Civic Intelligence

Executive Education Academy Charter School Foundation

990 • Fiscal year 2023 • EIN 81-4137987

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 07, 2024

Organization ProfileN/A
555 Union BoulevardAllentown, PA 18109

(610) 841-7044

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

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

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

252.39x

Higher debt load relative to revenue than 100% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

83rd percentile

24%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-53%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$53,719,995

Up $10,303,255 (+24%) from 2022

Net Assets

Up

-$79,084

Up $111,318 (+58%) from 2022

Liabilities

Up

$53,799,079

Up $10,191,937 (+23%) from 2022

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin92nd percentile

Revenue

Down

$213,159

Down $239,148 (-53%) from 2022

Expenses

Up

$101,841

Up $6,660 (+7.0%) from 2022

Net Income

Down

$111,318

Down $245,808 (-69%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$60M$40M$20M$0-$20MAssets 2016: $1Liabilities 2016: $02016Assets 2017: $78,562Liabilities 2017: $76,0582017Assets 2018: $43,498,595Liabilities 2018: $43,774,972Net Assets 2018: -$276,3772018Assets 2019: $43,233,576Liabilities 2019: $43,541,736Net Assets 2019: -$308,1602019Assets 2020: $42,942,906Liabilities 2020: $43,143,947Net Assets 2020: -$201,0412020Assets 2021: $42,216,008Liabilities 2021: $42,763,532Net Assets 2021: -$547,5242021Assets 2022: $43,416,740Liabilities 2022: $43,607,142Net Assets 2022: -$190,4022022Assets 2023: $53,719,995Liabilities 2023: $53,799,079Net Assets 2023: -$79,0842023Assets 2024: $53,128,170Liabilities 2024: $52,640,184Net Assets 2024: $487,9862024

Highlighted filing

2023

Assets$53,719,995
Liabilities$53,799,079
Net Assets-$79,084
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $21,000Expenses 2017: $18,496Net Income 2017: $2,5042017Revenue 2018: -$248,988Expenses 2018: $29,893Net Income 2018: -$278,8812018Revenue 2019: $44,690Expenses 2019: $76,473Net Income 2019: -$31,7832019Revenue 2020: $186,889Expenses 2020: $79,770Net Income 2020: $107,1192020Revenue 2021: -$281,284Expenses 2021: $65,199Net Income 2021: -$346,4832021Revenue 2022: $452,307Expenses 2022: $95,181Net Income 2022: $357,1262022Revenue 2023: $213,159Expenses 2023: $101,841Net Income 2023: $111,3182023Revenue 2024: $705,149Expenses 2024: $138,080Net Income 2024: $567,0692024

Highlighted filing

2023

Revenue$213,159
Expenses$101,841
Net Income$111,318
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 7, 2024
Return Version
2022v5.0
Gross Receipts
$5,673,373
Mission and Program Overview

Mission

To review program ideas and make gifts and grants to the executive education academy charter school, and to the individual departments, teachers, students, and student groups to further the mission of the executive education academy charter school and the foundation; and to receive donations from donors who wish to sponsor projects at eeacs and its individual departments, teachers, students, and student groups, to further the purpose of the foundation and executive education academy charter school. The foundation will promote,enhance, and supplement educational programs, including extracurricular activities, for the benefit of executive education academy charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$36,918,869$36,627,124▼ $291,745
Cash and Non-Interest-Bearing Accounts$5,626,692$12,029,065▲ $6,402,373
Intangible Assets$714,441$1,079,224▲ $364,783
Accounts Receivable$123,238$94,225▼ $29,013
Total Assets$43,416,740$53,719,995▲ $10,303,255
Other Assets Total$33,500$3,890,357▲ $3,856,857
Liabilities
Tax Exempt Bond Liabilities$34,810,000$43,580,000▲ $8,770,000
Other Liabilities$6,872,886$6,292,474▼ $580,412
Accounts Payable and Accrued Expenses$1,886,256$3,887,980▲ $2,001,724
Deferred Revenue$38,000$38,625▲ $625
Total Liabilities$43,607,142$53,799,079▲ $10,191,937
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-190,402$-79,084▲ $111,318
Total Net Assets Fund Balance$-190,402$-79,084▲ $111,318
Total Liabilities and Net Assets / Fund Balance$43,416,740$53,719,995▲ $10,303,255

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$29,014,124$3,532,430-
Land$7,613,000--
Other Assets Org$3,890,357--
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Gabriel RendonBoard Member
Jack DaddonaBoard Member
Keith FlickingerBoard Member
Michael MccrearyBoard Member
Robert BuckleyBoard Member
Robert LysekBoard Presid
Selma Abi-daherBoard Secret
Kim BjorkmanSec. to Boar
Barry DobilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,356
Program Service Revenue
$500
Investment Income
$371,430
Other Revenue
$-163,127
All Other Contributions
$4,356
Change in Net Assets
$111,318

