Civic Intelligence

Kipp Lynn Fund Inc.

990 • Fiscal year 2018 • EIN 74-3153091

Jul 01, 2017 to Jun 30, 2018 • Filed on May 09, 2019

90 High Rock StreetLynn, MA 01902-1204

(781) 598-1609

Siviq Scores

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

Liabilities / Assets

81st percentile

0.67x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

5.65x

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

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

94th percentile

42%

Faster asset growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

437%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$40,624,244

Up $11,950,463 (+42%) from 2017

Net Assets

Up

$13,587,006

Up $9,162,776 (+207%) from 2017

Liabilities

Up

$27,037,238

Up $2,787,687 (+11%) from 2017

Revenue

Up

$4,783,281

Up $3,893,077 (+437%) from 2017

Expenses

Up

$1,568,345

Up $680,929 (+77%) from 2017

Net Income

Up

$3,214,936

Up $3,212,148 (+115213%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $2,100,952Liabilities 2010: $59,475Net Assets 2010: $2,041,4772010Assets 2011: $22,364,794Liabilities 2011: $18,680,652Net Assets 2011: $3,684,1422011Assets 2012: $24,182,147Liabilities 2012: $18,379,515Net Assets 2012: $5,802,6322012Assets 2013: $24,781,208Liabilities 2013: $19,402,478Net Assets 2013: $5,378,7302013Assets 2014: $23,735,917Liabilities 2014: $18,237,323Net Assets 2014: $5,498,5942014Assets 2015: $24,505,402Liabilities 2015: $21,271,261Net Assets 2015: $3,234,1412015Assets 2016: $23,308,494Liabilities 2016: $18,612,027Net Assets 2016: $4,696,4672016Assets 2017: $28,673,781Liabilities 2017: $24,249,551Net Assets 2017: $4,424,2302017Assets 2018: $40,624,244Liabilities 2018: $27,037,238Net Assets 2018: $13,587,0062018Assets 2019: $50,533,574Liabilities 2019: $46,661,591Net Assets 2019: $3,871,9832019Assets 2020: $81,592,630Liabilities 2020: $80,396,165Net Assets 2020: $1,196,4652020Assets 2021: $79,635,466Liabilities 2021: $76,692,529Net Assets 2021: $2,942,9372021Assets 2022: $79,212,630Liabilities 2022: $76,186,025Net Assets 2022: $3,026,6052022Assets 2023: $77,229,294Liabilities 2023: $74,247,146Net Assets 2023: $2,982,1482023Assets 2024: $75,294,419Liabilities 2024: $72,339,546Net Assets 2024: $2,954,8732024

Highlighted filing

2018

Assets$40,624,244
Liabilities$27,037,238
Net Assets$13,587,006

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $287,1392010Expenses 2011: $376,2252011Revenue 2012: $3,544,134Expenses 2012: $1,425,644Net Income 2012: $2,118,4902012Revenue 2013: $3,280,974Expenses 2013: $3,704,876Net Income 2013: -$423,9022013Revenue 2014: $2,601,312Expenses 2014: $2,164,170Net Income 2014: $437,1422014Revenue 2015: $1,297,146Expenses 2015: $3,561,599Net Income 2015: -$2,264,4532015Revenue 2016: $2,084,727Expenses 2016: $622,401Net Income 2016: $1,462,3262016Revenue 2017: $890,204Expenses 2017: $887,416Net Income 2017: $2,7882017Revenue 2018: $4,783,281Expenses 2018: $1,568,345Net Income 2018: $3,214,9362018Revenue 2019: $1,270,866Expenses 2019: $784,493Net Income 2019: $486,3732019Revenue 2020: $2,758,361Expenses 2020: $2,805,698Net Income 2020: -$47,3372020Revenue 2021: $3,076,776Expenses 2021: $3,006,324Net Income 2021: $70,4522021Revenue 2022: $3,007,683Expenses 2022: $3,595,131Net Income 2022: -$587,4482022Revenue 2023: $2,801,718Expenses 2023: $2,846,175Net Income 2023: -$44,4572023Revenue 2024: $2,790,877Expenses 2024: $2,818,152Net Income 2024: -$27,2752024

Highlighted filing

2018

Revenue$4,783,281
Expenses$1,568,345
Net Income$3,214,936
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2017v2.3
Gross Receipts
$4,783,281
Mission and Program Overview

Mission

To promote the financial well-being of kipp academy lynn public charter school and kipp massachusetts, inc. By soliciting, receiving and administering funds for construction, operation and maintenance of the school, and to support the continued education of alumni of the school.

