Civic Intelligence

Beyond Owners Group Inc.

990 • Fiscal year 2023 • EIN 81-2342449

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 06, 2023

Pmb 218 2600 Willow Street Pike NWillow Street, PA 17584

(717) 341-3957

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.03x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

14.07x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

14th percentile

-14%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

5th percentile

$20,600

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

17th percentile

-2.6%

Faster asset growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

6.4%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Assets

Down

$128,245,313

Down $3,486,199 (-2.6%) from 2022

Net Assets

Down

-$3,962,395

Down $1,338,330 (-51%) from 2022

Liabilities

Down

$132,207,708

Down $2,147,869 (-1.6%) from 2022

Revenue

Up

$9,396,414

Up $569,069 (+6.4%) from 2022

Expenses

Down

$10,734,744

Down $962,702 (-8.2%) from 2022

Net Income

Up

-$1,338,330

Up $1,531,771 (+53%) from 2022

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0-$50MAssets 2019: $74,321,857Liabilities 2019: $73,599,141Net Assets 2019: $722,7162019Assets 2020: $163,003,721Liabilities 2020: $160,936,694Net Assets 2020: $2,067,0272020Assets 2021: $136,741,381Liabilities 2021: $136,495,345Net Assets 2021: $246,0362021Assets 2022: $131,731,512Liabilities 2022: $134,355,577Net Assets 2022: -$2,624,0652022Assets 2023: $128,245,313Liabilities 2023: $132,207,708Net Assets 2023: -$3,962,3952023Assets 2024: $136,593,511Liabilities 2024: $141,804,939Net Assets 2024: -$5,211,4282024Assets 2025: $156,265,714Liabilities 2025: $162,234,366Net Assets 2025: -$5,968,6522025

Highlighted filing

2023

Assets$128,245,313
Liabilities$132,207,708
Net Assets-$3,962,395

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2019: $627,859Expenses 2019: $121,135Net Income 2019: $506,7242019Revenue 2020: $1,642,909Expenses 2020: $399,020Net Income 2020: $1,243,8892020Revenue 2021: $3,687,940Expenses 2021: $5,448,146Net Income 2021: -$1,760,2062021Revenue 2022: $8,827,345Expenses 2022: $11,697,446Net Income 2022: -$2,870,1012022Revenue 2023: $9,396,414Expenses 2023: $10,734,744Net Income 2023: -$1,338,3302023Revenue 2024: $10,487,485Expenses 2024: $11,736,518Net Income 2024: -$1,249,0332024Revenue 2025: $10,287,621Expenses 2025: $11,044,845Net Income 2025: -$757,2242025

Highlighted filing

2023

Revenue$9,396,414
Expenses$10,734,744
Net Income-$1,338,330
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 6, 2023
Return Version
2022v5.0
Gross Receipts
$9,396,414
Mission and Program Overview

Mission

Assisting universities to meet their need for high-quality construction projects by taking on the burden of financing long-term debt, continuing compliance and asset management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$114,274,292$111,228,916▼ $3,045,376
Savings and Temporary Cash Investments$14,007,819$13,374,698▼ $633,121
Accounts Receivable$588,997$894,517▲ $305,520
Prepaid Expenses and Deferred Charges$308,711$343,831▲ $35,120
Cash and Non-Interest-Bearing Accounts$98,795$124,765▲ $25,970
Total Assets$131,731,512$128,245,313▼ $3,486,199
Other Assets Total$2,452,898$2,278,586▼ $174,312
Liabilities
Tax Exempt Bond Liabilities$127,462,932$127,129,160▼ $333,772
Accounts Payable and Accrued Expenses$5,365,782$3,839,580▼ $1,526,202
Other Liabilities$1,526,863$1,238,968▼ $287,895
Total Liabilities$134,355,577$132,207,708▼ $2,147,869
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,624,065$-3,962,395▼ $1,338,330
Total Net Assets Fund Balance$-2,624,065$-3,962,395▼ $1,338,330
Total Liabilities and Net Assets / Fund Balance$131,731,512$128,245,313▼ $3,486,199

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$111,228,916$7,559,659$118,788,575
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Geoffrey BeersPresidentPT$20,600$20,600
Robert SempseyVice President/secretaryPT$20,600$20,600

Board Members and Trustees

NameTitle
James MccollumBoard Member
Minor RedmondBoard Member
Doug ShultzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,992,307
Investment Income
$404,107
Other Revenue
$0
Change in Net Assets
$-1,338,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,690,392
Salaries, Compensation, and Employee Benefits$44,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$5,077,312--$5,077,312
Depreciation Depletion$3,045,376--$3,045,376
Fees for Services Other$1,212,737--$1,212,737
Occupancy$556,576--$556,576
Insurance$513,531--$513,531
Fees for Service Investment Mgmnt Fees$47,557--$47,557
Current Officers, Directors, Trustees, and Key Employees$41,200--$41,200
Fees for Services Accounting-$22,402-$22,402
Other Expenses$19,420--$19,420
Fees for Services Legal$13,592--$13,592
Payroll Taxes$3,152--$3,152
Office Expenses-$2,520-$2,520
Total Functional Expenses$10,709,822$24,922$0$10,734,744
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
Taxable Bond Liability$1,238,968

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2019-02-11$64,222,922CONSTRUCTION FINANCING
BPublic Finance Authority2020-02-11$64,155,508CONSTRUCTION FINANCING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$64,222,922-$528,314$844,449
B$64,155,508-$720,956$807,023

Bond Financing Compliance

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is prepared by an independent accounting firm and is reviewed by the president and vice-president of the board before it is emailed to the board for comment. After the board has reviewed the return, the president ensures it is timely filed. This policy also applies to all the organization's disregarded entities.

