Civic Intelligence

Langston Development Fund Inc

990 • Fiscal year 2015 • EIN 73-1476426

Jul 01, 2014 to Jun 30, 2015 • Filed on May 10, 2016

Organization ProfileN/A
PO Box 719Langston, OK 73050

(405) 466-3234

Siviq Scores

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

Liabilities / Assets

95th percentile

1.07x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

4.88x

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

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

33rd percentile

-1.5%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

67th percentile

10%

Faster revenue growth than 67% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$37,590,093

Down $569,324 (-1.5%) from 2014

Net Assets

Up

-$2,638,262

Up $920,155 (+26%) from 2014

Liabilities

Down

$40,228,355

Down $1,489,479 (-3.6%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin68th percentile

Revenue

Up

$8,241,921

Up $762,461 (+10%) from 2014

Expenses

Up

$7,326,584

Up $161,569 (+2.3%) from 2014

Net Income

Up

$915,337

Up $600,892 (+191%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$60M$40M$20M$0-$20MAssets 2011: $41,643,934Liabilities 2011: $45,643,351Net Assets 2011: -$3,999,4172011Assets 2012: $40,599,828Liabilities 2012: $44,658,678Net Assets 2012: -$4,058,8502012Assets 2013: $39,281,552Liabilities 2013: $43,154,414Net Assets 2013: -$3,872,8622013Assets 2014: $38,159,417Liabilities 2014: $41,717,834Net Assets 2014: -$3,558,4172014Assets 2015: $37,590,093Liabilities 2015: $40,228,355Net Assets 2015: -$2,638,2622015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2015

Assets$37,590,093
Liabilities$40,228,355
Net Assets-$2,638,262
Open 2015 Filing

Operations Trend

Revenue Growth67th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $7,262,135Expenses 2011: $7,394,758Net Income 2011: -$132,6232011Revenue 2012: $7,371,037Expenses 2012: $7,430,470Net Income 2012: -$59,4332012Revenue 2013: $7,440,940Expenses 2013: $7,254,952Net Income 2013: $185,9882013Revenue 2014: $7,479,460Expenses 2014: $7,165,015Net Income 2014: $314,4452014Revenue 2015: $8,241,921Expenses 2015: $7,326,584Net Income 2015: $915,3372015Revenue 2016: $4,140,856Expenses 2016: $1,502,594Net Income 2016: $2,638,2622016

Highlighted filing

2015

Revenue$8,241,921
Expenses$7,326,584
Net Income$915,337
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 10, 2016
Return Version
2014v6.0
Gross Receipts
$8,241,921
Mission and Program Overview

Mission

The purpose is to promote and foster the educational interests of every kind and descriptions of langston university. Also, it will solicit, receive, hold, and administer donations of money or property, both personal and real, which may be made to the organization for its proper objectives.

Fundraising for langston university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,610,150$26,150,004▼ $1,460,146
Investments in Publicly Traded Securities$7,046,235$7,006,532▼ $39,703
Savings and Temporary Cash Investments$2,038,195$3,219,351▲ $1,181,156
Accounts Receivable$433,747$475,830▲ $42,083
Prepaid Expenses and Deferred Charges$392,094$399,850▲ $7,756
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$38,159,417$37,590,093▼ $569,324
Other Assets Total$638,996$338,526▼ $300,470
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,844,514$39,498,552▼ $1,345,962
Accounts Payable and Accrued Expenses$370,573$342,343▼ $28,230
Unsecured Notes Loans Payable$311,672$323,640▲ $11,968
Escrow Account Liability$141,258$0▼ $141,258
Deferred Revenue$49,817$63,820▲ $14,003
Grants Payable$0$0→ $0
Other Liabilities$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$41,717,834$40,228,355▼ $1,489,479
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-3,558,417$-2,638,262▲ $920,155
Total Net Assets Fund Balance$-3,558,417$-2,638,262▲ $920,155
Total Liabilities and Net Assets / Fund Balance$38,159,417$37,590,093▼ $569,324

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,023,229$11,980,993$38,004,222
Equipment$126,775$1,813,836$1,940,611
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Darrell JeffloChairman
James DunavantAssistant Vice President
Mautra JonesVice President
Dr Sharron BurnettExecutive Director
Douglas BurnsMember
Dr Wayne JonesMember
Excell Lafeyette JrMember
Joellyn A McCormickMember
Revenue and Support

Revenue Composition

Contributions and Grants
$98,430
Program Service Revenue
$8,000,328
Investment Income
$143,163
Other Revenue
$0
All Other Contributions
$98,430
Change in Net Assets
$915,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,323,130
Salaries, Compensation, and Employee Benefits$905,024
Grants and Similar Amounts Paid$98,430
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,004,931--$2,004,931
Depreciation Depletion$1,460,145--$1,460,145
Occupancy$1,223,334--$1,223,334
Other Salaries and Wages$677,454--$677,454
Other Expenses$546,572--$546,572
Insurance$474,478--$474,478
Office Expenses$339,375--$339,375
Fees for Services Management-$232,099-$232,099
Other Employee Benefits$227,570--$227,570
Grants to Domestic Orgs$98,430--$98,430
Fees for Services Accounting-$24,549-$24,549
All Other Expenses-$14,177-$14,177
Advertising$3,470--$3,470
Total Functional Expenses$7,055,759$270,825$0$7,326,584
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Langston UniversityLangston, OK-General funding$98,430
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7B

“Other members present in the board meeting, who are not of the quorum, but their majority vote along with the quorum constitute a binding action of the fund.”

