Civic Intelligence

Wilmington Education Organization

990 • Fiscal year 2020 • EIN 81-4262635

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 04, 2021

Organization Profilecoastalprep.cfacademy.school
1135 Pandion DriveWilmington, NC 28411

(910) 839-0012

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.07x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

5.04x

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

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Net Margin

5th percentile

-55%

Higher net margin than 5% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

30th percentile

$95,498

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Asset Growth

100th percentile

1607%

Faster asset growth than 100% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-5.4%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$23,546,004

Up $22,166,534 (+1607%) from 2019

Net Assets

Down

-$1,759,496

Down $2,973,102 (-245%) from 2019

Liabilities

Up

$25,305,500

Up $25,139,636 (+15157%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin5th percentile

Revenue

Down

$5,017,331

Down $286,988 (-5.4%) from 2019

Expenses

Up

$7,768,099

Up $3,167,264 (+69%) from 2019

Net Income

Down

-$2,750,768

Down $3,454,252 (-491%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30M$20M$10M$0-$10MAssets 2018: $591,077Liabilities 2018: $80,955Net Assets 2018: $510,1222018Assets 2019: $1,379,470Liabilities 2019: $165,864Net Assets 2019: $1,213,6062019Assets 2020: $23,546,004Liabilities 2020: $25,305,500Net Assets 2020: -$1,759,4962020Assets 2021: $22,607,631Liabilities 2021: $24,645,000Net Assets 2021: -$2,037,3692021Assets 2022: $22,686,310Liabilities 2022: $24,655,982Net Assets 2022: -$1,969,6722022Assets 2023: $22,290,169Liabilities 2023: $24,656,927Net Assets 2023: -$2,366,7582023Assets 2024: $21,965,787Liabilities 2024: $24,221,581Net Assets 2024: -$2,255,7942024

Highlighted filing

2020

Assets$23,546,004
Liabilities$25,305,500
Net Assets-$1,759,496
Open 2020 Filing

Operations Trend

Revenue Growth29th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2018: $3,910,858Expenses 2018: $3,371,941Net Income 2018: $538,9172018Revenue 2019: $5,304,319Expenses 2019: $4,600,835Net Income 2019: $703,4842019Revenue 2020: $5,017,331Expenses 2020: $7,768,099Net Income 2020: -$2,750,7682020Revenue 2021: $6,972,055Expenses 2021: $7,249,928Net Income 2021: -$277,8732021Revenue 2022: $9,173,831Expenses 2022: $9,106,134Net Income 2022: $67,6972022Revenue 2023: $11,008,508Expenses 2023: $11,405,594Net Income 2023: -$397,0862023Revenue 2024: $11,682,516Expenses 2024: $11,571,552Net Income 2024: $110,9642024

Highlighted filing

2020

Revenue$5,017,331
Expenses$7,768,099
Net Income-$2,750,768
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 4, 2021
Return Version
2019v5.0
Gross Receipts
$5,017,331
Mission and Program Overview

Mission

Wilmington Education Organization, dba Coastal Preparatory Academy, is a Challenge Foundation Academy (CPA-CFA)-- a public K-8 charter school located in New Hanover County. CPA-CFA is a tuition-free public charter school open to all residents of North Carolina.

Public K-8 charter school located in New Hanover County, providing tuition-free education to the public and open to all residents of North Carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$272,334$18,281,815▲ $18,009,481
Savings and Temporary Cash Investments-$3,770,665-
Cash and Non-Interest-Bearing Accounts$923,321$1,218,523▲ $295,202
Accounts Receivable$162,000$260,102▲ $98,102
Prepaid Expenses and Deferred Charges$21,815$14,899▼ $6,916
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,379,470$23,546,004▲ $22,166,534
Other Assets Total-$0-
Liabilities
Tax Exempt Bond Liabilities-$23,840,000-
Unsecured Notes Loans Payable$50,000$1,387,300▲ $1,337,300
Accounts Payable and Accrued Expenses$115,864$68,367▼ $47,497
Deferred Revenue-$9,833-
Total Liabilities$165,864$25,305,500▲ $25,139,636
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,213,606$-1,759,496▼ $2,973,102
Total Net Assets Fund Balance$1,213,606$-1,759,496▼ $2,973,102
Total Liabilities and Net Assets / Fund Balance$1,379,470$23,546,004▲ $22,166,534

