Civic Intelligence

Oak-Michigan Housing Development Fun Company Inc.

990 • Fiscal year 2017 • EIN 75-3201519

Nov 01, 2016 to Oct 31, 2017 • Filed on Mar 13, 2018

Organization ProfileN/A
818 Michigan AvenueBuffalo, NY 14203

(716) 854-1251

Siviq Scores

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

Liabilities / Assets

98th percentile

2.71x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

5.00x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Net Margin

34th percentile

-38%

Higher net margin than 34% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2017 filings • NTEE L21 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-20%

Faster asset growth than 1% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

7.8%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • NTEE L21 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$3,041,634

Down $781,154 (-20%) from 2016

Net Assets

Down

-$5,204,226

Down $632,688 (-14%) from 2016

Liabilities

Down

$8,245,860

Down $148,466 (-1.8%) from 2016

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin34th percentile

Revenue

Up

$1,648,126

Up $119,907 (+7.8%) from 2016

Expenses

Up

$2,280,814

Up $368,764 (+19%) from 2016

Net Income

Down

-$632,688

Down $248,857 (-65%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $5,162,053Liabilities 2011: $8,685,549Net Assets 2011: -$3,523,4962011Assets 2012: $4,993,901Liabilities 2012: $8,647,849Net Assets 2012: -$3,653,9482012Assets 2013: $4,957,032Liabilities 2013: $8,584,946Net Assets 2013: -$3,627,9142013Assets 2014: $4,524,478Liabilities 2014: $8,348,329Net Assets 2014: -$3,823,8512014Assets 2015: $4,199,317Liabilities 2015: $8,387,024Net Assets 2015: -$4,187,7072015Assets 2016: $3,822,788Liabilities 2016: $8,394,326Net Assets 2016: -$4,571,5382016Assets 2017: $3,041,634Liabilities 2017: $8,245,860Net Assets 2017: -$5,204,2262017Assets 2018: $2,819,124Liabilities 2018: $8,271,710Net Assets 2018: -$5,452,5862018Assets 2019: $2,787,404Liabilities 2019: $8,317,188Net Assets 2019: -$5,529,7842019Assets 2020: $2,703,322Liabilities 2020: $8,311,934Net Assets 2020: -$5,608,6122020Assets 2021: $2,822,054Liabilities 2021: $8,372,267Net Assets 2021: -$5,550,2132021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$3,041,634
Liabilities$8,245,860
Net Assets-$5,204,226
Open 2017 Filing

Operations Trend

Revenue Growth76th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,453,923Expenses 2011: $1,610,991Net Income 2011: -$157,0682011Revenue 2012: $1,548,120Expenses 2012: $1,678,572Net Income 2012: -$130,4522012Expenses 2013: $1,592,6352013Revenue 2014: $1,497,835Expenses 2014: $1,693,772Net Income 2014: -$195,9372014Revenue 2015: $1,522,866Expenses 2015: $1,886,722Net Income 2015: -$363,8562015Revenue 2016: $1,528,219Expenses 2016: $1,912,050Net Income 2016: -$383,8312016Revenue 2017: $1,648,126Expenses 2017: $2,280,814Net Income 2017: -$632,6882017Revenue 2018: $1,590,989Expenses 2018: $1,839,349Net Income 2018: -$248,3602018Revenue 2019: $1,654,383Expenses 2019: $1,731,581Net Income 2019: -$77,1982019Revenue 2020: $1,665,392Expenses 2020: $1,744,220Net Income 2020: -$78,8282020Revenue 2021: $1,752,205Expenses 2021: $1,693,806Net Income 2021: $58,3992021Revenue 2022: $5,703,203Expenses 2022: $152,990Net Income 2022: $5,550,2132022

Highlighted filing

2017

Revenue$1,648,126
Expenses$2,280,814
Net Income-$632,688
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2016 to Oct 31, 2017
Signed
Mar 13, 2018
Return Version
2016v3.0
Gross Receipts
$1,648,126
Mission and Program Overview

