Civic Intelligence

Brazos Valley Public Broadcasting Foundation

990 • Fiscal year 2018 • EIN 74-2674611

Jun 01, 2017 to May 31, 2018 • Filed on Mar 29, 2019

PO Box 97296Waco, TX 76798

(254) 710-8789

Siviq Scores

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

Liabilities / Assets

61st percentile

0.08x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.07x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

56th percentile

5.7%

Higher net margin than 56% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

99th percentile

$668,836

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 87.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

68th percentile

9.8%

Faster asset growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-2.2%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$672,976

Up $60,013 (+9.8%) from 2017

Net Assets

Up

$616,559

Up $43,678 (+7.6%) from 2017

Liabilities

Up

$56,417

Up $16,335 (+41%) from 2017

Revenue

Down

$769,124

Down $17,578 (-2.2%) from 2017

Expenses

Up

$725,446

Up $16,271 (+2.3%) from 2017

Net Income

Down

$43,678

Down $33,849 (-44%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $232,542Liabilities 2010: $1,232,638Net Assets 2010: -$1,000,0962010Assets 2011: $164,195Liabilities 2011: $251,463Net Assets 2011: -$87,2682011Assets 2012: $185,507Liabilities 2012: $21,934Net Assets 2012: $163,5732012Assets 2013: $297,171Liabilities 2013: $32,304Net Assets 2013: $264,8672013Assets 2014: $408,720Liabilities 2014: $25,285Net Assets 2014: $383,4352014Assets 2015: $485,069Liabilities 2015: $39,015Net Assets 2015: $446,0542015Assets 2016: $537,917Liabilities 2016: $42,563Net Assets 2016: $495,3542016Assets 2017: $612,963Liabilities 2017: $40,082Net Assets 2017: $572,8812017Assets 2018: $672,976Liabilities 2018: $56,417Net Assets 2018: $616,5592018Assets 2019: $754,817Liabilities 2019: $53,802Net Assets 2019: $701,0152019Assets 2020: $982,699Liabilities 2020: $95,492Net Assets 2020: $887,2072020Assets 2021: $1,284,233Liabilities 2021: $86,553Net Assets 2021: $1,197,6802021Assets 2022: $1,777,522Liabilities 2022: $514,405Net Assets 2022: $1,263,1172022Assets 2023: $1,851,497Liabilities 2023: $527,472Net Assets 2023: $1,324,0252023Assets 2024: $1,666,605Liabilities 2024: $502,102Net Assets 2024: $1,164,5032024Assets 2025: $1,613,323Liabilities 2025: $480,965Net Assets 2025: $1,132,3582025

Highlighted filing

2018

Assets$672,976
Liabilities$56,417
Net Assets$616,559

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,969,6502010Expenses 2011: $770,4712011Expenses 2012: $638,7312012Expenses 2013: $648,5212013Revenue 2014: $846,585Expenses 2014: $728,017Net Income 2014: $118,5682014Revenue 2015: $721,179Expenses 2015: $658,560Net Income 2015: $62,6192015Revenue 2016: $755,910Expenses 2016: $706,610Net Income 2016: $49,3002016Revenue 2017: $786,702Expenses 2017: $709,175Net Income 2017: $77,5272017Revenue 2018: $769,124Expenses 2018: $725,446Net Income 2018: $43,6782018Revenue 2019: $779,075Expenses 2019: $694,619Net Income 2019: $84,4562019Revenue 2020: $906,299Expenses 2020: $720,107Net Income 2020: $186,1922020Revenue 2021: $1,016,832Expenses 2021: $706,359Net Income 2021: $310,4732021Revenue 2022: $819,023Expenses 2022: $753,586Net Income 2022: $65,4372022Revenue 2023: $807,177Expenses 2023: $746,269Net Income 2023: $60,9082023Revenue 2024: $769,232Expenses 2024: $928,754Net Income 2024: -$159,5222024Revenue 2025: $898,204Expenses 2025: $930,349Net Income 2025: -$32,1452025

Highlighted filing

2018

Revenue$769,124
Expenses$725,446
Net Income$43,678
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Mar 29, 2019
Return Version
2017v2.3
Gross Receipts
$769,124
Mission and Program Overview

Mission

To serve as an essential lifelong resource providing quality radio programs and services for the enrichment of the lives of central texans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$507,690$594,036▲ $86,346
Land, Buildings, and Equipment, Net$66,025$53,384▼ $12,641
Prepaid Expenses and Deferred Charges$39,248$25,481▼ $13,767
Accounts Receivable-$75-
Total Assets$612,963$672,976▲ $60,013
Liabilities
Accounts Payable and Accrued Expenses$40,082$51,417▲ $11,335
Deferred Revenue-$5,000-
Total Liabilities$40,082$56,417▲ $16,335
Net Assets / Fund Balance
Unrestricted Net Assets$572,881$616,559▲ $43,678
Total Net Assets Fund Balance$572,881$616,559▲ $43,678
Total Liabilities and Net Assets / Fund Balance$612,963$672,976▲ $60,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,384$167,511$220,895
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe RileyPresident/CEOFT$127,835$19,455$147,290
Maxey ParrishDirector--$135,925$135,925
Lori FoglemanDirector--$123,953$123,953
Ashley LougeCorporate Secretary--$72,588$72,588
Lois FergusonDirector--$54,261$54,261
Kim StevensDirector--$107$107

