Civic Intelligence

P3 Foundation Inc.

990 • Fiscal year 2022 • EIN 82-2912570

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 11, 2023

Organization Profile
200 Quebec St 300-111Denver, CO 80230

(972) 415-5348

Siviq Scores

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

Liabilities / Assets

94th percentile

1.07x

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

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

10.48x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

7th percentile

-31%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

5th percentile

$12,764

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

93rd percentile

42%

Faster asset growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

112%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$106,595,603

Up $31,488,015 (+42%) from 2021

Net Assets

Down

-$7,516,610

Down $3,389,034 (-82%) from 2021

Liabilities

Up

$114,112,213

Up $34,877,049 (+44%) from 2021

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin7th percentile

Revenue

Up

$10,891,827

Up $5,759,887 (+112%) from 2021

Expenses

Up

$14,280,861

Up $4,794,283 (+51%) from 2021

Net Income

Up

-$3,389,034

Up $965,604 (+22%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$1.5B$1.0B$500M$0-$500MAssets 2019: $26,943,363Liabilities 2019: $26,705,409Net Assets 2019: $237,9542019Assets 2020: $77,767,451Liabilities 2020: $77,540,389Net Assets 2020: $227,0622020Assets 2021: $75,107,588Liabilities 2021: $79,235,164Net Assets 2021: -$4,127,5762021Assets 2022: $106,595,603Liabilities 2022: $114,112,213Net Assets 2022: -$7,516,6102022Assets 2023: $212,598,575Liabilities 2023: $250,353,873Net Assets 2023: -$37,755,2982023Assets 2024: $1,308,256,747Liabilities 2024: $1,326,999,822Net Assets 2024: -$18,743,0752024

Highlighted filing

2022

Assets$106,595,603
Liabilities$114,112,213
Net Assets-$7,516,610
Open 2022 Filing

Operations Trend

Revenue Growth95th percentile

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

$40M$20M$0-$20MRevenue 2019: $1,222,194Expenses 2019: $990,205Net Income 2019: $231,9892019Revenue 2020: $3,313,490Expenses 2020: $3,824,552Net Income 2020: -$511,0622020Revenue 2021: $5,131,940Expenses 2021: $9,486,578Net Income 2021: -$4,354,6382021Revenue 2022: $10,891,827Expenses 2022: $14,280,861Net Income 2022: -$3,389,0342022Revenue 2023: $16,090,838Expenses 2023: $16,143,759Net Income 2023: -$52,9212023Revenue 2024: $39,643,717Expenses 2024: $29,633,130Net Income 2024: $10,010,5872024

Highlighted filing

2022

Revenue$10,891,827
Expenses$14,280,861
Net Income-$3,389,034
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 11, 2023
Return Version
2022v5.0
Gross Receipts
$10,891,827
Mission and Program Overview

Mission

To partner with public and charitable entities to develop services, activities, and programs designed for senior housing, education, health care facilities, affordable housing, and governments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,630,328$66,850,309▲ $26,219,981
Cash and Non-Interest-Bearing Accounts$1,679,543$1,870,573▲ $191,030
Prepaid Expenses and Deferred Charges$170,865$167,602▼ $3,263
Accounts Receivable$365$4,424▲ $4,059
Total Assets$75,107,588$106,595,603▲ $31,488,015
Other Assets Total$32,626,487$37,702,695▲ $5,076,208
Liabilities
Tax Exempt Bond Liabilities$56,520,000$56,520,000→ $0
Mortgage Notes Payable Secured by Investment Property$1,425,000$30,277,026▲ $28,852,026
Other Liabilities$16,951,257$21,394,058▲ $4,442,801
Accounts Payable and Accrued Expenses$4,338,907$5,921,129▲ $1,582,222
Total Liabilities$79,235,164$114,112,213▲ $34,877,049
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,127,576$-7,516,610▼ $3,389,034
Total Net Assets Fund Balance$-4,127,576$-7,516,610▼ $3,389,034
Total Liabilities and Net Assets / Fund Balance$75,107,588$106,595,603▲ $31,488,015

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$65,163,595$15,585,678$80,749,273
Equipment$1,666,356$880,362$2,546,718
Other Land Buildings$20,358$4,393$24,751
Other Assets Org$8,100--
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kim WyattExecutive DiPT$12,764$12,764

