Civic Intelligence

Fayette County Local Development Corporation

EIN 61-1057380 • 501(c)3 • Lexington, KY

Profile

To improve economic development with primary focus on the development of affordable housing.

148 Deweese StLexington, KY 40507

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.85x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

9.81x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

25th percentile

-3.1%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-8.3%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$7,118,113

Down $231,285 (-3.1%) from 2023

Liabilities

Down

$6,034,226

Down $107,910 (-1.8%) from 2023

Net Assets

Down

$1,083,887

Down $123,375 (-10%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin12th percentile

Revenue

Down

$614,894

Down $56,004 (-8.3%) from 2023

Expenses

Up

$750,757

Up $58,451 (+8.4%) from 2023

Net Income

Down

-$135,863

Down $114,455 (-535%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,061,787Liabilities 2011: $2,832,504Net Assets 2011: $1,229,2832011Assets 2012: $5,139,250Liabilities 2012: $3,955,549Net Assets 2012: $1,183,7012012Assets 2013: $5,590,928Liabilities 2013: $4,328,185Net Assets 2013: $1,262,7432013Assets 2014: $5,649,693Liabilities 2014: $4,427,671Net Assets 2014: $1,222,0222014Assets 2015: $6,024,234Liabilities 2015: $4,793,023Net Assets 2015: $1,231,2112015Assets 2016: $6,530,547Liabilities 2016: $5,303,686Net Assets 2016: $1,226,8612016Assets 2017: $7,031,401Liabilities 2017: $5,824,129Net Assets 2017: $1,207,2722017Assets 2018: $6,968,319Liabilities 2018: $5,810,639Net Assets 2018: $1,157,6802018Assets 2019: $7,703,408Liabilities 2019: $6,562,627Net Assets 2019: $1,140,7812019Assets 2020: $7,771,270Liabilities 2020: $6,669,575Net Assets 2020: $1,101,6952020Assets 2021: $7,740,919Liabilities 2021: $6,555,244Net Assets 2021: $1,185,6752021Assets 2022: $7,578,753Liabilities 2022: $6,350,083Net Assets 2022: $1,228,6702022Assets 2023: $7,349,398Liabilities 2023: $6,142,136Net Assets 2023: $1,207,2622023Assets 2024: $7,118,113Liabilities 2024: $6,034,226Net Assets 2024: $1,083,8872024

Highlighted filing

2024

Assets$7,118,113
Liabilities$6,034,226
Net Assets$1,083,887
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $685,715Expenses 2011: $554,010Net Income 2011: $131,7052011Revenue 2012: $435,343Expenses 2012: $480,925Net Income 2012: -$45,5822012Revenue 2013: $660,344Expenses 2013: $581,302Net Income 2013: $79,0422013Revenue 2014: $473,068Expenses 2014: $513,789Net Income 2014: -$40,7212014Revenue 2015: $580,381Expenses 2015: $571,192Net Income 2015: $9,1892015Revenue 2016: $508,141Expenses 2016: $512,491Net Income 2016: -$4,3502016Revenue 2017: $561,292Expenses 2017: $580,881Net Income 2017: -$19,5892017Revenue 2018: $546,749Expenses 2018: $596,341Net Income 2018: -$49,5922018Revenue 2019: $549,430Expenses 2019: $566,329Net Income 2019: -$16,8992019Revenue 2020: $569,518Expenses 2020: $608,604Net Income 2020: -$39,0862020Revenue 2021: $649,620Expenses 2021: $685,827Net Income 2021: -$36,2072021Revenue 2022: $654,818Expenses 2022: $611,823Net Income 2022: $42,9952022Revenue 2023: $670,898Expenses 2023: $692,306Net Income 2023: -$21,4082023Revenue 2024: $614,894Expenses 2024: $750,757Net Income 2024: -$135,8632024

Highlighted filing

2024

Revenue$614,894
Expenses$750,757
Net Income-$135,863
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,118,113
Liabilities
$6,034,226
Net assets
$1,083,887
Revenue
$614,894
Expenses
$750,757
Net income
-$135,863
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$6.03$1.08$0.61$0.75$0.14
2023Summary only. Only limited summary data is available for this year.$7.35$6.14$1.21$0.67$0.69$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.58$6.35$1.23$0.65$0.61$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.74$6.56$1.19$0.65$0.69$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.77$6.67$1.10$0.57$0.61$0.04
2019Summary only. Only limited summary data is available for this year.$7.70$6.56$1.14$0.55$0.57$0.02
2018Summary only. Only limited summary data is available for this year.$6.97$5.81$1.16$0.55$0.60$0.05
2017Summary only. Only limited summary data is available for this year.$7.03$5.82$1.21$0.56$0.58$0.02
2016Summary only. Only limited summary data is available for this year.$6.53$5.30$1.23$0.51$0.51$0.00
2015Summary only. Only limited summary data is available for this year.$6.02$4.79$1.23$0.58$0.57$0.01
2014Summary only. Only limited summary data is available for this year.$5.65$4.43$1.22$0.47$0.51$0.04
2013Summary only. Only limited summary data is available for this year.$5.59$4.33$1.26$0.66$0.58$0.08
2012Summary only. Only limited summary data is available for this year.$5.14$3.96$1.18$0.44$0.48$0.05
2011Summary only. Only limited summary data is available for this year.$4.06$2.83$1.23$0.69$0.55$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$614,894
Mission and Program Overview

