Liabilities / Assets
14th percentile
Higher debt load relative to assets than 14% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
69th percentile
Higher top officer pay than 69% of similar nonprofits.
Top officer pay equals 197.1% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Up$126,073,605
Up $38,639,294 (+44%) from 2020
Net Assets
Up$125,936,270
Up $38,522,609 (+44%) from 2020
Liabilities
Up$137,335
Up $116,685 (+565%) from 2020
Revenue And Expenses
Revenue
Down$261,292
Down $107,888,170 (-100%) from 2020
Expenses
Up$490,695
Up $452,001 (+1168%) from 2020
Net Income
Down-$229,403
Down $108,340,171 (-100%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- May 16, 2022
- Return Version
- 2020v4.2
- Gross Receipts
- $261,292
Mission and Program Overview
Mission
To champion comprehensive policy changes at the federal, state and local levels to create lasting systems change that improves the well-being of children and families.
To promote social welfare through advocating and funding policies impacting early childhood.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $85,797,933 | $124,859,597 | ▲ $39,061,664 |
| Cash and Non-Interest-Bearing Accounts | $1,636,378 | $994,188 | ▼ $642,190 |
| Accounts Receivable | - | $219,820 | - |
| Total Assets | $87,434,311 | $126,073,605 | ▲ $38,639,294 |
| Liabilities | |||
| Other Liabilities | $20,650 | $83,050 | ▲ $62,400 |
| Accounts Payable and Accrued Expenses | - | $54,285 | - |
| Total Liabilities | $20,650 | $137,335 | ▲ $116,685 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $87,413,661 | $125,936,270 | ▲ $38,522,609 |
| Total Net Assets Fund Balance | $87,413,661 | $125,936,270 | ▲ $38,522,609 |
| Total Liabilities and Net Assets / Fund Balance | $87,434,311 | $126,073,605 | ▲ $38,639,294 |
Compensation and Service Providers
Employees
| Name | Title | Base | Other | Total |
|---|---|---|---|---|
| David Daniels | President | $16,301 | $498,796 | $16,301 |
| Mae Cheung | Secretary | $15,970 | $184,545 | $15,970 |
| Angela Deeds | Treasurer | $7,715 | $248,312 | $7,715 |
| Andrew Curtis | Director, Infor. Technology | $364 | $166,506 | $364 |
Board Members and Trustees
| Name | Title |
|---|---|
| Barbara Bainum | Director |
| Roberto Rodriguez | Director |
| Scott Renschler | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $0
- Investment Income
- $261,292
- Other Revenue
- $0
- Change in Net Assets
- $-229,403
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $318,286 |
| Salaries, Compensation, and Employee Benefits | $172,409 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $181,282 | $46,875 | - | $228,157 |
| Current Officers, Directors, Trustees, and Key Employees | $34,539 | $70,480 | - | $105,019 |
| Other Salaries and Wages | $20,790 | $17,607 | - | $38,397 |
| Information Technology | $17,599 | $18,096 | - | $35,695 |
| Fees for Services Legal | $5,490 | $16,096 | - | $21,586 |
| Occupancy | $7,385 | $6,921 | - | $14,306 |
| Other Employee Benefits | $4,461 | $6,815 | - | $11,276 |
| Payroll Taxes | $4,003 | $5,212 | - | $9,215 |
| Fees for Services Accounting | - | $8,994 | - | $8,994 |
| Insurance | $4,554 | $4,268 | - | $8,822 |
| Pension Plan Contributions | $3,440 | $5,062 | - | $8,502 |
| Conferences and Meetings | - | $726 | - | $726 |
| Total Functional Expenses | $283,543 | $207,152 | $0 | $490,695 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Related Party Payable | $83,050 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- 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
- Yes
- 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
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 2
“Officers and directors of the fund are also officers/directors or employees of the bainum family foundation and have business relationships.”
Form 990, Part VI, Section A, Line 4
“The organization amended and restated its articles of incorporation in order to: (1) effect a name change from the bainum family action fund to the children's equity fund, and (2) authorize two committees to be delegated the oversight of the organization's investments and audit. The bylaws were also amended to reflect and give effect to these changes.”
Form 990, Part VI, Section A, Line 6
“Prior to year-end, the members of the governing body were the members of the corporation. After year-end, the governing documents were modified to identify a class of members, and members were then appointed. The corporation has one class of members comprised of 3-5 lineal descendants of stewart bainum sr. And jane bainum, and the spouses, life partners and children of such lineal descendants.”
Form 990, Part VI, Section A, Line 7A
“There is one class of members comprised of 3-5 lineal descendants of stewart bainum sr. And jane bainum, and the spouses, life partners and children of such lineal descendants. The members have the right and duty to fix the number of directors of the corporation, elect and remove the directors of the corporation, and appoint the chair of the board of directors. The members also have the exclusive right to set the mission and vision statements of the corporation, approve changes to the corporation's governing documents and approve the dissolution of the corporation. Finally, the members have the right to approve "any other fundamental transactions" of the corporation.”