Form 990, Part VI, Line 11

“The return is prepared and reviewed by an outside accounting firm. The return is then reviewed internally by management prior to filing with the irs.”

Form 990, Part VI, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Langston Development Fund Inc
EIN
73-1476426
In Care Of
% MAUTRA JONES
Phone
4054663234
Address
PO BOX 719, LANGSTON, OK 73050

Signing Officer

Name
Mautra Jones
Title
Officer
Phone
4054663234
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mautra Jones
Formed
1955
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bkd Llp
Address
6120 S Yale 1400, Tulsa, OK 74136-4223
Preparer
Amy M Catcher
Phone
9185842900
Supplemental Narrative

Financial Statement Notes

Sch D, Part IV, Line 2B

“Ldf student housing, llc collects security deposits from its residents.”

Sch D, Part X, Line 2

“The Organization is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the Organization is subject to the federal income tax on any unrelated business taxable income. The Organization files tax returns in the U.S. federal jurisdiction. With a few exceptions, the Organization is no longer subject to U.S. federal examinations by tax authroties for years before 2012. The Company, as a single member limited liability company is considered a disregarded entity for income tax purposes, with all reporting made directly through the single member, the Organization. Accordingly, no income taxes are reflected in these consolidated financial statements.”

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IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07692437
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt188887
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2219004
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07692437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188887
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2219004
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING ASSISTANCE TO LANGSTON UNIVERSITY BY PROVIDING SCHOLARSHIPS, ENDOWMENT FUNDS, AND OTHER ASSISTANCE AS A FUND-RAISING VEHICLE FOR THE UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt098430
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt098430
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0331734
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt046130
IRS990/PYInvestmentIncomeAmt0203495
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06235455
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06944231
IRS990/PYRevenuesLessExpensesAmt0314445
IRS990/PYSalariesCompEmpBnftPaidAmt0883430
IRS990/PYTotalExpensesAmt07165015
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07479460
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0915337
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07901898
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02038195
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03219351
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt098430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0331734
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01053061
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt064309
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01547534
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0147981
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0203495
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0177697
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0107944
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0143362
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0780479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07781324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06862179
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07210182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07263093
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07054464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt036171242
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0147981
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0203495
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0177697
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0107944
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0143362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0780479
IRS990ScheduleA/InvestmentIncomeCYPct00.01992
IRS990ScheduleA/InvestmentIncomePYPct00.02011
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0219004
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt082052
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt031962
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0190377
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0151602
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0674997
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96285
IRS990ScheduleA/PublicSupportPY509Pct00.96363
IRS990ScheduleA/PublicSupportTotal509Amt037718776
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07879754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07193913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08263243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07263093
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07118773
IRS990ScheduleA/Total509Grp/TotalAmt037718776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08246739
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07479460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08472902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07561414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07413737
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt039174252
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/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt026023229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011980993
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt038004222
IRS990ScheduleD/EquipmentGrp/BookValueAmt0126775
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01813836
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01940611
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LDF STUDENT HOUSING, LLC COLLECTS SECURITY DEPOSITS FROM ITS RESIDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the Organization is subject to the federal income tax on any unrelated business taxable income. The Organization files tax returns in the U.S. federal jurisdiction. With a few exceptions, the Organization is no longer subject to U.S. federal examinations by tax authroties for years before 2012. The Company, as a single member limited liability company is considered a disregarded entity for income tax purposes, with all reporting made directly through the single member, the Organization. Accordingly, no income taxes are reflected in these consolidated financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH D, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCH D, PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026150004
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt098430
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General funding
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Langston University
IRS990ScheduleI/RecipientTable/RecipientEIN0113815948
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0701 Sammy Davis Jr Dr
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Langston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073050
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization only provides grants to Langston University. The organization provides assistance to the University primarily through scholarships and endowment funds received from various donors. All contributions received by the Organization from its fundraising activities are transferred upon receipt to the University in accordance with the bylaws of the Organization.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Sch I Part I Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER MEMBERS PRESENT IN THE BOARD MEETING, WHO ARE NOT OF THE QUORUM, BUT THEIR MAJORITY VOTE ALONG WITH THE QUORUM CONSTITUTE A BINDING ACTION OF THE FUND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED AND REVIEWED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS THEN REVIEWED INTERNALLY BY MANAGEMENT PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$37,590,093
Liabilities
$40,228,355
Net assets
-$2,638,262
Revenue
$8,241,921
Expenses
$7,326,584
Net income
$915,337
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$4.14$1.50$2.64
2015Detailed filing. Detailed filing data is available for this year.$37.6$40.2$2.64$8.24$7.33$0.92
2014Detailed filing. Detailed filing data is available for this year.$38.2$41.7$3.56$7.48$7.17$0.31
2013Summary only. Only limited summary data is available for this year.$39.3$43.2$3.87$7.44$7.25$0.19
2012Summary only. Only limited summary data is available for this year.$40.6$44.7$4.06$7.37$7.43$0.06
2011Summary only. Only limited summary data is available for this year.$41.6$45.6$4.00$7.26$7.39$0.13
Peer Organizations

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