Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$68,504,515
No earlier filing loaded for comparison.
Net Assets
-$324,468
No earlier filing loaded for comparison.
Liabilities
$68,828,983
No earlier filing loaded for comparison.
Revenue
$6,032
No earlier filing loaded for comparison.
Expenses
$330,500
No earlier filing loaded for comparison.
Net Income
-$324,468
No earlier filing loaded for comparison.
To be a catalyst for education, research, innovation and transformation through the creation of a global destination which recognizes stewardship of the land as the cornerstone of an inspired community.
We are the independent, mission-driven, not-for-profit entity leading the planning and visioning of rowen, responsible for project leadership and operations to ensure the long-term vision for rowen is never compromised. Rowen means "second harvest." established on land that has been carefully stewarded for generations by local families, rowen will be programmed in a way that remains true to the families' connections to agriculture, medicine and natural environment. The result is a reimagination of the traditional mixed-use, office and research environment that will change the economic and social trajectory of georgia, the nation and with time, the world.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $0 | $58,710,401 | ▲ $58,710,401 |
| Cash and Non-Interest-Bearing Accounts | $0 | $226,150 | ▲ $226,150 |
| Prepaid Expenses and Deferred Charges | - | $11,140 | - |
| Total Assets | $0 | $68,504,515 | ▲ $68,504,515 |
| Other Assets Total | $0 | $9,556,824 | ▲ $9,556,824 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $68,472,686 | - |
| Other Liabilities | $0 | $356,297 | ▲ $356,297 |
| Accounts Payable and Accrued Expenses | $0 | - | - |
| Tax Exempt Bond Liabilities | - | $0 | - |
| Total Liabilities | $0 | $68,828,983 | ▲ $68,828,983 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $0 | $-324,468 | ▼ $324,468 |
| Total Net Assets Fund Balance | $0 | $-324,468 | ▼ $324,468 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $68,504,515 | ▲ $68,504,515 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $58,710,401 | - | $58,710,401 |
| Other Assets Org | $9,556,824 | - | - |
| Name | Title |
|---|---|
| Sachin D Shailendra | Director, Chair |
| Robert T Hughes | Director |
| Samuel H Hinton | Director |
| Robert T Geolas | Director, Secretary |
| Thomas D Senkbell | Director, Treasurer |
| Mason Ailstock | CEO (ex-officio, Non-voting) |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Hr&a Advisors INC | Development, Marketing, Administrative, | 555 FAYETTEVILLE STREET SUITE 300, Raleigh, NC 27601 | $229,800 |
| Line Item | Amount |
|---|---|
| Other Expenses | $330,500 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $195,330 | $34,470 | - | $229,800 |
| Fees for Services Other | $50,300 | - | - | $50,300 |
| Fees for Services Legal | $11,746 | $11,745 | - | $23,491 |
| Fees for Services Accounting | $5,379 | $5,379 | - | $10,758 |
| Interest | $8,555 | - | - | $8,555 |
| Insurance | - | $4,005 | - | $4,005 |
| Other Expenses | - | $2,194 | - | $2,194 |
| Occupancy | - | $956 | - | $956 |
| Travel | - | $378 | - | $378 |
| Office Expenses | - | $63 | - | $63 |
| Total Functional Expenses | $271,310 | $59,190 | $0 | $330,500 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $330,500 |
| Expenses per Audited Statements | $321,945 |
| Total Expenses per Audited Statements | $321,945 |
| Expenses Not Reported on Financial Statements | $8,555 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Interest Expense Payable | $356,297 |
“Mason ailstock, ceo (senior principal, hr&a advisors, inc.) robert geolas, director (partner, hr&a advisors, inc.)”
“The original by-laws dated september 16, 2020 were amended and restated as of 10/28/2020 and adopted by the board of directors at the november 5, 2020 board meeting under the requirement of the irs to remove the opportunity to amend the "tax-exempt" purpose of the organization.”
“A copy of the form 990 is provided either in paper or electronic format to all board members before it is filed.”
“Annual conflict of interest statements are required from all board members and officers. In addition, all board members and officer are asked to excuse themselves from all decisions that involve them personally.”