Form 990, Part VI, Section A, Line 7B
“There is one class of members comprised of 3-5 lineal descendants of stewart bainum sr. And jane bainum, and the spouses, life partners and children of such lineal descendants. The members have the right and duty to fix the number of directors of the corporation, elect and remove the directors of the corporation, and appoint the chair of the board of directors. The members also have the exclusive right to set the mission and vision statements of the corporation, approve changes to the corporation's governing documents and approve the dissolution of the corporation. Finally, the members have the right to approve "any other fundamental transactions" of the corporation. Each member is entitled to one vote, and all votes are weighted equally.”
Form 990, Part VI, Section B, Line 11B
“The board of directors reviews and approves the draft version of the federal form 990 prior to filing with the internal revenue service center.”
Form 990, Part VI, Section B, Line 12C
“The organization adopted a written conflict of interest policy at inception and all board members and key staff are subject to its provisions. The specific mechanisms and procedures for monitoring on an annual basis are under developement.”
Form 990, Part VI, Section B, Line 15
“The organization shares personnel with the bainum family foundation (bff) under a shared resources agreement; thus, all personnel are employed by bff. The bff board reviews ceo and key employee compensation through its compensation committee's analysis which includes reviewing market studies and surveys.”
Form 990, Part VI, Section C, Line 19
“The fund makes its governing and other documents available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- CHILDREN'S EQUITY FUND
- EIN
- 84-3694024
- Phone
- 2404500004
- Address
- 7735 OLD GEORGETOWN RD NO 1000, BETHESDA, MD 20814
Signing Officer
- Name
- David Daniels
- Title
- President
- Phone
- 2404500004
- Signed
- 2022-05-16
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- David Daniels
- Formed
- 2019
- Legal Domicile
- De
- Voting Board Members
- 3
- Independent Board Members
- 1
- Employees
- 0
- Volunteers
- 6
Preparer
- Firm
- Marcum Llp
- Address
- 1899 L STREET NW 850, WASHINGTON, DC 20036
- Preparer
- Frank H Smith
- Phone
- 2028225000
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G
“Consulting: program service expenses 181,282. Management and general expenses 46,875. Fundraising expenses 0. Total expenses 228,157.”
Financial Statement Notes
PART X, LINE 2:
“The fund performed an evaluation of uncertainty in income taxes for the year ended june 30, 2021 and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. The fund's tax returns are subject to possible examination by the taxing authorities. For federal tax purposes, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns.”
Raw XML AppendixShowing 400 of 448 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/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 54285 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 219820 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE SOCIAL WELFARE THROUGH ADVOCATING AND FUNDING POLICIES IMPACTING EARLY CHILDHOOD. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ANGELA DEEDS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2404500004 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7735 OLD GEORGETOWN RD SUITE 1000 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BETHESDA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20814 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1636378 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 994188 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 1 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 70480 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 34539 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 105019 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 726 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 726 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 261292 |
| IRS990/CYOtherExpensesAmt | 0 | 318286 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -229403 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 172409 |
| IRS990/CYTotalExpensesAmt | 0 | 490695 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 261292 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | INFRASTRUCTURE DEVELOPMENT PROGRAM: THE FUND HAS BEEN FOCUSED ON RESEARCH, LEARNING HOW BEST TO DEPLOY ITS FUNDS, AND BUILDING INFRASTRUCTURE FROM WHICH IT CAN LAUNCH PROGRAM INITIATIVES. THIS PROGRAM HAS BEEN INSTRUMENTAL IN EQUIPPING THE FUND TO ADVANCE POLICY CHANGE FOR YOUNG CHILDREN THROUGH BUILDING UP THE FINANCIAL, LEGAL, TECHNOLOGY, COMMUNICATIONS AND EVALUATION INFRASTRUCTURE NEEDED TO COMPLIANTLY OPERATE A 501(C)(4) ALONGSIDE A PRIVATE FOUNDATION. ACTIVITIES INCLUDE ENGAGING EXPERTS TO ADVISE EXECUTIVE LEADERSHIP ON FEDERAL, STATE, AND LOCAL POLICY MATTERS, AS WELL AS ORGANIZATIONAL STRUCTURE AND REGULATORY COMPLIANCE. THE PROGRAM HAS ALSO CONVENED TEAMS ACROSS THE ORGANIZATION FOR GROUP LEARNING, PROBLEM-SOLVING AND DECISION-MAKING. THE INFRASTRUCTURE DEVELOPMENT PROGRAM HAS PRODUCED A DELIBERATE AND THOUGHTFUL PROCESS THAT POSITIONS THE FUND TO BE AN EFFECTIVE AND IMPACTFUL FUNDER IN THE EARLY CHILDHOOD POLICY ARENA. