Civic Intelligence

Franklin Phonetic Primary School Inc.

990 • Fiscal year 2020 • EIN 86-0826006

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 01, 2021

Organization Profilefranklinphoneticschool.com
6116 AZ 69Prescott Valley, AZ 86314

(928) 775-6747

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

1.37x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

32nd percentile

-1.7%

Higher net margin than 32% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$78,501

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

38th percentile

2.4%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

4.9%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$7,461,732

Up $177,332 (+2.4%) from 2019

Net Assets

Down

$375,702

Down $88,583 (-19%) from 2019

Liabilities

Up

$7,086,030

Up $265,915 (+3.9%) from 2019

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin32nd percentile

Revenue

Up

$5,179,091

Up $242,456 (+4.9%) from 2019

Expenses

Down

$5,267,674

Down $444,645 (-7.8%) from 2019

Net Income

Up

-$88,583

Up $687,101 (+89%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$10M$5.0M$0Assets 2011: $4,549,860Liabilities 2011: $3,813,840Net Assets 2011: $736,0202011Assets 2012: $4,451,011Liabilities 2012: $3,823,621Net Assets 2012: $627,3902012Assets 2013: $4,974,463Liabilities 2013: $4,313,188Net Assets 2013: $661,2752013Assets 2014: $5,215,548Liabilities 2014: $4,273,630Net Assets 2014: $941,9182014Assets 2015: $5,097,016Liabilities 2015: $4,191,109Net Assets 2015: $905,9072015Assets 2016: $5,423,282Liabilities 2016: $4,106,274Net Assets 2016: $1,317,0082016Assets 2017: $5,149,149Liabilities 2017: $3,845,700Net Assets 2017: $1,303,4492017Assets 2018: $7,562,876Liabilities 2018: $6,250,554Net Assets 2018: $1,312,3222018Assets 2019: $7,284,400Liabilities 2019: $6,820,115Net Assets 2019: $464,2852019Assets 2020: $7,461,732Liabilities 2020: $7,086,030Net Assets 2020: $375,7022020Assets 2021: $7,385,331Liabilities 2021: $6,410,211Net Assets 2021: $975,1202021Assets 2022: $8,279,400Liabilities 2022: $6,372,074Net Assets 2022: $1,907,3262022Assets 2023: $8,131,386Liabilities 2023: $6,492,650Net Assets 2023: $1,638,7362023Assets 2024: $7,572,137Liabilities 2024: $6,483,211Net Assets 2024: $1,088,9262024Assets 2025: $7,196,563Liabilities 2025: $6,255,579Net Assets 2025: $940,9842025

Highlighted filing

2020

Assets$7,461,732
Liabilities$7,086,030
Net Assets$375,702
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,051,114Expenses 2011: $3,134,549Net Income 2011: -$83,4352011Revenue 2012: $3,061,911Expenses 2012: $3,170,540Net Income 2012: -$108,6292012Expenses 2013: $3,257,3262013Revenue 2014: $3,307,422Expenses 2014: $3,026,779Net Income 2014: $280,6432014Revenue 2015: $3,765,720Expenses 2015: $3,801,731Net Income 2015: -$36,0112015Revenue 2016: $4,069,695Expenses 2016: $3,977,705Net Income 2016: $91,9902016Revenue 2017: $4,436,603Expenses 2017: $4,450,162Net Income 2017: -$13,5592017Revenue 2018: $4,755,730Expenses 2018: $4,746,857Net Income 2018: $8,8732018Revenue 2019: $4,936,635Expenses 2019: $5,712,319Net Income 2019: -$775,6842019Revenue 2020: $5,179,091Expenses 2020: $5,267,674Net Income 2020: -$88,5832020Revenue 2021: $6,596,146Expenses 2021: $5,996,728Net Income 2021: $599,4182021Revenue 2022: $7,031,243Expenses 2022: $6,099,037Net Income 2022: $932,2062022Revenue 2023: $6,270,387Expenses 2023: $6,538,977Net Income 2023: -$268,5902023Revenue 2024: $5,963,039Expenses 2024: $6,434,939Net Income 2024: -$471,9002024Revenue 2025: $5,859,633Expenses 2025: $6,007,575Net Income 2025: -$147,9422025

Highlighted filing

2020

Revenue$5,179,091
Expenses$5,267,674
Net Income-$88,583
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 1, 2021
Return Version
2019v5.0
Gross Receipts
$5,179,091
Mission and Program Overview

