Civic Intelligence

Delaware Prosperity Partnership Inc.

990 • Fiscal year 2018 • EIN 82-2881997

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

Organization ProfileWWW.CHOOSEDELAWARE.COM

View Organization Page

PO Box 671Wilmington, DE 19899

(302) 477-7497

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

86th percentile

$169,431

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

97th percentile

137%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

129%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$2,801,959

Up $1,622,045 (+137%) from 2017

Net Assets

Up

$2,717,554

Up $1,640,419 (+152%) from 2017

Liabilities

Down

$84,405

Down $18,374 (-18%) from 2017

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin93rd percentile

Revenue

Up

$2,999,397

Up $1,692,097 (+129%) from 2017

Expenses

Up

$1,358,978

Up $1,128,813 (+490%) from 2017

Net Income

Up

$1,640,419

Up $563,284 (+52%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2017: $1,179,914Liabilities 2017: $102,779Net Assets 2017: $1,077,1352017Assets 2018: $2,801,959Liabilities 2018: $84,405Net Assets 2018: $2,717,5542018Assets 2019: $3,618,345Liabilities 2019: $165,457Net Assets 2019: $3,452,8882019Assets 2020: $3,150,516Liabilities 2020: $88,267Net Assets 2020: $3,062,2492020Assets 2021: $3,299,751Liabilities 2021: $166,948Net Assets 2021: $3,132,8032021Assets 2022: $3,511,837Liabilities 2022: $309,980Net Assets 2022: $3,201,8572022Assets 2023: $3,281,664Liabilities 2023: $646,604Net Assets 2023: $2,635,0602023Assets 2024: $3,149,350Liabilities 2024: $533,067Net Assets 2024: $2,616,2832024

Highlighted filing

2018

Assets$2,801,959
Liabilities$84,405
Net Assets$2,717,554
Open 2018 Filing

Operations Trend

Revenue Growth95th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2017: $1,307,300Expenses 2017: $230,165Net Income 2017: $1,077,1352017Revenue 2018: $2,999,397Expenses 2018: $1,358,978Net Income 2018: $1,640,4192018Revenue 2019: $3,638,828Expenses 2019: $2,903,494Net Income 2019: $735,3342019Revenue 2020: $2,644,951Expenses 2020: $3,035,590Net Income 2020: -$390,6392020Revenue 2021: $3,168,461Expenses 2021: $3,097,906Net Income 2021: $70,5552021Revenue 2022: $3,121,078Expenses 2022: $3,052,024Net Income 2022: $69,0542022Revenue 2023: $2,860,513Expenses 2023: $3,427,310Net Income 2023: -$566,7972023Revenue 2024: $3,191,555Expenses 2024: $3,210,332Net Income 2024: -$18,7772024

Highlighted filing

2018

Revenue$2,999,397
Expenses$1,358,978
Net Income$1,640,419
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Gross Receipts
$2,999,397
Mission and Program Overview

Mission

To lead the state of delaware's economic development efforts.

The delaware prosperity partnership (dpp) was created as a private entity to lead the state of delaware's economic development efforts. Establishment of this private entity was a critical step to enhance the state's ability to attract, grow and retain companies; to build stronger entrepreneurial and innovation ecosystem; and to support private employers in identifying, recruiting, and developing talent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$804,914$2,639,086▲ $1,834,172
Accounts Receivable$375,000$124,000▼ $251,000
Prepaid Expenses and Deferred Charges-$29,400-
Land, Buildings, and Equipment, Net$0$9,473▲ $9,473
Total Assets$1,179,914$2,801,959▲ $1,622,045
Liabilities
Accounts Payable and Accrued Expenses$102,779$72,848▼ $29,931
Other Liabilities$0$11,557▲ $11,557
Total Liabilities$102,779$84,405▼ $18,374
Net Assets / Fund Balance
Unrestricted Net Assets$1,027,135$2,667,554▲ $1,640,419
Temporarily Rstr Net Assets$50,000$50,000→ $0
Total Net Assets Fund Balance$1,077,135$2,717,554▲ $1,640,419
Total Liabilities and Net Assets / Fund Balance$1,179,914$2,801,959▲ $1,622,045

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,473$1,384$10,857
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William Kurt ForemanCEOFT$138,169$31,262$169,431

