Income 2018: $1,002,7462018Revenue 2019: $5,049,374Expenses 2019: $4,696,386Net Income 2019: $352,9882019Revenue 2020: $12,076,265Expenses 2020: $9,114,608Net Income 2020: $2,961,6572020Revenue 2021: $12,498,088Expenses 2021: $10,206,622Net Income 2021: $2,291,4662021Revenue 2022: $14,421,848Expenses 2022: $8,012,578Net Income 2022: $6,409,2702022Revenue 2023: $17,321,635Expenses 2023: $9,142,048Net Income 2023: $8,179,5872023Revenue 2024: $18,136,156Expenses 2024: $11,435,344Net Income 2024: $6,700,8122024

Highlighted filing

2017

Revenue$5,314,629
Expenses$4,162,111
Net Income$1,152,518
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 30, 2018
Return Version
2017v2.2
Gross Receipts
$5,314,629
Mission and Program Overview

Mission

To operate and maintain a system for the supply and distribution of water, sewer, and reuse within its franchise area granted by santa rosa county.

To operate and maintain a water system for the supply and distribution of water within its franchise area granted by santa rosa county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$32,146,010$32,179,347▲ $33,337
Rtn Earn Endowment Incm Other Fnds$27,579,030$28,677,725▲ $1,098,695
Pd in Cap Srpls Land Bldg Eqp Fund$27,548,666$28,103,632▲ $554,966
Cash and Non-Interest-Bearing Accounts$3,075,510$2,153,371▼ $922,139
Savings and Temporary Cash Investments$1,771,090$1,379,330▼ $391,760
Inventories for Sale or Use$356,547$1,030,914▲ $674,367
Accounts Receivable$982,056$1,024,998▲ $42,942
Other Notes and Loans Receivable, Net$173,907$162,567▼ $11,340
Prepaid Expenses and Deferred Charges$87,716$104,073▲ $16,357
Cap Stk Tr Prin Current Funds$37,158$38,210▲ $1,052
Total Assets$56,728,586$58,503,463▲ $1,774,877
Other Assets Total$18,135,750$20,468,863▲ $2,333,113
Liabilities
Escrow Account Liability$1,336,945$1,453,682▲ $116,737
Accounts Payable and Accrued Expenses$226,787$230,214▲ $3,427
Total Liabilities$1,563,732$1,683,896▲ $120,164
Net Assets / Fund Balance
Total Net Assets Fund Balance$55,164,854$56,819,567▲ $1,654,713
Total Liabilities and Net Assets / Fund Balance$56,728,586$58,503,463▲ $1,774,877

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,452,280$13,253,769$43,706,049
Land$1,193,537-$1,193,537
Other Land Buildings$272,147$666,890$939,037
Buildings$261,383$158,086$419,469
Other Assets Org$587--
Compensation and Service Providers
Top Officer Pay7th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Damon BoutwellGeneral ManagerPT$54,452$54,937$109,389
Judy BrannonComptrollerPT$43,396$43,396$86,792

Board Members and Trustees

NameTitle
Paul HinsonPresident
William CarneyVice President
Crawford OdomDirector
Danny WarrickDirector
Sue DyessSecretary
Rodney VaughnTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Smk Pipe ContractorsInventory/supplies/materials7458 CHUMUCKLA HWY, Pace, FL 32571$142,960
Action Mailing ServiceBilling Services2809 COPTER ROAD, Pensacola, FL 32514$107,906
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,308,731
Investment Income
$5,898
Other Revenue
$0
Change in Net Assets
$1,152,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,274,223
Salaries, Compensation, and Employee Benefits$1,887,888
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,007,789
Depreciation Depletion---$887,153
Other Employee Benefits---$429,827
All Other Expenses---$372,767
Fees for Services Other---$207,408
Current Officers, Directors, Trustees, and Key Employees---$195,875
Payroll Taxes---$156,798
Insurance---$136,062
Pension Plan Contributions---$97,599
Other Expenses---$76,458
Information Technology---$76,145
Travel---$23,612
Office Expenses---$19,526
Fees for Services Accounting---$12,175
Fees for Services Legal---$10,660
Advertising---$10,557
Total Functional Expenses$0$0$0$4,162,111
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABbt2017-09-28$2,000,000Land for effluent disposal
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Pace Water System Inc
EIN
59-1098296
Phone
8509945129
Address
4401 WOODBINE RD, PACE, FL 32571