Board Members and Trustees

NameTitle
Pattie OrrChair
Ben LacyVice Chair
David RosselliDirector
Dr Ben KelleyDirector
Dr Jim MorrisonDirector
Dr Johnette MckownDirector
Drlinda LivingstoneDirector
Enid WadeDirector
Jason CookDirector
John CullarDirector
Liz TaylorDirector
Maggie MccarthyDirector
Michael ReeserDirector
Mike JonesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$523,797
Program Service Revenue
$245,327
Investment Income
$0
Other Revenue
$0
All Other Contributions
$298,421
Change in Net Assets
$43,678

Audited Revenue Reconciliation

Revenue per Audited Statements
$769,124
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$378,425
Total Revenue per Audited Statements
$1,147,549
Total Revenue per Form 990
$769,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$395,711
Other Expenses$329,735
Total Fundraising Expense$64,222
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$36,856$115,361$25,653$177,870
Current Officers, Directors, Trustees, and Key Employees$51,552$81,009$14,729$147,290
All Other Expenses$32,303$9,967$9,300$51,570
Other Employee Benefits$10,710$28,495$6,721$45,926
Other Expenses$28,523$2,406$89$28,523
Payroll Taxes$6,763$14,773$3,089$24,625
Fees for Services Other-$16,820-$16,820
Depreciation Depletion$12,640--$12,640
Occupancy$12,043--$12,043
Travel$1,848$6,167-$8,015
Office Expenses$528$298$4,641$5,467
Advertising-$5,179-$5,179
Information Technology$1,759$1,177-$2,936
Total Functional Expenses$379,572$281,652$64,222$725,446

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,103,871
Expenses per Audited Statements$725,446
Total Expenses per Form 990$725,446
Expenses Not Reported on Form 990$378,425
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 2

Several board members are employees of baylor university or serve on the baylor board of regents. Dr. Linda livingstone is baylor's president. Maxey parrish is senior lecturer:journalism,public relations & news media, dr. Benjamin kelly is professor of mechanical engineering, lori fogelman is the assistant vice president for media relations & crisis communications, jason cook is vice president for marketing and communications & chief marketing officer, dave rosselli is vice president for advancement, pattie orr was vp of it and dean of libraries prior to her retirement during this fiscal year,lois ferguson was the commencement manager prior to her retirement during this fiscal year, and kim stevens serves as a baylor university regent.

Form 990, Part VI, Section A, Line 6

Baylor university is the sole member of brazos valley public broadcasting foundation, which is organized as a non-profit llc. As such, baylor university elects the board of brazos valley public broadcasting. A resolution of the board of regents of baylor university in december 2016 authorized the president of baylor university to elect the board of brazos valley public broadcasting.

Form 990, Part VI, Section A, Line 7A

As the sole member of brazos valley public broadcasting foundation, baylor university's board of regents elects the board members of brazos valley public broadcasting foundation. The decisions of the board of directors of brazos valley public broadcasting foundation are not subject to the approval of the board of regents of baylor university or anyone else.

Form 990, Part VI, Section A, Line 7B

Brazos valley public broadcasting is organized as a limited liability company. Baylor university, a 501(c)(3) educational institution, is the sole member of the llc. As such, baylor university's board of regents have the power to override any decision of the board of directors of brazos valley public broadcasting; however, as a practical matter, the board of directors of brazos valley public broadcasting functions independently of baylor's board of regents.

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

An electronic copy of the 990 is reviewed by the board prior to filing.

Form 990, Part VI, Section B, Line 15

When the foundation was formed, a study was performed to evaluate the compensation and benefits of the ceo/executive director of the foundation. The study included comparable market size, station size, managerial responsibilities and a cost of living analysis. The board of directors then voted on the compensation package.

Form 990, Part VI, Section C, Line 19

The foundation keeps its governing documents, policies and financial statements, along with its form 990 at the organization's office. These documents are available to the public for inspection upon request.

PART VII, FORMER OFFICERS' HOURS

Former officers have average hours reported because these individuals were employed during a portion of or for all of the calendar year that fell within the current tax year but not in the role as officers.