“Compensation for top management officials, officers, and key employees is handled by the board without the participation of the individual involved. At this time, there are no employee officers or key employees. Presently, the management function is handled by a turn-key consultant. The contract with the consultant was established at competitive market prices. At such time as the corporation does hire employees compensation levels will be established by a compensation committee of the board following industry guidelines and market data.”
“Governing documents and internal policies are given to employees when they are hired by the organization and are available within the organization's office to those who fall under their covenents, but as proprietary information of the organization, they and the financial statements are not made available to the general public.”
“Mason ailstock, ceo (senior principal, hr&a advisors, inc.) robert geolas, director (partner, hr&a advisors, inc.) $229,800 management services contract with hr&a advisors, inc. Mssrs. Ailstock and geolas are partners in the firm hr&a advisors which provides independent professional real estate and economic development advisory services to the organization. All trarnsactions with hr&a are on an arms-length basis in the ordinary course of business with rowen's mission. With 18 partners, mssrs. Ailstock & geolas do not control over 35% of the firm, and their personal compensation is not dependent on the management contract with the rowen foundation.”
“Hr&a advisors provides independent professional real estate and economic development advisory services to the organization to "... Improve economic opportunity, quality of life and the built environment for people in urban communities ..." to clients like rowen who are trying to add or merge physical infrastructure and services with communities "... (for) the reinvention of cities into vibrant urban centers that offer jobs and sustain a high quality of life for diverse communities" by "... Creat(ing) more equitable, resilient, and dynamic communities. Our work turns vision into action through rigorous analysis, strategy development, and implementation planning." (hr&a advisors website)”
“Operations & communications: program service expenses 50,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,300.”
“Gaap provides guidance for how uncertain tax positions should be recognized, measured, presented, and disclosed in the foundation's financial statements. Management has evaluated the implications of these standards and has not identified any uncertain tax positions for the foundation; therefore, no tax expense or accruals are included in the accompanying financial statements.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | WE ARE THE INDEPENDENT, MISSION-DRIVEN, NOT-FOR-PROFIT ENTITY LEADING THE PLANNING AND VISIONING OF ROWEN, RESPONSIBLE FOR PROJECT LEADERSHIP AND OPERATIONS TO ENSURE THE LONG-TERM VISION FOR ROWEN IS NEVER COMPROMISED. ROWEN MEANS "SECOND HARVEST." ESTABLISHED ON LAND THAT HAS BEEN CAREFULLY STEWARDED FOR GENERATIONS BY LOCAL FAMILIES, ROWEN WILL BE PROGRAMMED IN A WAY THAT REMAINS TRUE TO THE FAMILIES' CONNECTIONS TO AGRICULTURE, MEDICINE AND NATURAL ENVIRONMENT. THE RESULT IS A REIMAGINATION OF THE TRADITIONAL MIXED-USE, OFFICE AND RESEARCH ENVIRONMENT THAT WILL CHANGE THE ECONOMIC AND SOCIAL TRAJECTORY OF GEORGIA, THE NATION AND WITH TIME, THE WORLD. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LOCKWOOD & SWAIM LLC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4046977473 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3715 NORTHSIDE PARKWAY 4-300 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30327 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 226150 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 1 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 229800 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 555 FAYETTEVILLE STREET SUITE 300 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | RALEIGH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 27601 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | HR&A ADVISORS INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | DEVELOPMENT, MARKETING, ADMINISTRATIVE, |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 6032 |