Board Members and Trustees

NameTitle
Jeff KleinPresident
Andrew KittlesonDirector
Eva HillDirector
Louise WallerDirector
Greg FawcettSecretary
Jim MooreTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Np Asset Services LLCConsulting3710 RAWLINS ST STE 1000, Dallas, TX 75219$587,897
KutakrockFinance901 EAST BYRD STREET SUITE 1000, Richmond, VA 23219$203,625
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,874,868
Investment Income
$84,070
Other Revenue
$932,889
Change in Net Assets
$-3,389,034
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,430,261
Salaries, Compensation, and Employee Benefits$780,600
Grants and Similar Amounts Paid$70,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$3,729,712--$3,729,712
Depreciation Depletion$3,324,745--$3,324,745
Occupancy$2,563,516--$2,563,516
Other Salaries and Wages$331,554$282,505-$614,059
Fees for Services Other$312,150$174,044-$486,194
Office Expenses$28,001$445,285-$473,286
Fees for Services Management$356,964--$356,964
Fees for Services Legal-$218,468-$218,468
Other Employee Benefits$59,533$50,726-$110,259
Other Expenses$92,760$397,309-$92,760
Grants to Domestic Orgs$70,000--$70,000
Advertising-$68,602-$68,602
Payroll Taxes$23,497$20,021-$43,518
Information Technology$41,175--$41,175
Fees for Services Accounting-$32,345-$32,345
Current Officers, Directors, Trustees, and Key Employees-$12,764-$12,764
Total Functional Expenses$12,578,792$1,702,069$0$14,280,861
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fuqua SchoolFarmville, VA501c3Operations$21,000
Historic West End PartnersCharlotte, NC501c3Operations$11,000
Camp SunshineCasco, ME501c3Operations$7,000
Childrens Hospital of PhiladelphiaPhiladelphia, PA501c3Operations$6,000
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
Deferred Ground Lease$21,767,225
Deferred Rent$1,410,737
Bond Premium/discount$638,195
Bond Issue Costs$-2,422,099

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCalifornia Muni Finance Auth- 2020a2020-06-30$29,925,000The acquistion and repositioning of an existing student housing facility located on the campus of cl
ALancaster Ida Revenue Bonds - 2019a2019-08-08$26,595,000To finance the acquisition of a long-term ground lease interest in certain land located in the vicin

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$30,338,500--$643,270
A$27,277,619--$541,282

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
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
Yes
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 2

“Jeffrey klein moore, fawcett, wyatt director directors >10% owner in same business james moore klein, fawcett, wyatt director directors >10% owner in same business gregory fawcett klein, moore, wyatt director directors >10% owner in same business kimberly wyatt klein, moore, fawcett director directors >10% owner in same business”

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

“The 990 is reviewed by the executive director prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are not made available to the general public.”

Filing and Contact Details

Filer

Filer Name
P3 Foundation Inc
EIN
82-2912570
Address
200 QUEBEC ST 300-111, DENVER, CO 80230

Signing Officer

Name
Kim Wyatt
Title
Executive Director
Signed
2023-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Wyatt
Formed
2017
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
3
Employees
0

Preparer

Firm
J Brocklehurst CPA Pllc
Address
3900 WESTERRE PARKWAY SUITE 300, RICHMOND, VA 23233
Preparer
Janet L Brocklehurst
Phone
8047290023
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Providing services, activities and programs dedicated to furthering community development, education, and lessening the burdens of government.”

Form 990, Part XII

“The financial statements of the three disregarded entities and the 929 wolfe street llc partnership are reviewed/audited by independent accountants. Each of those financial statements are issued on a separate basis from the parent organization.”

