Civic Intelligence

Jackson County Economic Development Foundation Inc.

990 • Fiscal year 2015 • EIN 64-0838516

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 12, 2016

Organization ProfileWWW.JCEDF.ORG

View Organization Page

PO Drawer 1558Pascagoula, MS 39568

(228) 769-6263

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

40th percentile

0.07x

Higher debt load relative to revenue than 40% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

94th percentile

$308,134

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 27.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

18th percentile

-6.6%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

135%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets31st percentile

Assets

Down

$3,471,688

Down $243,625 (-6.6%) from 2014

Net Assets

Down

$3,396,690

Down $247,998 (-6.8%) from 2014

Liabilities

Up

$74,998

Up $4,373 (+6.2%) from 2014

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin12th percentile

Revenue

Up

$1,119,545

Up $643,095 (+135%) from 2014

Expenses

Up

$1,397,104

Up $220,465 (+19%) from 2014

Net Income

Up

-$277,559

Up $422,630 (+60%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,799,504Liabilities 2010: $174,213Net Assets 2010: $3,625,2912010Assets 2011: $3,069,047Liabilities 2011: $179,249Net Assets 2011: $2,889,7982011Assets 2012: $4,552,203Liabilities 2012: $164,675Net Assets 2012: $4,387,5282012Assets 2013: $4,395,082Liabilities 2013: $76,513Net Assets 2013: $4,318,5692013Assets 2014: $3,715,313Liabilities 2014: $70,625Net Assets 2014: $3,644,6882014Assets 2015: $3,471,688Liabilities 2015: $74,998Net Assets 2015: $3,396,6902015Assets 2016: $3,148,242Liabilities 2016: $117,786Net Assets 2016: $3,030,4562016Assets 2017: $3,173,781Liabilities 2017: $86,413Net Assets 2017: $3,087,3682017Assets 2018: $4,551,237Liabilities 2018: $140,204Net Assets 2018: $4,411,0332018Assets 2019: $4,458,426Liabilities 2019: $203,008Net Assets 2019: $4,255,4182019Assets 2020: $4,080,202Liabilities 2020: $99,720Net Assets 2020: $3,980,4822020Assets 2021: $3,810,649Liabilities 2021: $146,868Net Assets 2021: $3,663,7812021Assets 2022: $3,825,071Liabilities 2022: $671,073Net Assets 2022: $3,153,9982022Assets 2023: $4,179,183Liabilities 2023: $652,128Net Assets 2023: $3,527,0552023Assets 2024: $4,807,913Liabilities 2024: $1,235,424Net Assets 2024: $3,572,4892024

Highlighted filing

2015

Assets$3,471,688
Liabilities$74,998
Net Assets$3,396,690
Open 2015 Filing

Operations Trend

Revenue Growth95th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,168,2622010Expenses 2011: $1,277,7312011Expenses 2012: $1,374,7232012Revenue 2013: $1,157,407Expenses 2013: $1,293,324Net Income 2013: -$135,9172013Revenue 2014: $476,450Expenses 2014: $1,176,639Net Income 2014: -$700,1892014Revenue 2015: $1,119,545Expenses 2015: $1,397,104Net Income 2015: -$277,5592015Revenue 2016: $821,134Expenses 2016: $1,218,791Net Income 2016: -$397,6572016Revenue 2017: $1,374,716Expenses 2017: $1,307,539Net Income 2017: $67,1772017Revenue 2018: $2,772,948Expenses 2018: $1,451,810Net Income 2018: $1,321,1382018Revenue 2019: $1,531,999Expenses 2019: $1,676,705Net Income 2019: -$144,7062019Revenue 2020: $1,141,126Expenses 2020: $1,433,926Net Income 2020: -$292,8002020Revenue 2021: $1,167,595Expenses 2021: $1,479,591Net Income 2021: -$311,9962021Revenue 2022: $2,227,109Expenses 2022: $2,729,742Net Income 2022: -$502,6332022Revenue 2023: $2,216,334Expenses 2023: $1,843,277Net Income 2023: $373,0572023Revenue 2024: $2,067,099Expenses 2024: $2,021,665Net Income 2024: $45,4342024