Support kipp academy lynn public charter school and kipp massachusetts, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$20,743,342$32,817,268▲ $12,073,926
Land, Buildings, and Equipment, Net$4,735,066$7,341,983▲ $2,606,917
Savings and Temporary Cash Investments$2,218,273--
Cash and Non-Interest-Bearing Accounts$775,460$234,211▼ $541,249
Pledges and Grants Receivable$297,025$200,000▼ $97,025
Accounts Receivable$81,445$30,782▼ $50,663
Total Assets$28,673,781$40,624,244▲ $11,950,463
Other Assets Total$-176,830$0▲ $176,830
Liabilities
Tax Exempt Bond Liabilities$22,685,837$23,455,280▲ $769,443
Accounts Payable and Accrued Expenses$1,288,689$2,175,573▲ $886,884
Other Liabilities$275,025$1,406,385▲ $1,131,360
Total Liabilities$24,249,551$27,037,238▲ $2,787,687
Net Assets / Fund Balance
Unrestricted Net Assets$3,875,565$13,387,006▲ $9,511,441
Temporarily Rstr Net Assets$548,665$200,000▼ $348,665
Total Net Assets Fund Balance$4,424,230$13,587,006▲ $9,162,776
Total Liabilities and Net Assets / Fund Balance$28,673,781$40,624,244▲ $11,950,463

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,341,983-$7,341,983
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron HutterPresident
David ParmeleTreasurer, Vice President
Natasha Megie-maddreyBOARD MEMBERS; CLERK STARTING JUNE 1, 2018
Leslie GouldClerk, Left June 1, 2018

Highest Paid Contractors

ContractorServicesLocationCompensation
WtrichConstruction29 CRAFTS ST STE 300, Newton, MA 02458$4,537,943
ArrowstreetArchitects10 POST OFFICE SQ STE 700N, Boston, MA 02109$727,151
SkanskaConstruction101 SEAPORT BLVD, Boston, MA 02110$102,334
Revenue and Support

Revenue Composition

Contributions and Grants
$3,750,000
Program Service Revenue
$0
Investment Income
$1,033,281
Other Revenue
$0
Change in Net Assets
$3,214,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,219,680
Grants and Similar Amounts Paid$348,665
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$750,621--$750,621
Grants to Domestic Orgs$348,665--$348,665
Other Expenses-$250-$250
Total Functional Expenses$1,099,286$469,059$0$1,568,345
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kipp Academy Lynn Public Charter SchoolLynn, MAGovernmental UnitFunding General Operations of the Charter School$348,665
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
Interest Rate Swap Liability$811,327
Due to Kipp Academy Lynn Public Charter School$587,558
Due to Kipp Massachusetts, Inc.$7,500

Bond Issues

BondIssuerIssuedIssue PricePurpose
CMdfa Revenue Bonds Series 20182018-06-14$25,450,000TO FUND CAPITAL PROJECTS
AMdfa Revenue Bonds Series 2015a2015-04-24$17,720,000To refinance existing bonds and other
BMdfa Revenue Bonds Series 20162016-12-15$5,700,000TO FUND CAPITAL PROJECTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$25,450,000--$435,817
A$17,720,000$17,520,331-$199,669
B$5,700,000--$124,696

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Kipp massachusetts, inc. (see schedule r) is the sole member of the organization.

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

The sole member of the organization elects the organization's trustees. The organization and its member share a common board.

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

All members of the board of trustees receive a copy of the 990 and review it before it is submitted.

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

Each trustee provides the board with annual written disclosure of any conflicts of interest. These disclosures are reviewed and monitored by the board president.

Form 990, Part VI, Section B, Line 15

The organization does not currently have or compensate any employees.