| IRS990/CYOtherExpensesAmt | 0 | 330500 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -324468 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 330500 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6032 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | SEE SCHEDULE O GWINNETT COUNTY, GEORGIA (THE "COUNTY OR "GWINNETT COUNTY') HAS AN OPPORTUNITY TO DEVELOP 1800 ACRES IN THE COUNTY, LOCATED CENTRALLY BETWEEN THREE MAJOR ECONOMIC CENTERS IN THE STATE OF GEORGIA (ATLANTA, ATHENS, AND GAINESVILLE) AND EQUIDISTANT FROM THREE MAJOR RESEARCH UNIVERSITIES (THE UNIVERSITY OF GEORGIA, GEORGIA INSTITUTE OF TECHNOLOGY, AND EMORY UNIVERSITY). THE COUNTY'S VISION IS TO DEVELOP THE LAND INTO A DISTRICT FOR AGRICULTURAL, MEDICAL, ENVIRONMENTAL, AND HIGH TECHNOLOGY RESEARCH AS WELL AS RESEARCH-RELATED MANUFACTURING AND SUPPORT SERVICES (THE "DISTRICT'). THE CORPORATION WILL PROMOTE SOCIAL WELFARE, INCLUDING, BUT NOT LIMITED TO: (I) ECONOMIC DEVELOPMENT BY ATTRACTING EDUCATION, TRAINING, RESEARCH, JOB CREATION, INNOVATION, AND TRANSFORMATION TO THE CORPORATION'S PROPERTY AND THE SURROUNDING AREA; (II) ADVANCING PUBLIC HEALTH FOR THE COMMUNITY AT LARGE; (III) PROVIDING A PLACE WHERE THE LAND, ITS COLLECTIVE HISTORY, AND THE DEVELOPMENT OF IT AND THE CORPORATION'S OTHER ASSETS ARE MANAGED CONSISTENTLY AND RESPECTFULLY FOR THE BENEFIT OF THE COMMUNITY; AND (IV) REDUCING THE BURDENS OF GOVERNMENT. THE CORPORATION'S ECONOMIC DEVELOPMENT ACTIVITIES ARE TWO-FOLD: REAL-ESTATE PROGRAMMING WILL ATTRACT BUSINESS TO THE DISTRICT AND TO SURROUNDING AREAS; INNOVATION PROGRAMMING DEFINES THE WAYS IN WHICH THE CORPORATION WILL CREATE VALUE FOR THE COUNTY, THE STATE OF GEORGIA, AND PRIVATE AND INSTITUTIONAL PARTNERS, DISTINGUISHING ITSELF IN A GLOBAL INNOVATION ECONOMY. ANALYSIS OF BUSINESS AND ACADEMIC RESOURCES IN GEORGIA, AS WELL AS INTERNATIONAL PRESSURES FOR INNOVATION, REVEAL THREE INTER-RELATED AREAS OF FOCUS FOR THE DISTRICT'S TENANTS AND PROPERTY OWNERS: MEDICAL RESEARCH, TECHNOLOGY, AND APPROACHES TO PREVENTATIVE CARE; AGRICULTURAL RESEARCH, TECHNOLOGY, AND ENVIRONMENTAL SENSITIVITY; AND ENVIRONMENTAL RESEARCH AND TECHNOLOGY THAT CAN REDUCE THE IMPRINT OF ALL SECTORS ON THE ENVIRONMENT. IT IS THE INTERRELATEDNESS OF THE DISTRICT'S THREE AREAS OF FOCUS THAT WILL BE THE PRIMARY DRIVERS OF ECONOMIC DEVELOPMENT. THE DISTRICT'S DESIGN, AMENITIES, AND CHARACTER WILL APPEAL TO MANY PUBLIC AND PRIVATE INSTITUTIONS, BUT THE DISTRICT'S COMPETITIVE ADVANTAGE AND ITS ABILITY TO ADD VALUE TO GWINNETT COUNTY AND GEORGIA LIE IN THE UNIQUE COLLABORATION THAT CAN TAKE PLACE THERE. THE THREE AREAS OF FOCUS FOR THE DISTRICT- MEDICAL, AGRICULTURAL, AND ENVIRONMENTAL - ARE ALL DIRECTLY CORRELATED WITH ADVANCING PUBLIC HEALTH. EACH OF THESE AREAS OF PUBLIC HEALTH CANNOT ADVANCE WITHOUT CONSIDERATION OF ALL OF THEM. FOR INSTANCE, DIGITAL MONITORING OF CHEMICALS USED IN AGRICULTURE CAN REDUCE THE IMPACT OF CHEMICALS ON THE ENVIRONMENT AND IMPROVE THE HEALTH OF COMMUNITY MEMBERS. MORE EFFICIENT PRODUCTION OF FOOD CAN DECREASE THE AMOUNT OF LAND NEEDED FOR AGRICULTURE. THE GROWTH IN WHOLISTIC APPROACHES TO HEALTH RELY ON HEALTHY EATING AND CLEAN AIR AND WATER. NOT ONLY WILL RESEARCH AND OTHER ACTIVITIES TAKING PLACE IN THE DISTRICT FOCUS ON HEALTH AND THE ENVIRONMENT, AMONG OTHER DISCIPLINES, BUT THE DISTRICT ITSELF WILL PROMOTE HEALTHY LIFESTYLES BY DEVELOPING PARKS, WALK/RUN/BIKE PATHS AND SPACES FOR SOCIAL, BUSINESS, AND EDUCATIONAL GATHERINGS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 271310 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5379 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 5379 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10758 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 11745 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 11746 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 23491 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 34470 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 195330 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 229800 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 50300 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 50300 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | SACHIN D SHAILENDRA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | THOMAS D SENKBELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROBERT T GEOLAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SAMUEL H HINTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ROBERT T HUGHES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MASON AILSTOCK |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR, CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR, TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR, SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CEO (EX-OFFICIO, NON-VOTING) |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2020 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 6032 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InitialReturnInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 4005 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4005 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 8555 |