Audited Revenue Reconciliation

Revenue per Audited Statements
$213,159
Total Revenue per Audited Statements
$213,159
Total Revenue per Form 990
$213,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$101,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$350$46,875-$47,225
Fees for Services Legal-$34,675-$34,675
Fees for Services Accounting-$12,050-$12,050
Other Expenses-$7,891-$7,891
Total Functional Expenses$350$101,491$0$101,841

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$101,841
Total Expenses per Audited Statements$101,841
Total Expenses per Form 990$101,841
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,805
Fundraising Direct Expenses$13,687
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$25,805$25,805$13,687$12,118
Total Events$25,805$25,805$13,687$12,118
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 Rev Bonds - Series B of 2017$4,585,000
Qnb Mortgage Payable$981,840
Security Deposits$725,634

Bond Issues

BondIssuerIssuedIssue PricePurpose
CAllentown Commercial and Industrial2017-08-09$24,265,000SAME AS A
DAllentown Commercial and Industrial2022-10-03$8,770,000The authority and borrower have entered into the loan and trust agreement pursuant to which the auth
BAllentown Commercial and Industrial2017-08-09$6,675,000SAME AS A
AAllentown Commercial and Industrial2017-08-09$3,870,000The purpose of this limited offering memorandum of the allentown commercial and industrial developme

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$24,265,000---
D$8,770,000---
B$6,675,000---
A$3,870,000---

Bond Financing Compliance

No rebate due
No
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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Executive Education Academy Charter
EIN
81-4137987
Phone
6108417044
Address
555 UNION BOULEVARD, ALLENTOWN, PA 18109

Signing Officer

Name
Robert Lysek
Title
Board President
Phone
2158961413
Signed
2024-01-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Lysek
Formed
2016
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Gorman & Associates Pc
Address
1825 FRANKLIN ST STE B, NORTHAMPTON, PA 18067-1573
Preparer
Robert B Travis CPA
Phone
6102621280
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To review program ideas and make gifts and grants to the executive education academy charter school, and to the individual departments, teachers, students, and student groups to further the mission of the executive education academy charter school and the foundation; and to receive donations from donors who wish to sponsor projects at eeacs and its individual departments, teachers, students, and student groups, to further the purpose of the foundation and executive education academy charter school. The foundation will promote,enhance, and supplement educational programs, including extracurricular activities, for the benefit of executive education academy charter school.”

Form 990, Part IX, Line 11G

“Bank service charges 0 960 0 other professional services 0 45,915 0 scholarships & awards 350 0 0 total 350 46,875 0”