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,033,447$211,407$8,244,854
Leasehold Improvements$6,425,368-$6,425,368
Land$3,823,000-$3,823,000
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jamie GetzHead of SchoolFT$86,817$8,681$95,498
Kirk BrozyHead of SchoolFT$47,311$4,731$52,042

Board Members and Trustees

NameTitle
Christopher MillisChairman
Dan MysiukVice Chair
Christie SmithDirector
Crystal ScillitaniDirector
Meredith KnowlesDirector
Karen GaskillSecretary
Angel MajorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$64,812
Program Service Revenue
$4,896,544
Investment Income
$55,975
Other Revenue
$0
All Other Contributions
$204
Change in Net Assets
$-2,750,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,017,331
Revenue Not Reported on Form 990
$-286,942
Total Revenue per Audited Statements
$4,730,389
Total Revenue per Form 990
$5,017,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,399,850
Salaries, Compensation, and Employee Benefits$3,368,249
Total Fundraising Expense$119,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,310,220$223,838-$2,534,058
Interest$1,197,062--$1,197,062
Occupancy$696,823--$696,823
Fees for Services Other$283,958$97,652-$381,610
Other Employee Benefits$260,794$44,888-$305,682
Payroll Taxes$186,351$32,075-$218,426
Depreciation Depletion$211,407--$211,407
Current Officers, Directors, Trustees, and Key Employees-$173,796-$173,796
Pension Plan Contributions$116,274$20,013-$136,287
Advertising--$119,499$119,499
Fees for Services Legal-$91,997-$91,997
Insurance$77,042--$77,042
Fees for Services Accounting-$66,150-$66,150
Other Expenses$47,535--$47,535
All Other Expenses$18,005--$18,005
Total Functional Expenses$6,898,191$750,409$119,499$7,768,099

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,768,099
Total Expenses per Audited Statements$7,768,099
Total Expenses per Form 990$7,768,099
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2019-07-31$21,480,000School Construction
BPublic Finance Authority2020-03-17$2,360,000Building Construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$21,480,000$48,531-$429,598
B$2,360,000--$47,198

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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is prepared by an independent CPA and reviewed by the president and treasurer. Other board members are notified of its availability for review.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“New board members are made aware of their duty to disclose any potential conflicts to the president as soon as they arise. Annually, the board is reminded of its duty to assess and disclose potential conflicts of interest.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation is evaluated by the personnel and finance committees of the board and wage rates are recommended to the board for approval.The Head of School's salary is compared to various objective data points (e.g. wage scales provided by the NC Department of Education) to ensure reasonableness of compensation.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“See above.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Form 990 is available at guidestar.org or upon request from the School.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents and other information is available to the public in accordance with North Carolina law upon request of the School.”

Filing and Contact Details

Filer

Filer Name
Wilmington Education Organization
EIN
81-4262635
Phone
9108390012
Address
1135 Pandion Drive, Wilmington, NC 28411

Signing Officer

Name
Christopher Millis
Title
Secretary
Signed
2021-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Mysiuk
Formed
2014
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
86
Volunteers
200

Preparer

Firm
Bearmancpa Pllc
Address
124 Cavalier Dr, WILMINGTON, NC 28403
Preparer
Nigel Bearman
Phone
9105080630
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Loss on lease termination = -$272334”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Proceeds from forgiveness of debt = $50000”

