Civic Intelligence

Fw Paec Qalicb

EIN 82-1610677 • 501(c)3 • Federal Way, WA

Profile

The corporation is organized and must be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the city of federal way, a municipal corporation of the state of washington ("city of federal way"), which is exempt from federal income tax as an organization described in section 501(c)(1) of the internal revenue code of 1986, as amended.

33325 8th Avenue SouthFederal Way, WA 98003

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.27x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

25.49x

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

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

1st percentile

-245%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

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

501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

22nd percentile

-2.1%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

37th percentile

2.0%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$34,606,244

Down $759,775 (-2.1%) from 2022

Liabilities

Flat

$9,310,000

Flat from 2022

Net Assets

Down

$25,296,244

Down $759,775 (-2.9%) from 2022

Operations
Liabilities / Revenue98th percentileNet Margin1st percentile

Revenue

Up

$365,260

Up $7,160 (+2.0%) from 2022

Expenses

Down

$1,258,532

Down $16,232 (-1.3%) from 2022

Net Income

Up

-$893,272

Up $23,392 (+2.6%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2020: $36,879,810Liabilities 2020: $9,310,000Net Assets 2020: $27,569,8102020Assets 2021: $36,142,026Liabilities 2021: $9,310,000Net Assets 2021: $26,832,0262021Assets 2022: $35,366,019Liabilities 2022: $9,310,000Net Assets 2022: $26,056,0192022Assets 2023: $34,606,244Liabilities 2023: $9,310,000Net Assets 2023: $25,296,2442023

Highlighted filing

2023

Assets$34,606,244
Liabilities$9,310,000
Net Assets$25,296,244
Open 2023 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2020: $344,192Expenses 2020: $1,238,606Net Income 2020: -$894,4142020Revenue 2021: $356,275Expenses 2021: $1,241,740Net Income 2021: -$885,4652021Revenue 2022: $358,100Expenses 2022: $1,274,764Net Income 2022: -$916,6642022Revenue 2023: $365,260Expenses 2023: $1,258,532Net Income 2023: -$893,2722023

Highlighted filing

2023

Revenue$365,260
Expenses$1,258,532
Net Income-$893,272
Open 2023 Filing

Filings

Most recent year

2023 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$34,606,244
Liabilities
$9,310,000
Net assets
$25,296,244
Revenue
$365,260
Expenses
$1,258,532
Net income
-$893,272
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$9.31$25.3$0.37$1.26$0.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$9.31$26.1$0.36$1.27$0.92
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.1$9.31$26.8$0.36$1.24$0.89
2020Summary only. Only limited summary data is available for this year.$36.9$9.31$27.6$0.34$1.24$0.89
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$358,100
Mission and Program Overview

Mission

The corporation is organized and must be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the city of federal way, a municipal corporation of the state of washington ("city of federal way"), which is exempt from federal income tax as an organization described in section 501(c)(1) of the internal revenue code of 1986, as amended.

SEE ATTACHMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,731,652$33,910,703▼ $820,949
Accounts Receivable$718,697$859,354▲ $140,657
Intangible Assets$489,717$470,512▼ $19,205
Cash and Non-Interest-Bearing Accounts$201,000$124,500▼ $76,500
Prepaid Expenses and Deferred Charges$960$950▼ $10
Total Assets$36,142,026$35,366,019▼ $776,007
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,310,000$9,310,000→ $0
Total Liabilities$9,310,000$9,310,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,832,026$26,056,019▼ $776,007
Total Net Assets Fund Balance$26,832,026$26,056,019▼ $776,007
Total Liabilities and Net Assets / Fund Balance$36,142,026$35,366,019▼ $776,007

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,530,504$4,307,453$32,837,957
Land$5,380,199-$5,380,199
Compensation and Service Providers
Top Officer Pay11th percentile

Board Members and Trustees

NameTitle
Steve GroomDirector of Finance
Mary GatesSecretary
Mike ParkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$358,100
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-916,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$358,100
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$140,657
Total Revenue per Audited Statements
$498,757
Total Revenue per Form 990
$358,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$972,362
Grants and Similar Amounts Paid$302,402
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$840,154--$840,154
Grants to Domestic Orgs$302,402--$302,402
Interest$56,698--$56,698
Fees for Services Accounting-$38,000-$38,000
Fees for Services Management$37,500--$37,500
Other Expenses$10--$10
Total Functional Expenses$1,236,764$38,000$0$1,274,764

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,274,764
Total Expenses per Audited Statements$1,274,764
Total Expenses per Form 990$1,274,764
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Federal WayFederal Way, WA501(c)(1)The Purpose of the Grant Is to Support the Developing, Financing, Constructing, Rehabilitating, Managing, Maintaining, and Subleasing of the Property, a Performing Arts and Event Facility.$302,402
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
No

Governance Explanations

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

“There are no committees with authority to act on behalf of the governing body.”

