Civic Intelligence

Berea College Leverage Lender Inc.

990EZ • Fiscal year 2022 • EIN 85-3642997

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 21, 2023

Organization ProfileN/A
101 Chestnut StreetBerea, KY 40404

(859) 985-3758

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$95,110

No earlier filing loaded for comparison.

Net Assets

$95,110

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin100th percentile

Revenue

$57,546

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$57,546

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2022: $95,110Liabilities 2022: $0Net Assets 2022: $95,1102022Assets 2023: $5,907,217Liabilities 2023: $5,754,561Net Assets 2023: $152,6562023Assets 2024: $5,964,762Liabilities 2024: $5,754,561Net Assets 2024: $210,2012024

Highlighted filing

2022

Assets$95,110
Liabilities$0
Net Assets$95,110
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0Revenue 2022: $57,546Expenses 2022: $0Net Income 2022: $57,5462022Revenue 2023: $57,546Expenses 2023: $0Net Income 2023: $57,5462023Revenue 2024: $57,545Expenses 2024: $0Net Income 2024: $57,5452024

Highlighted filing

2022

Revenue$57,546
Expenses$0
Net Income$57,546
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 21, 2023
Return Version
2021v4.2
Gross Receipts
$57,546
Mission and Program Overview

Mission

Berea college leverage lender, inc., was formed to facilitate a new markets tax credit financed transaction that will be used to construct a new facilities management and student labor complex on the the campus of berea college.

Program Services

DescriptionGrantsExpenses
BEREA COLLEGE LEVERAGE LENDER, INC. WAS ORGANIZED BY BEREA COLLEGE TO FACILITATE A NEW MARKETS TAX CREDIT FINANCING TRANSACTION TO PARTIALLY FUND THE CONSTRUCTION OF THE COLLEGE'S FACILITIES MANAGEMENT AND STUDENT LABOR COMPLEX.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROELOFS LYLE DPresident/Director-$0--
AMBURGEY JEFFREY STreasurer/Director-$0--
WILSON II JUDGE BSecretary/Director-$0--
FRALEY BRUCEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Berea College Leverage Lender Inc
EIN
85-3642997
Phone
8599853758
Address
101 Chestnut Street, Berea, KY 40404

Signing Officer

Name
Jeffrey Amburgey
Title
Treasurer
Phone
8599853758
Signed
2023-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Crowe Llp
Address
9600 Brownsboro Road Suite 400, Louisville, KY 40241-3902
Preparer
Rachel Spurlock
Phone
5023263996
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

“Berea college leverage lender, inc., was formed to facilitate a new markets tax credit financed transaction that will be used to construct a new facilities management and student labor complex on the the campus of berea college.”

Raw XML Appendix151 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEREA
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040404
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramServiceRevenueAmt057546
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
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IRS990ScheduleA/SupportSumAmt00
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY AMBURGEY
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ReturnHeader/BusinessOfficerGrp/PhoneNum08599853758
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-21
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ReturnHeader/Filer/BusinessNameControlTxt0BERE
ReturnHeader/Filer/EIN0853642997
ReturnHeader/Filer/PhoneNum08599853758
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 Chestnut Street
ReturnHeader/Filer/USAddress/CityNm0Berea
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040404
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0350921680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CROWE LLP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Louisville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402413902
ReturnHeader/PreparerPersonGrp/PhoneNum05023263996
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RACHEL SPURLOCK
ReturnHeader/ReturnTs02023-04-21T18:00:07+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AMBURGEY
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$95,110
Liabilities
$0
Net assets
$95,110
Revenue
$57,546
Expenses
$0
Net income
$57,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.96$5.75$0.21$0.06$0.00$0.06
2023Detailed filing. Detailed filing data is available for this year.$5.91$5.75$0.15$0.06$0.00$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.06$0.00$0.06