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 249305 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8994 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8994 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 16096 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 5490 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 21586 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 46875 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 181282 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 228157 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 83632 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 32789 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 22894 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 18634 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BARBARA BAINUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SCOTT RENSCHLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROBERTO RODRIGUEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DAVID DANIELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ANGELA DEEDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MAE CHEUNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ANDREW CURTIS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 16301 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 7715 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 15970 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 364 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 415164 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 215523 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 161651 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 147872 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR, INFOR. TECHNOLOGY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2019 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 261292 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 1 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 18096 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 17599 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 35695 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4268 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4554 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8822 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 261292 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 261292 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 85797933 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 124859597 |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | DE |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE SOCIAL WELFARE THROUGH ADVOCATING FOR AND FUNDING ADVOCACY OF POLICIES IMPACTING EARLY CHILDHOOD. |
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| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 87413661 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 125936270 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 38752012 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 125936270 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6921 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 7385 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 14306 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 6815 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 4461 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 11276 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 20650 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 83050 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 17607 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 20790 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 38397 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 5212 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4003 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 9215 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 5062 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 3440 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8502 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DAVID DANIELS |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EARLY CHILDHOOD ADVOCACY AND POLICY: BECAUSE THE FIRST FEW YEARS OF LIFE ARE CRITICALLY IMPORTANT AND CAN AFFECT LEARNING, BEHAVIOR AND HEALTH OVER AN ENTIRE LIFETIME, WE SUPPORT CHILDREN'S HEALTHY DEVELOPMENT AND LEARNING FROM BIRTH TO AGE 3. WE ENGAGE POLICY/ADVOCACY PARTNERS TO INCREASE PUBLIC FUNDING FOR PROGRAMS AND SERVICES FOR YOUNG CHILDREN AND FAMILIES. THIS WORK INCLUDES PUBLIC AWARENESS, POLICY IMPLEMENTATION GUIDANCE AND COALITION BUILDING. WE ALSO PROVIDE RESEARCH AND ANALYSIS TO ENSURE THAT POLICY GAPS ARE ADDRESSED, AND PUBLIC RESOURCES ARE EQUITABLY DISTRIBUTED. POLICY PARTNERS INTENTIONALLY CENTER THEIR WORK ON THE EXPERTISE AND EXPERIENCES OF FAMILIES, MENTAL HEALTH CARE SPECIALISTS, HEALTH CARE PROVIDERS, EARLY CHILDHOOD EDUCATORS AND FAMILY ENGAGEMENT SPECIALISTS. DURING FY 2021, WE COLLABORATED WITH THESE PARTNERS ON HOW FUNDING WOULD BE USED AND TO ALIGN ON POTENTIAL OUTCOMES. AS AN OUTCOME, THE FIRST GRANTS WERE ISSUED IN FY 2022. |
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| IRS990/PYOtherExpensesAmt | 0 | 38694 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 83050 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RELATED PARTY PAYABLE |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FUND PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED JUNE 30, 2021 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE FUND'S TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES. FOR FEDERAL TAX PURPOSES, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalLiabilityAmt | 0 | 83050 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 3 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DAVID DANIELS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | ANGELA DEEDS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 2 | MAE CHEUNG |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 3 | ANDREW CURTIS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 3 | DIRECTOR, INFOR. TECHNOLOGY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 16301 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 7715 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 15970 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 3 | 364 |