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

“The organization has provided copies of form 990 to all members of its governing body before filing form 990.”

Form 990, Part VI, Section C, Line 18

“The organization is making disclosures public.”

Form 990, Part VI, Section C, Line 19

“The organization is making disclosures available to the public.”

Filing and Contact Details

Filer

Filer Name
Fw Paec Qalicb
EIN
82-1610677
Phone
2538352521
Address
33325 8TH AVENUE SOUTH, FEDERAL WAY, WA 98003

Signing Officer

Name
Steve Groom
Title
President
Phone
2538352521
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Groom
Formed
2017
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
1000 SW BROADWAY SUITE 1680, PORTLAND, OR 97205
Preparer
Nicolo Pinoli
Phone
5038212700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax difference - lease income 140,657.”

FORM 990, PART XII, LINE 2C:

“N/a - there were no changes in the organization's audit oversight process during the year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation has determined whether any tax positions have met the recognition threshold and has measured the corporation's exposure to those tax positions. Management believes that the corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Book/tax difference - lease income 140,657.”

Raw XML AppendixShowing 400 of 405 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt0718697
IRS990/AccountsReceivableGrp/EOYAmt0859354
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SEE ATTACHMENT
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEVE GROOM
IRS990/BooksInCareOfDetail/PhoneNum02538352521
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033325 8TH AVENUE SOUTH
IRS990/BooksInCareOfDetail/USAddress/CityNm0FEDERAL WAY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098003
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0201000
IRS990/CashNonInterestBearingGrp/EOYAmt0124500
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0302402
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0972362
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0358100
IRS990/CYRevenuesLessExpensesAmt0-916664
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01274764
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0358100
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0840154
IRS990/DepreciationDepletionGrp/TotalAmt0840154
IRS990/Desc0FW PAEC QALICB IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE CITY OF FEDERAL WAY, A WASHINGTON MUNICIPAL CORPORATION. FW PAEC QALICB'S PURPOSE IS TO HOLD, IMPROVE, AND LEASE REAL PROPERTY TO THE CITY OF FEDERAL WAY IN FURTHERANCE OF ITS NONPROFIT PURPOSE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01236764
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt038000
IRS990/FeesForServicesAccountingGrp/TotalAmt038000
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt037500
IRS990/FeesForServicesManagementGrp/TotalAmt037500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE GROOM
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY GATES
IRS990/Form990PartVIISectionAGrp/PersonNm2MIKE PARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0302402
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0302402
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0302402
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0358100
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt0489717
IRS990/IntangibleAssetsGrp/EOYAmt0470512
IRS990/InterestGrp/ProgramServicesAmt056698
IRS990/InterestGrp/TotalAmt056698
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04307453
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034731652
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033910703
IRS990/LandBldgEquipCostOrOtherBssAmt038218156
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED AND MUST BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE CITY OF FEDERAL WAY, A MUNICIPAL CORPORATION OF THE STATE OF WASHINGTON ("CITY OF FEDERAL WAY"), WHICH IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09310000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt09310000
IRS990/NetAssetsOrFundBalancesBOYAmt026832026
IRS990/NetAssetsOrFundBalancesEOYAmt026056019
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt026832026
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt026056019
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0140657
IRS990/OtherExpensesGrp/Desc0GROUND LEASE
IRS990/OtherExpensesGrp/ProgramServicesAmt010
IRS990/OtherExpensesGrp/TotalAmt010
IRS990/OtherInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0960
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0950
IRS990/PrincipalOfficerNm0STEVE GROOM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711190
IRS990/ProgramServiceRevenueGrp/Desc0GROSS RENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0358100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0358100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05199
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0295378
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0946362
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0351076
IRS990/PYRevenuesLessExpensesAmt0-885465
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01241740
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0356275
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-916664
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0358100