| IRS990/InterestGrp/TotalAmt | 0 | 8555 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 6032 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6032 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 58710401 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 58710401 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO BE A CATALYST FOR EDUCATION, RESEARCH, INNOVATION AND TRANSFORMATION THROUGH THE CREATION OF A GLOBAL DESTINATION WHICH RECOGNIZES STEWARDSHIP OF THE LAND AS THE CORNERSTONE OF AN INSPIRED COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 68472686 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -324468 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -324468 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 956 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 956 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 63 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 63 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9556824 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | BANK FEES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2194 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2194 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 356297 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 11140 |
| IRS990/PrincipalOfficerNm | 0 | SACHIN D SHAILENDRA |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -324468 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 8555 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 321945 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 58710401 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 9556824 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESTRICTED CASH AS LOAN RESERVE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 356297 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INTEREST EXPENSE PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6032 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | GAAP PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED, AND DISCLOSED IN THE FOUNDATION'S FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE IMPLICATIONS OF THESE STANDARDS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS FOR THE FOUNDATION; THEREFORE, NO TAX EXPENSE OR ACCRUALS ARE INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 9556824 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 330500 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 356297 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 6032 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 6032 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 321945 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MASON AILSTOCK, CEO (SENIOR PRINCIPAL, HR&A ADVISORS, INC.) ROBERT GEOLAS, DIRECTOR (PARTNER, HR&A ADVISORS, INC.) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORIGINAL BY-LAWS DATED SEPTEMBER 16, 2020 WERE AMENDED AND RESTATED AS OF 10/28/2020 AND ADOPTED BY THE BOARD OF DIRECTORS AT THE NOVEMBER 5, 2020 BOARD MEETING UNDER THE REQUIREMENT OF THE IRS TO REMOVE THE OPPORTUNITY TO AMEND THE "TAX-EXEMPT" PURPOSE OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A COPY OF THE FORM 990 IS PROVIDED EITHER IN PAPER OR ELECTRONIC FORMAT TO ALL BOARD MEMBERS BEFORE IT IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REQUIRED FROM ALL BOARD MEMBERS AND OFFICERS. IN ADDITION, ALL BOARD MEMBERS AND OFFICER ARE ASKED TO EXCUSE THEMSELVES FROM ALL DECISIONS THAT INVOLVE THEM PERSONALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | COMPENSATION FOR TOP MANAGEMENT OFFICIALS, OFFICERS, AND KEY EMPLOYEES IS HANDLED BY THE BOARD WITHOUT THE PARTICIPATION OF THE INDIVIDUAL INVOLVED. AT THIS TIME, THERE ARE NO EMPLOYEE OFFICERS OR KEY EMPLOYEES. PRESENTLY, THE MANAGEMENT FUNCTION IS HANDLED BY A TURN-KEY CONSULTANT. THE CONTRACT WITH THE CONSULTANT WAS ESTABLISHED AT COMPETITIVE MARKET