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| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS A RESOURCE SHARING AGREEMENT WITH THE BAINUM FAMILY FOUNDATION, A RELATED PARTY. SHARED RESOURCES INCLUDE THE EMPLOYEES OF THE FOUNDATION. |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 1 | DAVID DANIELS RECEIVED $83,683 BY PARTICIPATING IN BAINUM FAMILY FOUNDATION'S DEFERRED COMPENSATION 457 PLAN. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3 |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 4B |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 1 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OFFICERS AND DIRECTORS OF THE FUND ARE ALSO OFFICERS/DIRECTORS OR EMPLOYEES OF THE BAINUM FAMILY FOUNDATION AND HAVE BUSINESS RELATIONSHIPS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION AMENDED AND RESTATED ITS ARTICLES OF INCORPORATION IN ORDER TO: (1) EFFECT A NAME CHANGE FROM THE BAINUM FAMILY ACTION FUND TO THE CHILDREN'S EQUITY FUND, AND (2) AUTHORIZE TWO COMMITTEES TO BE DELEGATED THE OVERSIGHT OF THE ORGANIZATION'S INVESTMENTS AND AUDIT. THE BYLAWS WERE ALSO AMENDED TO REFLECT AND GIVE EFFECT TO THESE CHANGES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR TO YEAR-END, THE MEMBERS OF THE GOVERNING BODY WERE THE MEMBERS OF THE CORPORATION. AFTER YEAR-END, THE GOVERNING DOCUMENTS WERE MODIFIED TO IDENTIFY A CLASS OF MEMBERS, AND MEMBERS WERE THEN APPOINTED. THE CORPORATION HAS ONE CLASS OF MEMBERS COMPRISED OF 3-5 LINEAL DESCENDANTS OF STEWART BAINUM SR. AND JANE BAINUM, AND THE SPOUSES, LIFE PARTNERS AND CHILDREN OF SUCH LINEAL DESCENDANTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE IS ONE CLASS OF MEMBERS COMPRISED OF 3-5 LINEAL DESCENDANTS OF STEWART BAINUM SR. AND JANE BAINUM, AND THE SPOUSES, LIFE PARTNERS AND CHILDREN OF SUCH LINEAL DESCENDANTS. THE MEMBERS HAVE THE RIGHT AND DUTY TO FIX THE NUMBER OF DIRECTORS OF THE CORPORATION, ELECT AND REMOVE THE DIRECTORS OF THE CORPORATION, AND APPOINT THE CHAIR OF THE BOARD OF DIRECTORS. THE MEMBERS ALSO HAVE THE EXCLUSIVE RIGHT TO SET THE MISSION AND VISION STATEMENTS OF THE CORPORATION, APPROVE CHANGES TO THE CORPORATION'S GOVERNING DOCUMENTS AND APPROVE THE DISSOLUTION OF THE CORPORATION. FINALLY, THE MEMBERS HAVE THE RIGHT TO APPROVE "ANY OTHER FUNDAMENTAL TRANSACTIONS" OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THERE IS ONE CLASS OF MEMBERS COMPRISED OF 3-5 LINEAL DESCENDANTS OF STEWART BAINUM SR. AND JANE BAINUM, AND THE SPOUSES, LIFE PARTNERS AND CHILDREN OF SUCH LINEAL DESCENDANTS. THE MEMBERS HAVE THE RIGHT AND DUTY TO FIX THE NUMBER OF DIRECTORS OF THE CORPORATION, ELECT AND REMOVE THE DIRECTORS OF THE CORPORATION, AND APPOINT THE CHAIR OF THE BOARD OF DIRECTORS. THE MEMBERS ALSO HAVE THE EXCLUSIVE RIGHT TO SET THE MISSION AND VISION STATEMENTS OF THE CORPORATION, APPROVE CHANGES TO THE CORPORATION'S GOVERNING DOCUMENTS AND APPROVE THE DISSOLUTION OF THE CORPORATION. FINALLY, THE MEMBERS HAVE THE RIGHT TO APPROVE "ANY OTHER FUNDAMENTAL TRANSACTIONS" OF THE CORPORATION. EACH MEMBER IS ENTITLED TO ONE VOTE, AND ALL VOTES ARE WEIGHTED EQUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE DRAFT VERSION OF THE FEDERAL FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE CENTER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY AT INCEPTION AND ALL BOARD MEMBERS AND KEY STAFF ARE SUBJECT TO ITS PROVISIONS. THE SPECIFIC MECHANISMS AND PROCEDURES FOR MONITORING ON AN ANNUAL BASIS ARE UNDER DEVELOPEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION SHARES PERSONNEL WITH THE BAINUM FAMILY FOUNDATION (BFF) UNDER A SHARED RESOURCES AGREEMENT; THUS, ALL PERSONNEL ARE EMPLOYED BY BFF. THE BFF BOARD REVIEWS CEO AND KEY EMPLOYEE COMPENSATION THROUGH ITS COMPENSATION COMMITTEE'S ANALYSIS WHICH INCLUDES REVIEWING MARKET STUDIES AND SURVEYS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE FUND MAKES ITS GOVERNING AND OTHER DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | CONSULTING: PROGRAM SERVICE EXPENSES 181,282. MANAGEMENT AND GENERAL EXPENSES 46,875. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 228,157. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | BAINUM FAMILY FOUNDATION |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | PRIVATE OPERATING FOUNDATION |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | BETHESDA |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 20814 |
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| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
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| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
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| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 1 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | DE |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 87434311 |
| IRS990/TotalAssetsEOYAmt | 0 | 126073605 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 87434311 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 126073605 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 207152 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 283543 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 490695 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 20650 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 137335 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 20650 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 137335 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 87413661 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 125936270 |
| IRS990/TotalOtherCompensationAmt | 0 | 157949 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 283543 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 40350 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 261292 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 261292 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $126,073,605
- Liabilities
- $137,335
- Net assets
- $125,936,270
- Revenue
- $261,292
- Expenses
- $490,695
- Net income
- -$229,403