Mission

The mission of the School is to teach all children how to read, spell, and express themselves at abilities on or above their chronological grade level.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,218,630$5,284,876▲ $66,246
Cash and Non-Interest-Bearing Accounts$272,219$634,876▲ $362,657
Receivables From Officers Etc$175,726$112,861▼ $62,865
Pledges and Grants Receivable$68,918$75,024▲ $6,106
Prepaid Expenses and Deferred Charges$34,621$32,845▼ $1,776
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,284,400$7,461,732▲ $177,332
Other Assets Total$1,514,286$1,321,250▼ $193,036
Liabilities
Tax Exempt Bond Liabilities$5,996,454$6,018,119▲ $21,665
Deferred Revenue-$534,309-
Accounts Payable and Accrued Expenses$633,520$343,461▼ $290,059
Mortgage Notes Payable Secured by Investment Property$190,141$190,141→ $0
Total Liabilities$6,820,115$7,086,030▲ $265,915
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$464,285$375,702▼ $88,583
Total Net Assets Fund Balance$464,285$375,702▼ $88,583
Total Liabilities and Net Assets / Fund Balance$7,284,400$7,461,732▲ $177,332

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,038,771$1,199,412-
Other Land Buildings$302,895$128,661-
Land$2,792,927--
Equipment$138,915$546,450-
Leasehold Improvements$11,368$35,934-
Other Assets Org$820--
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Christina GabaldonDirectorFT$78,501$78,501
Becky FitchDirectorFT$77,010$77,010
Alison AlvaDirectorFT$72,300$72,300
Cynthia FranklinPresidentFT$50,834$50,834
Tom FranklinSecretaryFT$44,336$44,336
Melanie FranklinDirectorPT$10,808$10,808

Board Members and Trustees

NameTitle
Neil WrightDirector
Audrey WrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$847,291
Program Service Revenue
$4,177,377
Investment Income
$1,317
Other Revenue
$153,106
All Other Contributions
$27,170
Change in Net Assets
$-88,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,179,091
Total Revenue per Audited Statements
$5,179,091
Total Revenue per Form 990
$5,179,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,403,599
Other Expenses$1,864,075
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,158,570$316,951-$2,475,521
All Other Expenses$349,069$53,864-$402,933
Interest$402,426--$402,426
Current Officers, Directors, Trustees, and Key Employees$250,681$83,108-$333,789
Pension Plan Contributions$237,712$13,639-$251,351
Payroll Taxes$206,254$11,493-$217,747
Other Expenses$213,774$245,535-$213,774
Other Employee Benefits$97,322$27,869-$125,191
Total Functional Expenses$4,515,215$752,459$0$5,267,674

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,267,674
Total Expenses per Audited Statements$5,267,674
Total Expenses per Form 990$5,267,674
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Franklin Educational DistSame MgtLanguage Arts CourseNo$6,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$175,726$112,861▼ $62,865
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AArizona Indust Dev Auth2017-07-01$6,715,000Refinance debt, new constructi

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
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
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Members of the board of directors are related.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Board reviews all tax filings and public documents before filing or releasing to the public.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The Board periodically reviews the conflict of interest policy to help ensure compliance.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The principal officer of the School provides services and is daily and consistently employee of the school.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“A key employee is also a Director of the corporation. They provide daily services for the school and is compensated accordingly.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Board makes all public documents available to the public upon reasonable request by the public.”

Filing and Contact Details

Filer

Filer Name
Franklin Phonetic Charter School Inc
EIN
86-0826006
Phone
9287756747
Address
6116 AZ 69, PRESCOTT VALLEY, AZ 86314

Signing Officer

Name
Cynthia Franklin
Title
President
Signed
2021-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Franklin
Formed
1995
Legal Domicile
Az
Voting Board Members
8
Independent Board Members
4
Employees
138
Volunteers
25