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
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IRS990ScheduleD/ExpensesSubtotalAmt0101841
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt07613000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03890357
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029014124
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03532430
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt032546554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04585000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1981840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2725634
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TAXABLE REV BONDS - SERIES B OF 2017
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1QNB MORTGAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0213159
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036627124
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03890357
IRS990ScheduleD/TotalExpensesPerForm990Amt0101841
IRS990ScheduleD/TotalLiabilityAmt06292474
IRS990ScheduleD/TotalRevenuePerForm990Amt0213159
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0213159
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0101841
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013687
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt025805
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025805
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025805
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012118
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013687
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013687
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IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
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IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ALLENTOWN COMMERCIAL AND INDUSTRIAL THE PURPOSE OF THIS LIMITED OFFERING MEMORANDUM OF THE ALLENTOWN COMMERCIAL AND INDUSTRIAL DEVELOPMENT ATHORITY (THE "AUTHORITY") IS TO FURNISH INFORMATION CONCERNING EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL FOUNDATION (THE "BORROWER"), EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL (THE "SCHOOL") AND THE AUTHORITY'S 34,810,000 TAX-EXEMPT REVENUE BONDS (EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL FOUNDATION PROJECT) SERIES A OF 2017 (THE "SERIES A BONDS") AND 6,865,000 TAXABLE REVENUE BONDS (EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL FOUNDATION PROJECT) SERIES B OF 2017 (THE "SERIES B BONDS- AND TOGETHER WITH THE SERIES A BONDS, THE "BONDS"). THE PROJECT - THE PROCEEDS OF THE BONDS WILL BE LOANED TO THE BORROWER IN ORDER TO FINANCE A PROJECT (THE "PROJECT") CONSISTING OF: (I) THE AQUISITION, RENOVATION AND EQUIPING OF A FACITLITY TO BE USED, IN PART, AS A SCHOOL FACILITY, AND THE CONSTRUCTION OF ADDITIONS OR OTHER CAPITAL EXENDITURES WITH RESPECT TO SUCH FACILITY (THE "FACILITIES"); (II) THE FUNDING OF A DEBT SERVICES RESERVE FUND FOR THE BONDS; (III) THE PAYMENT OF COSTS OF ISSUING THE BONDS. THE PORTION OF THE FACILITIES CONSISTING OF A SCHOOL FACILITY (THE "SCHOOL FACILITY") WILL BE LEASED BY THE BORROWER TO ITS AFFILIATE, EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL, A CHARTER SCHOOL DULY ORGANIZED AND VALIDLY EXISTING UNDER 24 PS 17-1701-A ET SEQ. (THE "SCHOOL") PURSUANT TO A LEASE AGREEMENT DATED AS OF AUGUST 1, 2017 (THE "LEASE") FOR USE AS A PUBLIC CHARTER SCHOOL FOR GRADES K THROUGH 12. CERTAIN PORTIONS OF THE FACILITIES NOT LEASED TO THE SCHOOL WILL BE LEASED TO CERTAIN OTHER ORGANIZATIONS( THE "OTHER TENANTS") PURSUANT TO CERTAIN OTHER INDIVIDUAL LEASES (THE "OTHER LEASES").
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1ALLENTOWN COMMERCIAL AND INDUSTRIAL SAME AS A
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt2ALLENTOWN COMMERCIAL AND INDUSTRIAL SAME AS A
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt3ALLENTOWN COMMERCIAL AND INDUSTRIAL THE AUTHORITY AND BORROWER HAVE ENTERED INTO THE LOAN AND TRUST AGREEMENT PURSUANT TO WHICH THE AUTHORITY IS MAKING A LOAN OF THE PROCEEDS OF THE 2022 BONDS TO THE BORROWER. THE PROCEEDS FROM THE 2022 BONDS, TOGETHER WITH OTHER AVAILABLE FUNDS, WILL BE USED BY THE BORROWER FOR THE PURPOSE OF: (I) MAKING CERTAIN RENOVATIONS AND CONSTRUCTING CERTAIN ADDITIONS TO THE EXECUTIVE EDUCATION ACADEMY CHARTER SCHOOL'S ("SCHOOL") FACILITIES INCLUDING A FIELDHOUSE AND FLEX SPACE ADDITION AS WELL AS TO OTHERWISE FURNISH AND EQUIP THE SCHOOL'S FACITLITY AT PROPERTY LOCATED AT 555 UNION BOULEVARD, ALLENTOWN, PENNSYLVANIA ("PROPERTY"); (II) THE FUNDING OF A DEBT SERVICE RESERVE FUND; (III) MAKING PROVISION FOR CAPITALIZED INTEREST; AND (IV) THE PAYMENT OF COSTS OF ISSUANCE OF THE 2022 BONDS (COLLECTIVELY, THE "PROJECT"). UNDER THE LOAN AND TRUST AGREEMENT, THE BORROWER IS OBLIGATED TO MAKE PAYMENTS WHICH WILL BE SUFFICIENT TO PAY THE PRINCIPAL OR PREPAYMENT PRICE OF AND INTEREST ON THE 2022 BONDS AS AND WHEN THE SAME BECOME DUE.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc2PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc3PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd2false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-08-09
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12017-08-09
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt22017-08-09
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt32022-10-03
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0232248358
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1232248358
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN2232248358
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN3232248358
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd3D
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03870000
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt224265000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt38770000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0ALLENTOWN COMMERCIAL AND INDUSTRIAL
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1ALLENTOWN COMMERCIAL AND INDUSTRIAL
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt2ALLENTOWN COMMERCIAL AND INDUSTRIAL
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt3ALLENTOWN COMMERCIAL AND INDUSTRIAL
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt0DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt1DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt2DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine2Txt3DEVELOPMENT AUTHORITY
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd2false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd3false
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IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd3false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0THE PURPOSE OF THIS LIMITED OFFERING MEMORANDUM OF THE ALLENTOWN COMMERCIAL AND INDUSTRIAL DEVELOPME
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc1SAME AS A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc2SAME AS A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc3THE AUTHORITY AND BORROWER HAVE ENTERED INTO THE LOAN AND TRUST AGREEMENT PURSUANT TO WHICH THE AUTH
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd2true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd3true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd2false

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,719,995
Liabilities
$53,799,079
Net assets
-$79,084
Revenue
$213,159
Expenses
$101,841
Net income
$111,318
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.1$52.6$0.49$0.71$0.14$0.57
2023Detailed filing. Detailed filing data is available for this year.$53.7$53.8$0.08$0.21$0.10$0.11
2022Detailed filing. Detailed filing data is available for this year.$43.4$43.6$0.19$0.45$0.10$0.36
2021Detailed filing. Detailed filing data is available for this year.$42.2$42.8$0.55$0.28$0.07$0.35
2020Detailed filing. Detailed filing data is available for this year.$42.9$43.1$0.20$0.19$0.08$0.11
2019Detailed filing. Detailed filing data is available for this year.$43.2$43.5$0.31$0.04$0.08$0.03
2018Detailed filing. Detailed filing data is available for this year.$43.5$43.8$0.28$0.25$0.03$0.28
2017Summary only. Only limited summary data is available for this year.$0.08$0.08$0.02$0.02$0.00
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00