Filing and Contact Details

Filer

Filer Name
Brazos Valley Public Broadcasting Fdn
EIN
74-2674611
Phone
2547108789
Address
PO BOX 97296, WACO, TX 76798
Doing Business As
Kwbu-fm

Signing Officer

Name
Joe Riley
Title
President/CEO
Phone
2547103472
Signed
2019-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Riley
Formed
1993
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
6
Volunteers
18

Preparer

Firm
Jaynes Reitmeier Boyd & Therrell Pc
Address
5400 BOSQUE BLVD STE 600, WACO, TX 76710-4459
Preparer
Nancy a Livingston
Phone
2547764190
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Footnote to the financial statements regarding fin 48 disclosures: (i) income taxes the foundation recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The foundation is exempt from federal income tax, except on activities unrelated to its exempt purposes, under internal revenue code section 501(c)(3). There was no required provision for income taxes for the years ended may 31, 2018 and 2017.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6234873
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1144121
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12107
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17515555
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1953186
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CORPORATE SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0769124
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01177
IRS990/InformationTechnologyGrp/ProgramServicesAmt01759
IRS990/InformationTechnologyGrp/TotalAmt02936
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0167511
IRS990/LandBldgEquipBasisNetGrp/BOYAmt066025
IRS990/LandBldgEquipBasisNetGrp/EOYAmt053384
IRS990/LandBldgEquipCostOrOtherBssAmt0220895
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SERVE AS AN ESSENTIAL LIFELONG RESOURCE PROVIDING QUALITY RADIO PROGRAMS AND SERVICES FOR THE ENRICHMENT OF THE LIVES OF CENTRAL TEXANS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0572881
IRS990/NetAssetsOrFundBalancesEOYAmt0616559
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012043
IRS990/OccupancyGrp/TotalAmt012043
IRS990/OfficeExpensesGrp/FundraisingAmt04641
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0298
IRS990/OfficeExpensesGrp/ProgramServicesAmt0528
IRS990/OfficeExpensesGrp/TotalAmt05467
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06721
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028495
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010710
IRS990/OtherEmployeeBenefitsGrp/TotalAmt045926
IRS990/OtherExpensesGrp/Desc0CSG UNRESTRICTED EXPENS
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2PROGRAMMING EXPENSE
IRS990/OtherExpensesGrp/Desc3CSG RESTRICTED EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt089
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02406
IRS990/OtherExpensesGrp/ProgramServicesAmt078342
IRS990/OtherExpensesGrp/ProgramServicesAmt160195
IRS990/OtherExpensesGrp/ProgramServicesAmt245510
IRS990/OtherExpensesGrp/ProgramServicesAmt328523
IRS990/OtherExpensesGrp/TotalAmt078342
IRS990/OtherExpensesGrp/TotalAmt162690
IRS990/OtherExpensesGrp/TotalAmt245510
IRS990/OtherExpensesGrp/TotalAmt328523
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025653
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0115361
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036856
IRS990/OtherSalariesAndWagesGrp/TotalAmt0177870
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03089
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014773
IRS990/PayrollTaxesGrp/ProgramServicesAmt06763
IRS990/PayrollTaxesGrp/TotalAmt024625
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039248
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025481
IRS990/PrincipalOfficerNm0JOE RILEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/Desc0PRODUCTION/TELECASTING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0245327
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0245327
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0534810
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0317801
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0251892
IRS990/PYRevenuesLessExpensesAmt077527
IRS990/PYSalariesCompEmpBnftPaidAmt0391374
IRS990/PYTotalExpensesAmt0709175
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0786702
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt043678
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0225376
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0245327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0523797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0531286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0565692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0552001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0681134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02853910
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01022066
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02853910
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0523797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0531286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0565692
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0552001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0681134
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02853910
IRS990ScheduleA/TotalSupportAmt02853910
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0378425
IRS990ScheduleD/DonatedServicesUseFcltsAmt0378425
IRS990ScheduleD/EquipmentGrp/BookValueAmt053384
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0167511
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0220895
IRS990ScheduleD/ExpensesNotReportedAmt0378425
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0725446
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0378425
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0769124
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOOTNOTE TO THE FINANCIAL STATEMENTS REGARDING FIN 48 DISCLOSURES: (I) INCOME TAXES THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX, EXCEPT ON ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSES, UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THERE WAS NO REQUIRED PROVISION FOR INCOME TAXES FOR THE YEARS ENDED MAY 31, 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053384
IRS990ScheduleD/TotalExpensesPerForm990Amt0725446
IRS990ScheduleD/TotalRevenuePerForm990Amt0769124
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01147549
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01103871
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.61$0.48$1.13$0.90$0.93$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.50$1.16$0.77$0.93$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.53$1.32$0.81$0.75$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.51$1.26$0.82$0.75$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.09$1.20$1.02$0.71$0.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.10$0.89$0.91$0.72$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.05$0.70$0.78$0.69$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.06$0.62$0.77$0.73$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.04$0.57$0.79$0.71$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.50$0.76$0.71$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.04$0.45$0.72$0.66$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.38$0.85$0.73$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.03$0.26$0.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.02$0.16$0.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.25$0.09$0.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$1.23$1.00$1.97