PRICES. AT SUCH TIME AS THE CORPORATION DOES HIRE EMPLOYEES COMPENSATION LEVELS WILL BE ESTABLISHED BY A COMPENSATION COMMITTEE OF THE BOARD FOLLOWING INDUSTRY GUIDELINES AND MARKET DATA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS AND INTERNAL POLICIES ARE GIVEN TO EMPLOYEES WHEN THEY ARE HIRED BY THE ORGANIZATION AND ARE AVAILABLE WITHIN THE ORGANIZATION'S OFFICE TO THOSE WHO FALL UNDER THEIR COVENENTS, BUT AS PROPRIETARY INFORMATION OF THE ORGANIZATION, THEY AND THE FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MASON AILSTOCK, CEO (SENIOR PRINCIPAL, HR&A ADVISORS, INC.) ROBERT GEOLAS, DIRECTOR (PARTNER, HR&A ADVISORS, INC.) $229,800 MANAGEMENT SERVICES CONTRACT WITH HR&A ADVISORS, INC. MSSRS. AILSTOCK AND GEOLAS ARE PARTNERS IN THE FIRM HR&A ADVISORS WHICH PROVIDES INDEPENDENT PROFESSIONAL REAL ESTATE AND ECONOMIC DEVELOPMENT ADVISORY SERVICES TO THE ORGANIZATION. ALL TRARNSACTIONS WITH HR&A ARE ON AN ARMS-LENGTH BASIS IN THE ORDINARY COURSE OF BUSINESS WITH ROWEN'S MISSION. WITH 18 PARTNERS, MSSRS. AILSTOCK & GEOLAS DO NOT CONTROL OVER 35% OF THE FIRM, AND THEIR PERSONAL COMPENSATION IS NOT DEPENDENT ON THE MANAGEMENT CONTRACT WITH THE ROWEN FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | HR&A ADVISORS PROVIDES INDEPENDENT PROFESSIONAL REAL ESTATE AND ECONOMIC DEVELOPMENT ADVISORY SERVICES TO THE ORGANIZATION TO "... IMPROVE ECONOMIC OPPORTUNITY, QUALITY OF LIFE AND THE BUILT ENVIRONMENT FOR PEOPLE IN URBAN COMMUNITIES ..." TO CLIENTS LIKE ROWEN WHO ARE TRYING TO ADD OR MERGE PHYSICAL INFRASTRUCTURE AND SERVICES WITH COMMUNITIES "... (FOR) THE REINVENTION OF CITIES INTO VIBRANT URBAN CENTERS THAT OFFER JOBS AND SUSTAIN A HIGH QUALITY OF LIFE FOR DIVERSE COMMUNITIES" BY "... CREAT(ING) MORE EQUITABLE, RESILIENT, AND DYNAMIC COMMUNITIES. OUR WORK TURNS VISION INTO ACTION THROUGH RIGOROUS ANALYSIS, STRATEGY DEVELOPMENT, AND IMPLEMENTATION PLANNING." (HR&A ADVISORS WEBSITE) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | OPERATIONS & COMMUNICATIONS: PROGRAM SERVICE EXPENSES 50,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,300. |
| 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 B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VII, SECTION A: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VII, SECTION B: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART IX, LINE 11G |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 271310 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 330500 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 68828983 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 68828983 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
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| IRS990/TravelGrp/TotalAmt | 0 | 378 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 279 WEST CROGAN STREET |
| IRS990/USAddress/CityNm | 0 | LAWRENCEVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/USAddress/ZIPCd | 0 | 30046 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | HTTPS://WWW.ROWENLIFE.COM/ |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SACHIN D SHAILENDRA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR, CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4048210638 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-10-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ROWEN FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ROWE |
| ReturnHeader/Filer/EIN | 0 | 853049933 |
| ReturnHeader/Filer/PhoneNum | 0 | 4048210638 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 279 WEST CROGAN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAWRENCEVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30046 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 580673524 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MSTILLER LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1960 SATELLITE BLVD SUITE 3600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DULUTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30097 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7709958800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-10-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGORY W HAYES |
| ReturnHeader/ReturnTs | 0 | 2021-10-08T13:23:25-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SACHIN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SHAILENDRA |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-09-16 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.