Highlighted filing

2015

Revenue$1,119,545
Expenses$1,397,104
Net Income-$277,559
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 12, 2016
Return Version
2014v6.0
Gross Receipts
$1,136,751
Mission and Program Overview

Mission

Improving the economic development opportunities of jackson county, mississippi by unifying planning, economic & industrial development, and marketing activities in the county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,996,687$1,269,718▼ $726,969
Savings and Temporary Cash Investments$1,366,254$1,066,948▼ $299,306
Cash and Non-Interest-Bearing Accounts$251,869$998,103▲ $746,234
Land, Buildings, and Equipment, Net$100,044$127,957▲ $27,913
Accounts Receivable-$8,953-
Prepaid Expenses and Deferred Charges$459$9▼ $450
Total Assets$3,715,313$3,471,688▼ $243,625
Liabilities
Other Liabilities$36,257$45,222▲ $8,965
Accounts Payable and Accrued Expenses$34,368$29,776▼ $4,592
Total Liabilities$70,625$74,998▲ $4,373
Net Assets / Fund Balance
Unrestricted Net Assets$1,845,300$1,745,389▼ $99,911
Temporarily Rstr Net Assets$1,799,388$1,651,301▼ $148,087
Total Net Assets Fund Balance$3,644,688$3,396,690▼ $247,998
Total Liabilities and Net Assets / Fund Balance$3,715,313$3,471,688▼ $243,625

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$77,263$178,172$255,435
Equipment$31,055$29,439$60,494
Leasehold Improvements$19,639$2,161$21,800
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George FreelandCEOFT$277,036$31,098$308,134

Board Members and Trustees

NameTitle
Greg CroninChairman
JERRY STPE'Vice Chair
Barry CumbestBoard Member
Billy BroomfieldBoard Member
Brian CucciasBoard Member
Connie MoranBoard Member
Den KnechtBoard Member
Gordon GollottBoard Member
Jim BlevinsBoard Member
Jim EstabrookBoard Member
Morris StricklandBoard Member
Ronald RobinsonBoard Member
Troy RossBoard Member
Wallace EasleyBoard Member
Royce CumbestSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$1,106,866
Program Service Revenue
$0
Investment Income
$12,679
Other Revenue
$0
All Other Contributions
$606,913
Change in Net Assets
$-277,559

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,119,545
Revenue Not Reported on Form 990
$30,000
Total Revenue per Audited Statements
$1,149,545
Total Revenue per Form 990
$1,119,545
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$804,482
Salaries, Compensation, and Employee Benefits$592,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$249,332$27,704-$277,036
Other Salaries and Wages$200,312$22,257-$222,569
Advertising$108,982--$108,982
Conferences and Meetings$98,237--$98,237
Travel$67,205--$67,205
Office Expenses$40,690$10,172-$50,862
Other Employee Benefits$45,431$5,048-$50,479
Occupancy-$30,000-$30,000
Depreciation Depletion$23,919$5,981-$29,900
Payroll Taxes$25,521$2,836-$28,357
Fees for Services Accounting$16,194$4,048-$20,242
Insurance-$17,388-$17,388
Other Expenses$17,289--$17,289
Fees for Services Other$16,601--$16,601
Information Technology$11,402$2,851-$14,253
Pension Plan Contributions$12,763$1,418-$14,181
Fees for Services Legal$6,074$1,518-$7,592
All Other Expenses$7,038--$7,038
Total Functional Expenses$1,265,883$131,221$0$1,397,104