Form 990, Part VI, Section C, Line 19

These items are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kipp Lynn Fund Inc
EIN
74-3153091
Phone
7815981609
Address
90 HIGH ROCK STREET, LYNN, MA 01902-1204

Signing Officer

Name
Stephen Pizzimenti
Title
CFO
Phone
7815981609
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Pizzimenti
Formed
2004
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Alexander Aronson Finning & Co Pc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Yevgeniya Gorlovsky-schepp CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Losses on interest rate swap agreement -536,302. Combination of chase investment fund and transfer of ownership of 90hr llc 6,484,142.

FORM 990, PART XII, LINE 2C:

The board of trustees assumes oversight for the audit. This process has not changed since the prior year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBERS; CLERK STARTING JUNE 1, 2018
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER, VICE PRESIDENT
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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02218273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03750000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01191240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0435712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01743613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07120565
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01033281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0890204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0893487
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0861434
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0857699
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04536105
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60600
IRS990ScheduleA/PublicSupportPY170Pct00.56380
IRS990ScheduleA/PublicSupportTotal170Amt07063698
IRS990ScheduleA/SubstantialContributorsTotAmt056867
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03750000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01191240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0435712
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01743613
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07120565
IRS990ScheduleA/TotalSupportAmt011656670
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt07341983
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07341983
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0811327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2587558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST RATE SWAP LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO KIPP MASSACHUSETTS, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07341983
IRS990ScheduleD/TotalLiabilityAmt01406385
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0348665
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENTAL UNIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING GENERAL OPERATIONS OF THE CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KIPP ACADEMY LYNN PUBLIC CHARTER SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0341985317
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt090 HIGH ROCK STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LYNN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001902
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A WRITTEN REQUEST IS RECEIVED FROM THE SCHOOL THAT EXPLAINS HOW THE REQUESTED FUNDS WILL BE USED. THE BOARD OF TRUSTEES APPROVES THE GRANTS MADE TO THE SCHOOL. THE BOARD OF TRUSTEES RECEIVES UPDATES OF HOW THE FUNDING IS BEING USED THROUGH EMAIL COMMUNICATION AND ON THE BOARD OF TRUSTEES' CONFERENCE CALLS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd11
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd21
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd21
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt0CITIZENS BANK
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt1CITIZENS BANK
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd21
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd20
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct020.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct18.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd21
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-04-24
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12016-12-15
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt22018-06-14
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN2043431814
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt017720000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15700000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt225450000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MDFA REVENUE BONDS SERIES 2015A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1MDFA REVENUE BONDS SERIES 2016
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt2MDFA REVENUE BONDS SERIES 2018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO REFINANCE EXISTING BONDS AND OTHER
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1TO FUND CAPITAL PROJECTS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc2TO FUND CAPITAL PROJECTS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd20
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd20
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd20
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd20
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd20
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd20
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd20
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd21
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd20
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt05575304
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt1818851
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd20
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd20
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0199669
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1124696
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt2435817
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt017520331
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02012
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr12017
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt017720000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt15700000

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$75.3$72.3$2.95$2.79$2.82$0.03
2023Detailed filing. Detailed filing data is available for this year.$77.2$74.2$2.98$2.80$2.85$0.04
2022Detailed filing. Detailed filing data is available for this year.$79.2$76.2$3.03$3.01$3.60$0.59
2021Detailed filing. Detailed filing data is available for this year.$79.6$76.7$2.94$3.08$3.01$0.07
2020Detailed filing. Detailed filing data is available for this year.$81.6$80.4$1.20$2.76$2.81$0.05
2019Detailed filing. Detailed filing data is available for this year.$50.5$46.7$3.87$1.27$0.78$0.49
2018Detailed filing. Detailed filing data is available for this year.$40.6$27.0$13.6$4.78$1.57$3.21
2017Detailed filing. Detailed filing data is available for this year.$28.7$24.2$4.42$0.89$0.89$0.00
2016Detailed filing. Detailed filing data is available for this year.$23.3$18.6$4.70$2.08$0.62$1.46
2015Detailed filing. Detailed filing data is available for this year.$24.5$21.3$3.23$1.30$3.56$2.26
2014Summary only. Only limited summary data is available for this year.$23.7$18.2$5.50$2.60$2.16$0.44
2013Summary only. Only limited summary data is available for this year.$24.8$19.4$5.38$3.28$3.70$0.42
2012Summary only. Only limited summary data is available for this year.$24.2$18.4$5.80$3.54$1.43$2.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$18.7$3.68$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.06$2.04$0.29