Signing Officer

Name
Damon Boutwell
Title
General Manager
Phone
8509945129
Signed
2018-03-30
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
45
Volunteers
0

Preparer

Firm
Durst Jordan CPA Pa
Address
4459-B HWY 90, PACE, FL 32571
Preparer
Joshua C Durst CPA
Phone
8509955000
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“All water customers are members of the system. When a customer joins the system, they pay a $2.50 membership fee.”

Pt VI, Line 7A

“Each member has voting rights.”

Pt VI, Line 11B

“The books are audited by an independent cpa and reviewed by the board of directors prior to the return being filed with the irs.”

Pt VI, Line 12C

“To comply with the conflict of interest policy, a periodic review is done by the board of directors and legal counsel.”

Pt VI, Line 15A

“Board of directors review and approve general manager's contract including compensation.”

Pt VI, Line 19

“The governing documents, conflicts of interest policy, and the financial statements of the pace water system, inc. Are available to the public upon request.”

Form 990, Part IX, Line 24E

“Other taxes, licenses, dues 11114.”

Form 990, Part IX, Line 24E

“POSTAGE 5468.”

Form 990, Part IX, Line 24E

“SPECIAL EVENTS 20429.”

Form 990, Part IX, Line 24E

“Employee training & licenses 9856.”

Form 990, Part IX, Line 24E

“TELEPHONE 65267.”

Form 990, Part IX, Line 24E

“VEHICLE EXPENSE 55604.”

Form 990, Part IX, Line 24E

“SUPPLIES 74694.”

Form 990, Part IX, Line 24E

“CHEMICALS 48969.”

Form 990, Part IX, Line 24E

“TESTING & FEES 22716.”

Form 990, Part IX, Line 24E

“BAD DEBT EXPENSE 55381.”

Form 990, Part IX, Line 24E

“MISC. EXPENSE 3269.”

Financial Statement Notes

Pt IV, Line 2B

“The system holds customer deposits in a reserve account. These deposits are considered a liablity because the deposits are returned to customers when they leave the system.”