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,397,543
Expenses per Audited Statements$1,397,104
Total Expenses per Form 990$1,397,104
Expenses Not Reported on Form 990$439
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
Compensated Absences$35,691
Miscellaneous$9,531
Retirement Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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, Page 6, Part VI, Line 11B

“The return is reviewed by the finance committee”

Form 990, Page 6, Part VI, Line 15A

“Annually the executive committee meets to discuss and determine any changes to the employment agreement of the ceo. The executive committee consists of: chairman, vice chairman, previous chairman and secretary/treasurer of the board. This process includes but is not limited to; comparable compensation data for similarly qualified persons for the same type organization; input from foundation's attorney addressing any employment agreement issues; the discussion and final decisions are noted and documented in the executive committee files. All final deisions are then presented to the full board of directors for approval.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Jackson County Economic Development
EIN
64-0838516
Phone
2287696263
Address
PO DRAWER 1558, PASCAGOULA, MS 39568

Signing Officer

Name
George Freeland
Title
CEO
Phone
2287696263
Signed
2016-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Freeland
Formed
1993
Legal Domicile
Ms
Voting Board Members
15
Independent Board Members
15
Employees
5

Preparer

Firm
Rebecca F Hennessey CPA
Address
PO BOX 808, OCEAN SPRINGS, MS 39566
Preparer
Rebecca F Hennessey CPA
Phone
2288186120
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Compensated absences -439”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

“COMPENSATED ABSENCES 439”