Mission

To provide housing to persons of low income through the assistance of the u.s. Department of housing and urban development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,244,347$1,847,977▼ $396,370
Cash and Non-Interest-Bearing Accounts$529,909$111,277▼ $418,632
Intangible Assets$108,440--
Prepaid Expenses and Deferred Charges$97,613$101,139▲ $3,526
Accounts Receivable$69,853$40,439▼ $29,414
Savings and Temporary Cash Investments$14$16▲ $2
Total Assets$3,822,788$3,041,634▼ $781,154
Other Assets Total$772,612$940,786▲ $168,174
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,919,935$7,793,426▼ $126,509
Accounts Payable and Accrued Expenses$415,541$400,565▼ $14,976
Other Liabilities$43,837$42,263▼ $1,574
Deferred Revenue$15,013$9,606▼ $5,407
Total Liabilities$8,394,326$8,245,860▼ $148,466
Net Assets / Fund Balance
Unrestricted Net Assets$-4,571,538$-5,204,226▼ $632,688
Total Net Assets Fund Balance$-4,571,538$-5,204,226▼ $632,688
Total Liabilities and Net Assets / Fund Balance$3,822,788$3,041,634▼ $781,154

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,644,518$9,088,771$10,733,289
Equipment$101,984$961,660$1,063,644
Other Land Buildings$26,475$139,583$166,058
Land$75,000-$75,000
Other Assets Org$42,263--
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Deacon Archie MartinCo-chairman
Deacon William E YokleyCo-chairman
Deacon James E GibsonDirector
Gwendolyn VieraDirector
Minister Michael ChapmanDirector
Patricia KingDirector
Lionel DavisSecretary
Rebecca JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,631,053
Investment Income
$436
Other Revenue
$16,637
Change in Net Assets
$-632,688

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,648,126
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,648,126
Total Revenue per Form 990
$1,648,126
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,811,114
Salaries, Compensation, and Employee Benefits$469,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$396,370--$396,370
Other Salaries and Wages$310,640$59,586-$370,226
Interest$202,876--$202,876
Occupancy$173,492--$173,492
Fees for Services Management-$109,732-$109,732
Insurance$83,945--$83,945
Fees for Services Legal-$53,518-$53,518
Other Employee Benefits$44,273$8,492-$52,765
Payroll Taxes$39,191$7,518-$46,709
All Other Expenses$25,079$11,315-$36,394
Other Expenses$34,554$41,153-$34,554
Office Expenses-$30,135-$30,135
Fees for Services Other-$11,025-$11,025
Advertising-$389-$389
Total Functional Expenses$1,947,951$332,863$0$2,280,814

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,280,814
Total Expenses per Audited Statements$2,280,814
Total Expenses per Form 990$2,280,814
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
TENANTS' SECURITY DEPOSITS$42,263
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management duties were performed through belmont management company.”

Form 990, Part VI, Section A, Line 8A

“Board minutes were not maintained for the fiscal year ended october 31, 2017.”

Form 990, Part VI, Section A, Line 8B

“Minutes of the committee meetings of the company were not maintained for the fiscal year ended october 31, 2017.”

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

“Form 990 is reviewed for accuracy and approved by belmont management company, then copies of the return are provided to the board before being signed by the board chairman.”

Form 990, Part VI, Section C, Line 19

“All governing documents and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Oak-michigan Housing Development
EIN
75-3201519
Phone
7168541251
Address
818 MICHIGAN AVENUE, BUFFALO, NY 14203

Signing Officer

Name
Deacon William E Yokley
Title
Co-chairman
Phone
7168541251
Signed
2018-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deacon William E Yokley
Formed
2005
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Efpr Group Cpas Pllc
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
JOHN T O'BRIEN
Phone
7166340700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes have taken place during the year ended october 31, 2017.”

Financial Statement Notes

PART X, LINE 2:

“The company is exempt from income taxes under section 501(c)(3) of the internal revenue code (the code), therefore, no provision for income taxes is reflected in the financial statements. The company has been classified as a publicly supported company that is not a private foundation under section 509(a) of the code. The company presently discloses or recognizes income tax positions based on management's estimate of whether it is reasonably possible or probable that a liability has been incurred for unrecognized income taxes. Management has concluded that the company has taken no uncertain tax positions that require adjustment in its financial statements. U.s. Forms 990 filed by the company are subject to examination by taxing authorities.”