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IRS990/PayrollTaxesGrp/TotalAmt043518
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0170865
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0167602
IRS990/PrincipalOfficerNm0KIM WYATT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING RENTAL
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEES
IRS990/ProgramServiceRevenueGrp/Desc2HOUSING RENTAL FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08779718
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1854511
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2240639
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08779718
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1854511
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2240639
IRS990/ProgSrvcAccomActy2Grp/Desc0STUDENT HOUSING FACILITIES - LEASE AND MANAGEMENT OF STUDENT HOUSING CONSISTING OF 238 BEDS IN RESIDENTIAL PROPERTY LOCATED ON THE CAMPUS OF CLAREMONT GRADUATE UNIVERSITY IN CLAREMONT, CALIFORNIA UNDER A MASTER LEASE AGREEMENT WITH THE COLLEGE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06253053
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03127622
IRS990/ProgSrvcAccomActy3Grp/Desc0STUDENT HOUSING AND PARKING FACILITIES - LEASE AND MANAGEMENT OF STUDENT HOUSING LOCATED IN LINCOLN, NEBRASKA NEAR THE THE CAMPUS OF THE UNIVERSITY OF NEBRASKA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04061856
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt03339612
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDING SERVICES, ACTIVITIES AND PROGRAMS DEDICATED TO FURTHERING COMMUNITY DEVELOPMENT, EDUCATION, AND LESSENING THE BURDENS OF GOVERNMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0498909
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt070000
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0854511
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0703
IRS990/PYOtherExpensesAmt09139886
IRS990/PYProgramServiceRevenueAmt05131237
IRS990/PYRevenuesLessExpensesAmt0-4354638
IRS990/PYSalariesCompEmpBnftPaidAmt0346692
IRS990/PYTotalExpensesAmt09486578
IRS990/PYTotalRevenueAmt05131940
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-3389034
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02553122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt084070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0703
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03169
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04072
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt092014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010807757
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05131237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03310321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01218122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt020467437
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt084070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0703
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt092014
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99550
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt020467437
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010807757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05131237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03310321
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01218122
IRS990ScheduleA/Total509Grp/TotalAmt020467437
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010891827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05131940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03313490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01222194
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020559451
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt065163595
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015585678
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt080749273
IRS990ScheduleD/EquipmentGrp/BookValueAmt01666356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0880362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02546718
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt028220739
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16581238
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21959729
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3932889
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt48100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LEASED ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED BOND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INVESTMENT IN 929 N WOLFE ST LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER INVESTMENTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020358
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04393
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021767225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11410737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2638195
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-2422099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED GROUND LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BOND PREMIUM/DISCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3BOND ISSUE COSTS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt066850309
IRS990ScheduleD/TotalBookValueOtherAssetsAmt037702695
IRS990ScheduleD/TotalLiabilityAmt021394058
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt07000
IRS990ScheduleI/RecipientTable/CashGrantAmt121000
IRS990ScheduleI/RecipientTable/CashGrantAmt211000
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2OPERATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CAMP SUNSHINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1FUQUA SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HISTORIC WEST END PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CHILDRENS HOSPITAL OF PHILADELPHIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0THE RURAL EDUCATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0222582877
IRS990ScheduleI/RecipientTable/RecipientEIN1541673028
IRS990ScheduleI/RecipientTable/RecipientEIN2271880057
IRS990ScheduleI/RecipientTable/RecipientEIN3231352166
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt035 ACADIA RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 328
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 30444
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt334TH ST AND CIVIC CENTER BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CASCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FARMVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2CHARLOTTE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ME
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd004015
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123901
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd228230
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd319104
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE TO QUALIFYING 501C3 ORGANIZATIONS FOR USE IN THEIR GENERAL OPERATIONS. THERE ARE NO PROCEDURES FOR SUBSEQUENT MONITORING OF THE USE OF FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt04
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0LANCASTER IDA REVENUE BONDS - 2019A TO FINANCE THE ACQUISITION OF A LONG-TERM GROUND LEASE INTEREST IN CERTAIN LAND LOCATED IN THE VICINITY OF FRANKLIN & MARSHALL COLLEGE, THE ACQUISITION OF CERTAIN BUILDINGS AND IMPROVEMENTS LOCATED ON EACH OF THE PARCELS, THE FUNDING OF ANY REQUIRED RESERVES, AND THE PAYMENT OF COSTS OF ISSUANCE. THE PARCELS AND IMPROVEMENTS WILL BE LEASED TO THE COLLEGE PURSUANT TO AN AMENDED AND RESTATED MASTER LEASE.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1CALIFORNIA MUNI FINANCE AUTH- 2020A THE ACQUISTION AND REPOSITIONING OF AN EXISTING STUDENT HOUSING FACILITY LOCATED ON THE CAMPUS OF CLAREMONT GRADUATE UNIVERSITY IN CLAREMONT, CA INCLUDING THE ACQUISITION OF A LONG-TERM GROUND LEASE INTEREST, FUNDING OF ANY REQUIRED RESERVES, AND PAYMENT OF COSTS OF ISSUANCE.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt2LANCASTER IDA REVENUE BONDS - 2019A 08/08/22
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc2DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$106,595,603
Liabilities
$114,112,213
Net assets
-$7,516,610
Revenue
$10,891,827
Expenses
$14,280,861
Net income
-$3,389,034
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,308$1,327$18.7$39.6$29.6$10.0
2023Detailed filing. Detailed filing data is available for this year.$213$250$37.8$16.1$16.1$0.05
2022Detailed filing. Detailed filing data is available for this year.$107$114$7.52$10.9$14.3$3.39
2021Detailed filing. Detailed filing data is available for this year.$75.1$79.2$4.13$5.13$9.49$4.35
2020Detailed filing. Detailed filing data is available for this year.$77.8$77.5$0.23$3.31$3.82$0.51
2019Detailed filing. Detailed filing data is available for this year.$26.9$26.7$0.24$1.22$0.99$0.23