Board Members and Trustees

NameTitle
John Carney JrCo Chair
Rodman Ward IiiCo-chairman
Bryon ShortBoard Member
Desmond BakerBoard Member
Doneene DamonBoard Member
Ed KeeBoard Member
Eric a Cheek PhdBoard Member
Greg LavelleBoard Member
Greg MooreBoard Member
Jack WalshBoard Member
Lori PalmerBoard Member
Lyndon YearickBoard Member
Nick LambrowBoard Member
Patrick CallahanBoard Member
Richelle VibleBoard Member
Rob RiderBoard Member
Robert HerreraBoard Member
Alan BrangmanSecretary
Jeanmarie DesmondTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,999,000
Program Service Revenue
$0
Investment Income
$397
Other Revenue
$0
All Other Contributions
$999,000
Change in Net Assets
$1,640,419

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,999,397
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$58,825
Total Revenue per Audited Statements
$3,058,222
Total Revenue per Form 990
$2,999,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$796,171
Salaries, Compensation, and Employee Benefits$562,807
Total Fundraising Expense$106,275
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$235,091$36,009$16,403$287,503
Advertising$229,787$12,909$15,491$258,187
Current Officers, Directors, Trustees, and Key Employees$182,835$28,986$11,149$222,970
All Other Expenses$26,573$11,969$37,066$75,608
Other Expenses$38,895$4,322-$43,217
Payroll Taxes$18,079$15,253$953$34,285
Fees for Services Other-$29,516-$29,516
Office Expenses$433$1,298$22,421$24,152
Other Employee Benefits$9,385$7,942$722$18,049
Fees for Services Accounting-$12,210-$12,210
Conferences and Meetings$7,907$2,433$1,825$12,165
Fees for Services Legal-$5,900-$5,900
Occupancy-$5,497-$5,497
Travel$4,168$490$245$4,903
Insurance-$2,809-$2,809
Depreciation Depletion-$1,384-$1,384
Interest-$235-$235
Total Functional Expenses$1,073,541$179,162$106,275$1,358,978

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,417,803
Expenses per Audited Statements$1,358,978
Total Expenses per Form 990$1,358,978
Expenses Not Reported on Form 990$58,825
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$11,557
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 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
No
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, Section A, Line 7A

“The governor has the right to appoint directors to the board”

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

“The 990 is reviewed, along with the draft financial statements, during the audit committee meeting. The 990 and financial statements are presented by the audit committee to the executive committee of the board for approval then ratified at the next scheduled meeting of the entire board of directors.”

Form 990, Part VI, Section B, Line 15A

“The organization's governing body establishes the ceo's salary based upon comparable data obtained from other similar organizations and going market rates for the area.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, and conflicts of interest policy available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Delaware Prosperity Partnership Inc
EIN
82-2881997
Phone
3024777497
Address
PO BOX 671, WILMINGTON, DE 19899

Signing Officer

Name
Kurt Foreman
Title
CEO
Phone
3024777497
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Kurt Foreman
Formed
2017
Legal Domicile
De
Voting Board Members
19
Independent Board Members
17
Employees
8
Volunteers
0

Preparer

Firm
Wheeler Wolfenden & Dwares Pa
Address
4550 NEW LINDEN HILL ROAD STE 201, WILMINGTON, DE 19808
Preparer
Kathleen Corcoran CPA
Phone
3022548240
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process for the oversight of the audit and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is a not-for-profit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and, therefore, has made no provisions for federal income taxes in the accompanying financial statements. In addition, the corporation has been determined by the internal revenue service not to be a private foundation within the meaning of section 509(a) of the internal revenue code. The corporation adopted asc 740-10, income taxes, as it relates to uncertain tax positions. Management has reviewed its current and past federal income tax positions and has determined, based on clear and unambiguous tax law and regulations, that the tax positions taken are certain and that there is no likelihood that a material tax assessment would be made if a respective government agency examined tax returns subject to audit. Accordingly, no provision for the effects of uncertain tax positions has been recorded.”