Preparer

Firm
Seely Mullins & Associates PC
Address
7141 N 51st Avenue Suite C, Glendale, AZ 85301
Preparer
Loren I Greenberg CPA
Phone
6239397581
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt014250
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt014250
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0464285
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0375702
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01514286
IRS990/OtherAssetsTotalGrp/EOYAmt01321250
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027869
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt097322
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125191
IRS990/OtherExpensesGrp/Desc0OPERATION & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SCHOOL ADMINISTRATION
IRS990/OtherExpensesGrp/Desc2INSTRUCTION
IRS990/OtherExpensesGrp/Desc3STUDENT SUPPORT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0245535
IRS990/OtherExpensesGrp/ProgramServicesAmt0362608
IRS990/OtherExpensesGrp/ProgramServicesAmt1236799
IRS990/OtherExpensesGrp/ProgramServicesAmt2213774
IRS990/OtherExpensesGrp/TotalAmt0362608
IRS990/OtherExpensesGrp/TotalAmt1245535
IRS990/OtherExpensesGrp/TotalAmt2236799
IRS990/OtherExpensesGrp/TotalAmt3213774
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0138856
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0138856
IRS990/OtherRevenueTotalAmt0138856
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0316951
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02158570
IRS990/OtherSalariesAndWagesGrp/TotalAmt02475521
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011493
IRS990/PayrollTaxesGrp/ProgramServicesAmt0206254
IRS990/PayrollTaxesGrp/TotalAmt0217747
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013639
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0237712
IRS990/PensionPlanContributionsGrp/TotalAmt0251351
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt068918
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt075024
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034621
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032845
IRS990/PrincipalOfficerNm0CYNTHIA FRANKLIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0STATE EQUALIZATION-STATE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04177377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04177377
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0754514
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04311
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02035320
IRS990/PYOtherRevenueAmt0212921
IRS990/PYProgramServiceRevenueAmt03964889
IRS990/PYRevenuesLessExpensesAmt0-775684
IRS990/PYSalariesCompEmpBnftPaidAmt03676999
IRS990/PYTotalExpensesAmt05712319
IRS990/PYTotalRevenueAmt04936635
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0175726
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0112861
IRS990/ReconcilationRevenueExpnssAmt0-88583
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt014250
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02038771
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01199412
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03238183
IRS990ScheduleD/EquipmentGrp/BookValueAmt0138915
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0546450
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0685365
IRS990ScheduleD/ExpensesSubtotalAmt05267674
IRS990ScheduleD/LandGrp/BookValueAmt02792927
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02792927
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011368
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035934
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt047302
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01320430
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1820
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Bond Reserve Funds
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1EMPLOYEE ADVANCE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0302895
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0128661
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0431556
IRS990ScheduleD/RevenueSubtotalAmt05179091
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05284876
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01321250
IRS990ScheduleD/TotalExpensesPerForm990Amt05267674
IRS990ScheduleD/TotalRevenuePerForm990Amt05179091
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05179091
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05267674
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-07-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt06715000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0ARIZONA INDUST DEV AUTH
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFINANCE DEBT, NEW CONSTRUCTI
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/RemedialActionTakenInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0FRANKLIN EDUCATIONAL DIST
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SAME MGT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LANGUAGE ARTS COURSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0112861
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,461,732
Liabilities
$7,086,030
Net assets
$375,702
Revenue
$5,179,091
Expenses
$5,267,674
Net income
-$88,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.20$6.26$0.94$5.86$6.01$0.15
2024Detailed filing. Detailed filing data is available for this year.$7.57$6.48$1.09$5.96$6.43$0.47
2023Detailed filing. Detailed filing data is available for this year.$8.13$6.49$1.64$6.27$6.54$0.27
2022Detailed filing. Detailed filing data is available for this year.$8.28$6.37$1.91$7.03$6.10$0.93
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.39$6.41$0.98$6.60$6.00$0.60
2020Detailed filing. Detailed filing data is available for this year.$7.46$7.09$0.38$5.18$5.27$0.09
2019Detailed filing. Detailed filing data is available for this year.$7.28$6.82$0.46$4.94$5.71$0.78
2018Detailed filing. Detailed filing data is available for this year.$7.56$6.25$1.31$4.76$4.75$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.15$3.85$1.30$4.44$4.45$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.42$4.11$1.32$4.07$3.98$0.09
2015Detailed filing. Detailed filing data is available for this year.$5.10$4.19$0.91$3.77$3.80$0.04
2014Detailed filing. Detailed filing data is available for this year.$5.22$4.27$0.94$3.31$3.03$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$4.31$0.66$3.26
2012Summary only. Only limited summary data is available for this year.$4.45$3.82$0.63$3.06$3.17$0.11
2011Summary only. Only limited summary data is available for this year.$4.55$3.81$0.74$3.05$3.13$0.08