Mission

To improve economic development with primary focus on the development of affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,503,518$5,232,100▼ $271,418
Other Notes and Loans Receivable, Net$1,475,214$1,472,214▼ $3,000
Cash and Non-Interest-Bearing Accounts$173,286$206,103▲ $32,817
Accounts Receivable$113,948$100,304▼ $13,644
Inventories for Sale or Use$80,265$82,191▲ $1,926
Pledges and Grants Receivable-$25,000-
Prepaid Expenses and Deferred Charges$3,167$201▼ $2,966
Total Assets$7,349,398$7,118,113▼ $231,285
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,465,117$3,366,279▼ $98,838
Other Liabilities$2,595,592$2,581,591▼ $14,001
Escrow Account Liability$43,787$45,265▲ $1,478
Accounts Payable and Accrued Expenses$34,741$40,463▲ $5,722
Deferred Revenue$2,899$628▼ $2,271
Total Liabilities$6,142,136$6,034,226▼ $107,910
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,207,262$1,083,887▼ $123,375
Total Net Assets Fund Balance$1,207,262$1,083,887▼ $123,375
Total Liabilities and Net Assets / Fund Balance$7,349,398$7,118,113▼ $231,285

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,389,420$2,803,851$7,193,271
Land$718,822-$718,822
Other Land Buildings$123,858$278,821$402,679
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Porter G Peeples SrPresident
Abdul MuhammadBoard Member
Denise BrownBoard Member
Ebony WilliamsBoard Member
John LoganBoard Member
Keith JonesBoard Member
Larry ForesterBoard Member
Raymond SmithBoard Member
Sherry FieldsBoard Member
Tasha WhiteBoard Member
Timothy ElleryBoard Member
Norman P FranklinAuthorized Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bex Construction INCConstruction2456 PALUMBO DRIVE, Lexington, KY 40509$633,070
Revenue and Support

Revenue Composition

Contributions and Grants
$50,000
Program Service Revenue
$501,182
Investment Income
$156
Other Revenue
$63,556
All Other Contributions
$25,000
Change in Net Assets
$-135,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$750,757
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$275,963$4,968-$280,931
Interest$216,700$9,132-$225,832
Insurance$74,977$817-$75,794
Fees for Services Accounting$5,200$4,960-$10,160
Other Expenses$6,346$4,090-$6,346
Fees for Services Other-$3,934-$3,934
Office Expenses-$3,024-$3,024
All Other Expenses-$3,000-$3,000
Fees for Services Legal$965$883-$1,848
Total Functional Expenses$715,949$34,808$0$750,757
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Grant Income$2,050,825
Note Payable - Related Party$494,000
Due to Urban League$36,766
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by management, any concerns are pursued for clarity with the accounting firm; the 990 is then submitted to the board via email attachment for their review; after board review and approval, the 990 is submitted to an authorized officer of the agency for signature before filing; the federal copy is electronically filed and the state form is mailed to the appropriate state agency.”

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

“The conflict of interest policy is monitored annually. Staff and board members are asked to complete a document indicating any potential conflicts of interest.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are made available upon written request and for purpose.”

Filing and Contact Details

Filer

Filer Name
Fayette County Local
EIN
61-1057380
Phone
8592331561
Address
148 DEWEESE ST, LEXINGTON, KY 40507

Signing Officer

Name
Tasha White
Title
Authorized Officer
Phone
8592331561
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Porter G Peeples
Formed
1981
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Hicks & Associates Cpas Pllc
Address
1795 ALYSHEBA WAY SUITE 6206, LEXINGTON, KY 40509
Preparer
David W Hickscpacff
Phone
8593689727
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Debt forgiveness: program service expenses 0. Management and general expenses 3,000. Fundraising expenses 0. Total expenses 3,000.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year. However, due to covid-19 and related issues, there have been delays in the audits for the fiscal years ended june 30, 2023 and 2024. The 2023 audit is in-progress and has not been completed. But the board will approve the audits once completed.”

Financial Statement Notes

PART IV, LINE 2B:

“Renters' security deposits”

PART X, LINE 2:

“As of june 30, 2024, the organization has no uncertain tax positions that qualify for disclosure in the financial statements. Tax years still open under federal and state statute of limitations remain subject to review and change.”

Raw XML AppendixShowing 400 of 567 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.