Raw XML AppendixShowing 400 of 520 raw XML fields

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

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IRS990/ActivityOrMissionDesc0THE DELAWARE PROSPERITY PARTNERSHIP (DPP) WAS CREATED AS A PRIVATE ENTITY TO LEAD THE STATE OF DELAWARE'S ECONOMIC DEVELOPMENT EFFORTS. ESTABLISHMENT OF THIS PRIVATE ENTITY WAS A CRITICAL STEP TO ENHANCE THE STATE'S ABILITY TO ATTRACT, GROW AND RETAIN COMPANIES; TO BUILD STRONGER ENTREPRENEURIAL AND INNOVATION ECOSYSTEM; AND TO SUPPORT PRIVATE EMPLOYERS IN IDENTIFYING, RECRUITING, AND DEVELOPING TALENT.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CO CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CO-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt19CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt02000000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02999397
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02809
IRS990/InsuranceGrp/TotalAmt02809
IRS990/InterestGrp/ManagementAndGeneralAmt0235
IRS990/InterestGrp/TotalAmt0235
IRS990/InvestmentIncomeGrp/ExclusionAmt0397
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0397
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01384
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09473
IRS990/LandBldgEquipCostOrOtherBssAmt010857
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO LEAD THE STATE OF DELAWARE'S ECONOMIC DEVELOPMENT EFFORTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01077135
IRS990/NetAssetsOrFundBalancesEOYAmt02717554
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05497
IRS990/OccupancyGrp/TotalAmt05497
IRS990/OfficeExpensesGrp/FundraisingAmt022421
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01298
IRS990/OfficeExpensesGrp/ProgramServicesAmt0433
IRS990/OfficeExpensesGrp/TotalAmt024152
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0722
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07942
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09385
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018049
IRS990/OtherExpensesGrp/Desc0CONTRACTOR EXPENSE
IRS990/OtherExpensesGrp/Desc1CONSULTING AND TEMPORAR
IRS990/OtherExpensesGrp/Desc2INNOVATION
IRS990/OtherExpensesGrp/Desc3BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04322
IRS990/OtherExpensesGrp/ProgramServicesAmt0146178
IRS990/OtherExpensesGrp/ProgramServicesAmt1116604
IRS990/OtherExpensesGrp/ProgramServicesAmt257606
IRS990/OtherExpensesGrp/ProgramServicesAmt338895
IRS990/OtherExpensesGrp/TotalAmt0146178
IRS990/OtherExpensesGrp/TotalAmt1116604
IRS990/OtherExpensesGrp/TotalAmt257606
IRS990/OtherExpensesGrp/TotalAmt343217
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt011557
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt016403
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036009
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0235091
IRS990/OtherSalariesAndWagesGrp/TotalAmt0287503
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0953
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015253
IRS990/PayrollTaxesGrp/ProgramServicesAmt018079
IRS990/PayrollTaxesGrp/TotalAmt034285
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029400
IRS990/PrincipalOfficerNm0WILLIAM KURT FOREMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01307300
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0182741
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01077135
IRS990/PYSalariesCompEmpBnftPaidAmt047424
IRS990/PYTotalExpensesAmt0230165
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01307300
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01640419
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02017 WAS THE INITIAL YEAR OF THE ORGANIZATION AND THEREFORE WAS A SHORT YEAR. 2018 IS THE FIRST FULL YEAR OR THE ORGANIZATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03057825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01307300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04365125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0397
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0397
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt04365125
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03057825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01307300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04365125
IRS990ScheduleA/TotalSupportAmt04365522
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt058825
IRS990ScheduleD/DonatedServicesUseFcltsAmt058825
IRS990ScheduleD/EquipmentGrp/BookValueAmt09473
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010857
IRS990ScheduleD/ExpensesNotReportedAmt058825
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01358978
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt058825
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02999397
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS MADE NO PROVISIONS FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE CORPORATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE CORPORATION ADOPTED ASC 740-10, INCOME TAXES, AS IT RELATES TO UNCERTAIN TAX POSITIONS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF A RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09473
IRS990ScheduleD/TotalExpensesPerForm990Amt01358978
IRS990ScheduleD/TotalLiabilityAmt011557
IRS990ScheduleD/TotalRevenuePerForm990Amt02999397
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03058222
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01417803
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0138169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,801,959
Liabilities
$84,405
Net assets
$2,717,554
Revenue
$2,999,397
Expenses
$1,358,978
Net income
$1,640,419
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.53$2.62$3.19$3.21$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.65$2.64$2.86$3.43$0.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$0.31$3.20$3.12$3.05$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.17$3.13$3.17$3.10$0.07
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.09$3.06$2.64$3.04$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.17$3.45$3.64$2.90$0.74
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.08$2.72$3.00$1.36$1.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.10$1.08$1.31$0.23$1.08