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION IS IDENTIFIED ON SCHEDULE A, PART I. THE ORGANIZATION HAS THE SAME MISSION AS ITS SUPPORTED ORGANIZATION BY HOLDING, IMPROVING AND LEASING TO THE CITY OF FEDERAL WAY REAL PROPERTY WHICH FACILITATES THE SUPPORTED ORGANIZATION'S MISSION OF BEING RESPONSIVE, INNOVATIVE AND FISCALLY RESPONSIBLE IN DELIVERING QUALITY SERVICES, PROMOTING ECONOMIC DEVELOPMENT, IMPROVING INFRASTRUCTURE, AND MAKING GROWTH.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION'S INVOLVEMENT WITH THE SUPPORT ORGANIZATION IS REQUIRED BY THE NEW MARKETS TAX CREDIT PROGRAM REGULATIONS. THE SUPPORTED ORGANIZATION WOULD HAVE ENGAGED IN THE SAME ACTIVITIES IN ANOTHER MANNER IF NOT FOR THE ROLE OF THE ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0911462550
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0302405
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CITY OF FEDERAL WAY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0302405
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt028530504
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04307453
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt032837957
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01274764
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05380199
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05380199
IRS990ScheduleD/OtherRevenueAmt0140657
IRS990ScheduleD/RevenueNotReportedAmt0140657
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0358100
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE CORPORATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CORPORATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DIFFERENCE - LEASE INCOME 140,657.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033910703
IRS990ScheduleD/TotalExpensesPerForm990Amt01274764
IRS990ScheduleD/TotalRevenuePerForm990Amt0358100
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0498757
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01274764
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0302402
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(1)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE PURPOSE OF THE GRANT IS TO SUPPORT THE DEVELOPING, FINANCING, CONSTRUCTING, REHABILITATING, MANAGING, MAINTAINING, AND SUBLEASING OF THE PROPERTY, A PERFORMING ARTS AND EVENT FACILITY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF FEDERAL WAY
IRS990ScheduleI/RecipientTable/RecipientEIN0911462550
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt033325 8TH AVENUE SOUTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FEDERAL WAY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098003
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CITY OF FEDERAL WAY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1CITY OF FEDERAL WAY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0A DIRECTOR IS DIRECTOR OF THE INTERESTED PERSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1A DIRECTOR IS DIRECTOR OF THE INTERESTED PERSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0GRANT EXPENSE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1IN-KIND CONTRIBUTIONS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS PROVIDED COPIES OF FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS MAKING DISCLOSURES PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS MAKING DISCLOSURES AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK/TAX DIFFERENCE - LEASE INCOME 140,657.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5N/A - THERE WERE NO CHANGES IN THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF FEDERAL WAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0911462550
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUNICIPAL COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt033325 8TH AVENUE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FEDERAL WAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd098003
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0302402
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1358100
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CITY OF FEDERAL WAY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CITY OF FEDERAL WAY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt036142026
IRS990/TotalAssetsEOYAmt035366019
IRS990/TotalAssetsGrp/BOYAmt036142026
IRS990/TotalAssetsGrp/EOYAmt035366019
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01236764
IRS990/TotalFunctionalExpensesGrp/TotalAmt01274764
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09310000
IRS990/TotalLiabilitiesEOYAmt09310000
IRS990/TotalLiabilitiesGrp/BOYAmt09310000
IRS990/TotalLiabilitiesGrp/EOYAmt09310000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt026832026
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026056019
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01236764
IRS990/TotalProgramServiceRevenueAmt0358100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0358100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0358100
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036142026
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035366019
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt033325 8TH AVENUE SOUTH
IRS990/USAddress/CityNm0FEDERAL WAY
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098003
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE GROOM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02538352521
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FW PAEC QALICB
ReturnHeader/Filer/BusinessNameControlTxt0FWPA
ReturnHeader/Filer/EIN0821610677
ReturnHeader/Filer/PhoneNum02538352521
ReturnHeader/Filer/USAddress/AddressLine1Txt033325 8TH AVENUE SOUTH
ReturnHeader/Filer/USAddress/CityNm0FEDERAL WAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098003
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 SW BROADWAY SUITE 1680
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097205
ReturnHeader/PreparerPersonGrp/PhoneNum05038212700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICOLO PINOLI
ReturnHeader/ReturnTs02023-11-15T12:35:45-06:00
ReturnHeader/ReturnTypeCd0990

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