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IRS990/Desc0The School opened its doors in the Fall 2017 and successfully completed its third year of operations in 2019/20. It enrolled 720 students in September 2020, up from 560 students in 2019/20. During 19/20, the School borrowed almost $25 million through two bond offerings in order to purchase the School's formerly leased facilities and to construct a middle school building, purchase land for future use, and make a variety of improvements to the school's grounds.In grades K-8, Coastal Preparatory Academy offers a curriculum that integrates the Core Knowledge Sequence and the North Carolina Standard Course of Studies. Each year in the Core Knowledge Sequence, students gain a rigorous grounding in the language arts, history and geography, mathematics, science, music, and art. All K-8 classes have fully integrated the Core Knowledge Sequence, Singapore Math and the North Carolina Standard Course of Studies.Along with academics, students who attend the School are expected to develop character building skills that allow them to demonstrate their potential. Students learn character development through the school culture and interaction with peers, teachers, administration, and community members.
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IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Wilmington Education Organization, dba Coastal Preparatory Academy, is a Challenge Foundation Academy (CPA-CFA)-- a public K-8 charter school located in New Hanover County. CPA-CFA is a tuition-free public charter school open to all residents of North Carolina.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01213606
IRS990/NetAssetsOrFundBalancesEOYAmt0-1759496
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01213606
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1759496
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0696823
IRS990/OccupancyGrp/TotalAmt0696823
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-222334
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044888
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0260794
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0305682
IRS990/OtherExpensesGrp/Desc0Bond Issuance Costs
IRS990/OtherExpensesGrp/Desc1Curriculum, Equip, Technology
IRS990/OtherExpensesGrp/Desc2Lease Termination
IRS990/OtherExpensesGrp/Desc3Parents Clubs Extracurricular
IRS990/OtherExpensesGrp/ProgramServicesAmt01045753
IRS990/OtherExpensesGrp/ProgramServicesAmt1362967
IRS990/OtherExpensesGrp/ProgramServicesAmt284000
IRS990/OtherExpensesGrp/ProgramServicesAmt347535
IRS990/OtherExpensesGrp/TotalAmt01045753
IRS990/OtherExpensesGrp/TotalAmt1362967
IRS990/OtherExpensesGrp/TotalAmt284000
IRS990/OtherExpensesGrp/TotalAmt347535
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0223838
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02310220
IRS990/OtherSalariesAndWagesGrp/TotalAmt02534058
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032075
IRS990/PayrollTaxesGrp/ProgramServicesAmt0186351
IRS990/PayrollTaxesGrp/TotalAmt0218426
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020013
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0116274
IRS990/PensionPlanContributionsGrp/TotalAmt0136287
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021815
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014899
IRS990/PrincipalOfficerNm0Dan Mysiuk
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0County Appropriations
IRS990/ProgramServiceRevenueGrp/Desc1Other Program Services
IRS990/ProgramServiceRevenueGrp/Desc2State Appropriations
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01376866
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1106467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23413211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01376866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1106467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23413211
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt068265
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01965763
IRS990/PYProgramServiceRevenueAmt05236054
IRS990/PYRevenuesLessExpensesAmt0703484
IRS990/PYSalariesCompEmpBnftPaidAmt02635072
IRS990/PYTotalExpensesAmt04600835
IRS990/PYTotalRevenueAmt05304319
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2750768
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04896544
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03770665
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08033447
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0211407
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08244854
IRS990ScheduleD/ExpensesSubtotalAmt07768099
IRS990ScheduleD/LandGrp/BookValueAmt03823000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03823000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06425368
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06425368
IRS990ScheduleD/OtherRevenueAmt0-286942
IRS990ScheduleD/RevenueNotReportedAmt0-286942
IRS990ScheduleD/RevenueSubtotalAmt05017331
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018281815
IRS990ScheduleD/TotalExpensesPerForm990Amt07768099
IRS990ScheduleD/TotalRevenuePerForm990Amt05017331
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04730389
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07768099
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-07-31
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12020-03-17
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN1273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum074442EEQ9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum174442EFC9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt021480000

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,546,004
Liabilities
$25,305,500
Net assets
-$1,759,496
Revenue
$5,017,331
Expenses
$7,768,099
Net income
-$2,750,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.0$24.2$2.26$11.7$11.6$0.11
2023Detailed filing. Detailed filing data is available for this year.$22.3$24.7$2.37$11.0$11.4$0.40
2022Detailed filing. Detailed filing data is available for this year.$22.7$24.7$1.97$9.17$9.11$0.07
2021Detailed filing. Detailed filing data is available for this year.$22.6$24.6$2.04$6.97$7.25$0.28
2020Detailed filing. Detailed filing data is available for this year.$23.5$25.3$1.76$5.02$7.77$2.75
2019Detailed filing. Detailed filing data is available for this year.$1.38$0.17$1.21$5.30$4.60$0.70
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.08$0.51$3.91$3.37$0.54