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

The conflict of interest policy is reviewed annually and enforced by the board.

Form 990, Part VI, Section B, Line 15

The board of directors meets annually to review the compensation plan. The compensation plan is determined based on the current state of the organization and current jobs.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available for public inspection upon request to the organization.

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

This applies to all the organization's disregarded entities.

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

This applies to all the organization's disregarded entities.

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

This applies to all the organization's disregarded entities.

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

This applies to all the organization's disregarded entities.

Filing and Contact Details

Filer

Filer Name
Beyond Owners Group Inc
EIN
81-2342449
Phone
7173413957
Address
PMB 218 2600 WILLOW STREET PIKE N, WILLOW STREET, PA 17584

Signing Officer

Name
Geoffrey Beers
Title
President
Phone
7173413957
Signed
2023-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoffrey Beers
Formed
2016
Legal Domicile
De
Voting Board Members
5
Independent Board Members
3
Employees
2
Volunteers
5

Preparer

Firm
Rkl Llp
Address
3501 CONCORD ROAD STE 250, YORK, PA 17402
Preparer
Douglas L Berman CPA
Phone
7178433804
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

University provided services: program service expenses 1,212,737. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,212,737.

Form 990, Part XII, Line 2C

The board assumes responsibility for the oversight and review of the organization's audit. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the group, including whether the entities are exempt from income taxes. Management evaluated the tax positions taken and concluded that the group had taken no uncertain tax positions that require recognition or disclosure in the consolidated financial statements. Therefore, no provision or liability for income taxes has been included in the consolidated financial statements for the years ended june 30, 2023 and 2022. With few exceptions, the group is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2020.

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IRS990/ProgSrvcAccomActy2Grp/Desc0CONSTRUCTING AND OWNING A TWO-PHASE STUDENT HOUSING PROJECT ON THE CAMPUS OF APPALACHIAN STATE UNIVERSITY AND ITS STUDENTS. BUILDING 100 AND THE PARKING DECK WERE COMPLETED FOR FALL 2020 OCCUPANCY. BUILDING 300 WAS COMPLETED FOR FALL 2021 OCCUPANCY. BOTH PHASES ARE OWNED BY BEYOND BOONE, LLC. BOTH PHASES ARE FULLY OCCUPIED.
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt097995
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01500
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt074201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0571419
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0343620
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01410260
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08992307
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08810432
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03878815
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01071490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0247191
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt023000235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0404107
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt074201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0571419
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0343620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01410260
IRS990ScheduleA/InvestmentIncomeCYPct00.05780
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94220
IRS990ScheduleA/PublicSupportTotal509Amt023001735
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08992307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08810432
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01071490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0248691
IRS990ScheduleA/Total509Grp/TotalAmt023001735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09396414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08827345
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03953016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01642909
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0592311
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt024411995
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0111228916
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07559659
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0118788575
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01238968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TAXABLE BOND LIABILITY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE GROUP, INCLUDING WHETHER THE ENTITIES ARE EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE GROUP HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. WITH FEW EXCEPTIONS, THE GROUP IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0111228916
IRS990ScheduleD/TotalLiabilityAmt01238968
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd10
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-02-11
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12020-02-11
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum074439YBX8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum174439YDT5
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt064222922
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt164155508
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1PUBLIC FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION FINANCING
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1CONSTRUCTION FINANCING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusConcerningUBIPct10.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct10.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd10
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct10.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd11
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt053301361
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt156597820
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt05452694
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt14592167
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CreditEnhancementAmt0967499
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CreditEnhancementAmt1840199
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01611639
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt11292506
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0844449
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt1807023
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd10
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0528314
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt1720956
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt064222922
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt164155508
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt02045280
IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt125793
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT AND VICE-PRESIDENT OF THE BOARD BEFORE IT IS EMAILED TO THE BOARD FOR COMMENT. AFTER THE BOARD HAS REVIEWED THE RETURN, THE PRESIDENT ENSURES IT IS TIMELY FILED. THIS POLICY ALSO APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ENFORCED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MEETS ANNUALLY TO REVIEW THE COMPENSATION PLAN. THE COMPENSATION PLAN IS DETERMINED BASED ON THE CURRENT STATE OF THE ORGANIZATION AND CURRENT JOBS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNIVERSITY PROVIDED SERVICES: PROGRAM SERVICE EXPENSES 1,212,737. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,212,737.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT AND REVIEW OF THE ORGANIZATION'S AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES.

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