Raw XML AppendixShowing 400 of 446 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/OtherExpensesGrp/Desc3FIRE HYDRANT MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt0252384
IRS990/OtherExpensesGrp/TotalAmt195081
IRS990/OtherExpensesGrp/TotalAmt294235
IRS990/OtherExpensesGrp/TotalAmt376458
IRS990/OtherSalariesAndWagesGrp/TotalAmt01007789
IRS990/OtherSourcesGrossIncomeAmt035513
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0173907
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0162567
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0156798
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt027548666
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt028103632
IRS990/PensionPlanContributionsGrp/TotalAmt097599
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt087716
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0104073
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0DAMON BOUTWELL
IRS990/PriorPeriodAdjustmentsAmt0-53825
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER SALES
IRS990/ProgramServiceRevenueGrp/Desc1LATE FEES
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE CHARGES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4RECOVERY OF BAD DEBTS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04977689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1160975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2115195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt350400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44472
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt023851
IRS990/PYOtherExpensesAmt02140775
IRS990/PYProgramServiceRevenueAmt05256821
IRS990/PYRevenuesLessExpensesAmt01308631
IRS990/PYSalariesCompEmpBnftPaidAmt01831266
IRS990/PYTotalExpensesAmt03972041
IRS990/PYTotalRevenueAmt05280672
IRS990/ReconcilationRevenueExpnssAmt01152518
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05308731
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt027579030
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt028677725
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01771090
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01379330
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0261383
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0158086
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0419469
IRS990ScheduleD/EquipmentGrp/BookValueAmt030452280
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013253769
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043706049
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt01193537
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01193537
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt020464299
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13977
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2587
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ADVANCE TO PPFA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTEREST RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0272147
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0666890
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0939037
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SYSTEM HOLDS CUSTOMER DEPOSITS IN A RESERVE ACCOUNT. THESE DEPOSITS ARE CONSIDERED A LIABLITY BECAUSE THE DEPOSITS ARE RETURNED TO CUSTOMERS WHEN THEY LEAVE THE SYSTEM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032179347
IRS990ScheduleD/TotalBookValueOtherAssetsAmt020468863
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-09-28
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0560939887
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0000000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt02000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0BBT
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0LAND FOR EFFLUENT DISPOSAL
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL WATER CUSTOMERS ARE MEMBERS OF THE SYSTEM. WHEN A CUSTOMER JOINS THE SYSTEM, THEY PAY A $2.50 MEMBERSHIP FEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER HAS VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOOKS ARE AUDITED BY AN INDEPENDENT CPA AND REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE RETURN BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, A PERIODIC REVIEW IS DONE BY THE BOARD OF DIRECTORS AND LEGAL COUNSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD OF DIRECTORS REVIEW AND APPROVE GENERAL MANAGER'S CONTRACT INCLUDING COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS OF THE PACE WATER SYSTEM, INC. ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER TAXES, LICENSES, DUES 11114.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7POSTAGE 5468.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SPECIAL EVENTS 20429.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EMPLOYEE TRAINING & LICENSES 9856.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TELEPHONE 65267.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11VEHICLE EXPENSE 55604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SUPPLIES 74694.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13CHEMICALS 48969.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14TESTING & FEES 22716.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15BAD DEBT EXPENSE 55381.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MISC. EXPENSE 3269.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PACE PROPERTY FINANCE AUTHORITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0521695310
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TAX-EXEMPT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04401 WOODBINE RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032571
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt056728586
IRS990/TotalAssetsEOYAmt058503463
IRS990/TotalAssetsGrp/BOYAmt056728586
IRS990/TotalAssetsGrp/EOYAmt058503463
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/TotalAmt04162111
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01563732
IRS990/TotalLiabilitiesEOYAmt01683896
IRS990/TotalLiabilitiesGrp/BOYAmt01563732
IRS990/TotalLiabilitiesGrp/EOYAmt01683896
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt055164854
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt056819567
IRS990/TotalOtherCompensationAmt0486
IRS990/TotalProgramServiceExpensesAmt04162111
IRS990/TotalProgramServiceRevenueAmt05308731
IRS990/TotalReportableCompFromOrgAmt097848
IRS990/TotalRevenueGrp/ExclusionAmt05898
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05308731
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05314629
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt056728586
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058503463

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,503,463
Liabilities
$1,683,896
Net assets
$56,819,567
Revenue
$5,314,629
Expenses
$4,162,111
Net income
$1,152,518
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$145$5.42$140$18.1$11.4$6.70
2023Detailed filing. Detailed filing data is available for this year.$132$5.97$126$17.3$9.14$8.18
2022Detailed filing. Detailed filing data is available for this year.$114$3.17$111$14.4$8.01$6.41
2021Detailed filing. Detailed filing data is available for this year.$101$2.87$97.9$12.5$10.2$2.29
2020Detailed filing. Detailed filing data is available for this year.$92.8$2.21$90.6$12.1$9.11$2.96
2019Detailed filing. Detailed filing data is available for this year.$62.7$1.99$60.7$5.05$4.70$0.35
2018Summary only. Only limited summary data is available for this year.$60.2$1.87$58.3$5.51$4.50$1.00
2017Detailed filing. Detailed filing data is available for this year.$58.5$1.68$56.8$5.31$4.16$1.15
2016Detailed filing. Detailed filing data is available for this year.$56.7$1.56$55.2$5.28$3.97$1.31
2015Detailed filing. Detailed filing data is available for this year.$54.6$1.46$53.2$5.24$3.71$1.53
2014Detailed filing. Detailed filing data is available for this year.$52.3$1.36$50.9$4.88$3.58$1.30
2013Detailed filing. Detailed filing data is available for this year.$51.3$1.68$49.6$4.73$3.27$1.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.4$1.30$48.1$3.11
2011Summary only. Only limited summary data is available for this year.$48.3$1.17$47.1$4.26$3.12$1.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.1$1.13$46.0$1.80