Path#Value
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0817
IRS990/InsuranceGrp/ProgramServicesAmt074977
IRS990/InsuranceGrp/TotalAmt075794
IRS990/InterestGrp/ManagementAndGeneralAmt09132
IRS990/InterestGrp/ProgramServicesAmt0216700
IRS990/InterestGrp/TotalAmt0225832
IRS990/InventoriesForSaleOrUseGrp/BOYAmt080265
IRS990/InventoriesForSaleOrUseGrp/EOYAmt082191
IRS990/InvestmentIncomeGrp/ExclusionAmt0156
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0156
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03082672
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05503518
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05232100
IRS990/LandBldgEquipCostOrOtherBssAmt08314772
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPROVE ECONOMIC DEVELOPMENT WITH PRIMARY FOCUS ON THE DEVELOPMENT OF AFFORDABLE HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03465117
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03366279
IRS990/NetAssetsOrFundBalancesBOYAmt01207262
IRS990/NetAssetsOrFundBalancesEOYAmt01083887
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01207262
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01083887
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03024
IRS990/OfficeExpensesGrp/TotalAmt03024
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROPERTY AND RENOVATION
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3DEVELOPER COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04090
IRS990/OtherExpensesGrp/ProgramServicesAmt0115450
IRS990/OtherExpensesGrp/ProgramServicesAmt19658
IRS990/OtherExpensesGrp/ProgramServicesAmt210690
IRS990/OtherExpensesGrp/ProgramServicesAmt36346
IRS990/OtherExpensesGrp/TotalAmt0115450
IRS990/OtherExpensesGrp/TotalAmt113748
IRS990/OtherExpensesGrp/TotalAmt210690
IRS990/OtherExpensesGrp/TotalAmt36346
IRS990/OtherLiabilitiesGrp/BOYAmt02595592
IRS990/OtherLiabilitiesGrp/EOYAmt02581591
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/BusinessCd2531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1FORGIVENESS OF DEBT
IRS990/OtherRevenueMiscGrp/Desc2DEVELOPER FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt024485
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt119551
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt219520
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024485
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt119551
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt219520
IRS990/OtherRevenueTotalAmt063556
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01475214
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01472214
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03167
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0201
IRS990/PrincipalOfficerNm0PORTER G PEEPLES
IRS990/PriorPeriodAdjustmentsAmt012488
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0501182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0501182
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054640
IRS990/PYOtherExpensesAmt0692306
IRS990/PYOtherRevenueAmt095707
IRS990/PYProgramServiceRevenueAmt0495551
IRS990/PYRevenuesLessExpensesAmt0-21408
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0692306
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0670898
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-135863
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0564738
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt035682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt035170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0123352
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0156
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt054640
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt051310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt048176
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt045187
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0199469
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0152000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0152000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0501182
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0495551
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0499885
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0463074
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0437472
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02397164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0156
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt054640
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt051310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt048176
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt045187
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0199469
IRS990ScheduleA/InvestmentIncomeCYPct00.06150
IRS990ScheduleA/InvestmentIncomePYPct00.07550
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt063556
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt095707
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt067941
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0103200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt042008
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0372412
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82370
IRS990ScheduleA/PublicSupportPY509Pct00.81400
IRS990ScheduleA/PublicSupportTotal509Amt02672516
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0526182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0520551
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0535567
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0498244
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0591972
IRS990ScheduleA/Total509Grp/TotalAmt02672516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0589894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0670898
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0654818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0649620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0679167
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03244397
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04389420
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02803851
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07193271
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0718822
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0718822
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0123858
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0278821
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0402679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12050825
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2494000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO URBAN LEAGUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED GRANT INCOME
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTE PAYABLE - RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENTERS' SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AS OF JUNE 30, 2024, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS STILL OPEN UNDER FEDERAL AND STATE STATUTE OF LIMITATIONS REMAIN SUBJECT TO REVIEW AND CHANGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05232100
IRS990ScheduleD/TotalLiabilityAmt02581591
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY MANAGEMENT, ANY CONCERNS ARE PURSUED FOR CLARITY WITH THE ACCOUNTING FIRM; THE 990 IS THEN SUBMITTED TO THE BOARD VIA EMAIL ATTACHMENT FOR THEIR REVIEW; AFTER BOARD REVIEW AND APPROVAL, THE 990 IS SUBMITTED TO AN AUTHORIZED OFFICER OF THE AGENCY FOR SIGNATURE BEFORE FILING; THE FEDERAL COPY IS ELECTRONICALLY FILED AND THE STATE FORM IS MAILED TO THE APPROPRIATE STATE AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY. STAFF AND BOARD MEMBERS ARE ASKED TO COMPLETE A DOCUMENT INDICATING ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST AND FOR PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEBT FORGIVENESS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HOWEVER, DUE TO COVID-19 AND RELATED ISSUES, THERE HAVE BEEN DELAYS IN THE AUDITS FOR THE FISCAL YEARS ENDED JUNE 30, 2023 AND 2024. THE 2023 AUDIT IS IN-PROGRESS AND HAS NOT BEEN COMPLETED. BUT THE BOARD WILL APPROVE THE AUDITS ONCE COMPLETED.

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