Raw XML AppendixShowing 400 of 456 raw XML fields

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

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt097613
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0101139
IRS990/PrincipalOfficerNm0DEACON WILLIAM E YOKLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0TENANT ASSISTANCE PAYM
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01205447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1425606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01205447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1425606
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0626
IRS990/PYOtherExpensesAmt01534522
IRS990/PYOtherRevenueAmt08062
IRS990/PYProgramServiceRevenueAmt01519531
IRS990/PYRevenuesLessExpensesAmt0-383831
IRS990/PYSalariesCompEmpBnftPaidAmt0377528
IRS990/PYTotalExpensesAmt01912050
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01528219
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-632688
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01647690
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01101217
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01084983
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01146709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03332909
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0436
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0613
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0746
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0997
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01631453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01527593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0421036
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0399142
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0357656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04336880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0436
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0613
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0746
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0997
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03418
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt07669789
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01631453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01527593
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01522253
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01484125
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01504365
IRS990ScheduleA/Total509Grp/TotalAmt07669789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01631889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01528219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01522866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01484871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01505362
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07673207
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01644518
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09088771
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010733289
IRS990ScheduleD/EquipmentGrp/BookValueAmt0101984
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0961660
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01063644
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02280814
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt075000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt075000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt044109
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1850287
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24127
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt342263
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE INSURANCE PREMIUM ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TAX & INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026475
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0139583
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0166058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANTS' SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01648126
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE COMPANY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED COMPANY THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE COMPANY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE COMPANY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01847977
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0940786
IRS990ScheduleD/TotalExpensesPerForm990Amt02280814
IRS990ScheduleD/TotalLiabilityAmt042263
IRS990ScheduleD/TotalRevenuePerForm990Amt01648126
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01648126
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02280814
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES WERE PERFORMED THROUGH BELMONT MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MINUTES WERE NOT MAINTAINED FOR THE FISCAL YEAR ENDED OCTOBER 31, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MINUTES OF THE COMMITTEE MEETINGS OF THE COMPANY WERE NOT MAINTAINED FOR THE FISCAL YEAR ENDED OCTOBER 31, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED FOR ACCURACY AND APPROVED BY BELMONT MANAGEMENT COMPANY, THEN COPIES OF THE RETURN ARE PROVIDED TO THE BOARD BEFORE BEING SIGNED BY THE BOARD CHAIRMAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES HAVE TAKEN PLACE DURING THE YEAR ENDED OCTOBER 31, 2017.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03822788
IRS990/TotalAssetsEOYAmt03041634
IRS990/TotalAssetsGrp/BOYAmt03822788
IRS990/TotalAssetsGrp/EOYAmt03041634
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0332863
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01947951
IRS990/TotalFunctionalExpensesGrp/TotalAmt02280814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08394326
IRS990/TotalLiabilitiesEOYAmt08245860
IRS990/TotalLiabilitiesGrp/BOYAmt08394326
IRS990/TotalLiabilitiesGrp/EOYAmt08245860
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4571538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-5204226
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01947951
IRS990/TotalProgramServiceRevenueAmt01631053
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0436

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,041,634
Liabilities
$8,245,860
Net assets
-$5,204,226
Revenue
$1,648,126
Expenses
$2,280,814
Net income
-$632,688
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$5.70$0.15$5.55
2021Detailed filing. Detailed filing data is available for this year.$2.82$8.37$5.55$1.75$1.69$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.70$8.31$5.61$1.67$1.74$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.79$8.32$5.53$1.65$1.73$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.82$8.27$5.45$1.59$1.84$0.25
2017Detailed filing. Detailed filing data is available for this year.$3.04$8.25$5.20$1.65$2.28$0.63
2016Detailed filing. Detailed filing data is available for this year.$3.82$8.39$4.57$1.53$1.91$0.38
2015Detailed filing. Detailed filing data is available for this year.$4.20$8.39$4.19$1.52$1.89$0.36
2014Detailed filing. Detailed filing data is available for this year.$4.52$8.35$3.82$1.50$1.69$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.96$8.58$3.63$1.59
2012Summary only. Only limited summary data is available for this year.$4.99$8.65$3.65$1.55$1.68$0.13
2011Summary only. Only limited summary data is available for this year.$5.16$8.69$3.52$1.45$1.61$0.16