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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt024100
IRS990/GrossReceiptsAmt01136751
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02851
IRS990/InformationTechnologyGrp/ProgramServicesAmt011402
IRS990/InformationTechnologyGrp/TotalAmt014253
IRS990/InsuranceGrp/ManagementAndGeneralAmt017388
IRS990/InsuranceGrp/TotalAmt017388
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05785
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05785
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0209772
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0100044
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0127957
IRS990/LandBldgEquipCostOrOtherBssAmt0337729
IRS990/LegalDomicileStateCd0MS
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt017206
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IMPROVING THE ECONOMIC DEVELOPMENT OPPORTUNITIES OF JACKSON COUNTY, MISSISSIPPI BY UNIFYING PLANNING, ECONOMIC & INDUSTRIAL DEVELOPMENT, AND MARKETING ACTIVITIES IN THE COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03644688
IRS990/NetAssetsOrFundBalancesEOYAmt03396690
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt06894
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06894
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt030000
IRS990/OccupancyGrp/TotalAmt030000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010172
IRS990/OfficeExpensesGrp/ProgramServicesAmt040690
IRS990/OfficeExpensesGrp/TotalAmt050862
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-439
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05048
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt045431
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050479
IRS990/OtherExpensesGrp/Desc0BAD DEBT LOSS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2COMMUNITY DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3PROSPECT DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0121000
IRS990/OtherExpensesGrp/ProgramServicesAmt1116750
IRS990/OtherExpensesGrp/ProgramServicesAmt281143
IRS990/OtherExpensesGrp/ProgramServicesAmt317289
IRS990/OtherExpensesGrp/TotalAmt0121000
IRS990/OtherExpensesGrp/TotalAmt1116750
IRS990/OtherExpensesGrp/TotalAmt281143
IRS990/OtherExpensesGrp/TotalAmt317289
IRS990/OtherLiabilitiesGrp/BOYAmt036257
IRS990/OtherLiabilitiesGrp/EOYAmt045222
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022257
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0200312
IRS990/OtherSalariesAndWagesGrp/TotalAmt0222569
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02836
IRS990/PayrollTaxesGrp/ProgramServicesAmt025521
IRS990/PayrollTaxesGrp/TotalAmt028357
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01418
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012763
IRS990/PensionPlanContributionsGrp/TotalAmt014181
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01996687
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01269718
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0459
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09
IRS990/PrincipalOfficerNm0GEORGE FREELAND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0470507
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05943
IRS990/PYOtherExpensesAmt0584997
IRS990/PYRevenuesLessExpensesAmt0-700189
IRS990/PYSalariesCompEmpBnftPaidAmt0591642
IRS990/PYTotalExpensesAmt01176639
IRS990/PYTotalRevenueAmt0476450
IRS990/ReconcilationRevenueExpnssAmt0-277559
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01366254
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01066948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01106866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0470507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01152148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02755361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0506907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05991789
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt030000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt030000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0150000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05943
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09142
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012068
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt038745
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05785
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75380
IRS990ScheduleA/PublicSupportPY170Pct00.79490
IRS990ScheduleA/PublicSupportTotal170Amt04658944
IRS990ScheduleA/SubstantialContributorsTotAmt01482845
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01136866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0500507
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01182148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02785361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0536907
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06141789
IRS990ScheduleA/TotalSupportAmt06180534
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt030000
IRS990ScheduleD/EquipmentGrp/BookValueAmt031055
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029439
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt060494
IRS990ScheduleD/ExpensesNotReportedAmt0439
IRS990ScheduleD/ExpensesSubtotalAmt01397104
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019639
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02161
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt021800
IRS990ScheduleD/OtherExpensesIncludedAmt0439
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077263
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0178172
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0255435
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035691
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RETIREMENT PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt030000
IRS990ScheduleD/RevenueSubtotalAmt01119545
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COMPENSATED ABSENCES 439
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0127957
IRS990ScheduleD/TotalExpensesPerForm990Amt01397104
IRS990ScheduleD/TotalLiabilityAmt045222
IRS990ScheduleD/TotalRevenuePerForm990Amt01119545
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01149545
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01397543
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0277036
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031098
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GEORGE FREELAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0308134
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE FINANCE COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY THE EXECUTIVE COMMITTEE MEETS TO DISCUSS AND DETERMINE ANY CHANGES TO THE EMPLOYMENT AGREEMENT OF THE CEO. THE EXECUTIVE COMMITTEE CONSISTS OF: CHAIRMAN, VICE CHAIRMAN, PREVIOUS CHAIRMAN AND SECRETARY/TREASURER OF THE BOARD. THIS PROCESS INCLUDES BUT IS NOT LIMITED TO; COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS FOR THE SAME TYPE ORGANIZATION; INPUT FROM FOUNDATION'S ATTORNEY ADDRESSING ANY EMPLOYMENT AGREEMENT ISSUES; THE DISCUSSION AND FINAL DECISIONS ARE NOTED AND DOCUMENTED IN THE EXECUTIVE COMMITTEE FILES. ALL FINAL DEISIONS ARE THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATED ABSENCES -439
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,471,688
Liabilities
$74,998
Net assets
$3,396,690
Revenue
$1,119,545
Expenses
$1,397,104
Net income
-$277,559
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.81$1.24$3.57$2.07$2.02$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.18$0.65$3.53$2.22$1.84$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.67$3.15$2.23$2.73$0.50
2021Detailed filing. Detailed filing data is available for this year.$3.81$0.15$3.66$1.17$1.48$0.31
2020Detailed filing. Detailed filing data is available for this year.$4.08$0.10$3.98$1.14$1.43$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.46$0.20$4.26$1.53$1.68$0.14
2018Detailed filing. Detailed filing data is available for this year.$4.55$0.14$4.41$2.77$1.45$1.32
2017Detailed filing. Detailed filing data is available for this year.$3.17$0.09$3.09$1.37$1.31$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.15$0.12$3.03$0.82$1.22$0.40
2015Detailed filing. Detailed filing data is available for this year.$3.47$0.07$3.40$1.12$1.40$0.28
2014Detailed filing. Detailed filing data is available for this year.$3.72$0.07$3.64$0.48$1.18$0.70
2013Summary only. Only limited summary data is available for this year.$4.40$0.08$4.32$1.16$1.29$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$0.16$4.39$1.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.18$2.89$1.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.17$3.63$1.17