Civic Intelligence

Skagit Valley College Foundation C-12 Campus Center Building

990 • Fiscal year 2014 • EIN 91-1012915

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 29, 2014

2405 East College Way98273

(360) 416-7821

Siviq Scores

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

Liabilities / Assets

39th percentile

0.14x

Higher debt load relative to assets than 39% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

80th percentile

1.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

25th percentile

-2.6%

Higher net margin than 25% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

15th percentile

$69,097

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

60th percentile

6.1%

Faster asset growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

23rd percentile

-5.1%

Faster revenue growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2014

Assets

Up

$12,083,521

Up $694,684 (+6.1%) from 2013

Net Assets

Up

$10,360,215

Up $762,804 (+7.9%) from 2013

Liabilities

Down

$1,723,306

Down $68,120 (-3.8%) from 2013

Revenue

$1,602,331

No earlier filing loaded for comparison.

Expenses

Up

$1,644,598

Up $499,877 (+44%) from 2013

Net Income

-$42,267

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $10,894,860Liabilities 2011: $2,187,100Net Assets 2011: $8,707,7602011Assets 2012: $10,742,978Liabilities 2012: $2,058,742Net Assets 2012: $8,684,2362012Assets 2013: $11,388,837Liabilities 2013: $1,791,426Net Assets 2013: $9,597,4112013Assets 2014: $12,083,521Liabilities 2014: $1,723,306Net Assets 2014: $10,360,2152014Assets 2015: $13,525,603Liabilities 2015: $1,543,929Net Assets 2015: $11,981,6742015Assets 2016: $14,324,968Liabilities 2016: $1,690,763Net Assets 2016: $12,634,2052016Assets 2017: $15,065,243Liabilities 2017: $1,493,625Net Assets 2017: $13,571,6182017Assets 2018: $17,417,113Liabilities 2018: $1,412,625Net Assets 2018: $16,004,4882018Assets 2020: $19,270,496Liabilities 2020: $1,093,662Net Assets 2020: $18,176,8342020Assets 2021: $22,764,400Liabilities 2021: $850,242Net Assets 2021: $21,914,1582021Assets 2022: $21,510,181Liabilities 2022: $887,759Net Assets 2022: $20,622,4222022Assets 2023: $25,435,050Liabilities 2023: $558,798Net Assets 2023: $24,876,2522023Assets 2024: $28,822,945Liabilities 2024: $451,795Net Assets 2024: $28,371,1502024Assets 2025: $30,860,302Liabilities 2025: $490,935Net Assets 2025: $30,369,3672025

Highlighted filing

2014

Assets$12,083,521
Liabilities$1,723,306
Net Assets$10,360,215

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,877,757Expenses 2011: $1,078,409Net Income 2011: $799,3482011Expenses 2012: $1,215,1622012Expenses 2013: $1,144,7212013Revenue 2014: $1,602,331Expenses 2014: $1,644,598Net Income 2014: -$42,2672014Revenue 2015: $2,499,641Expenses 2015: $978,634Net Income 2015: $1,521,0072015Revenue 2016: $2,748,110Expenses 2016: $1,786,021Net Income 2016: $962,0892016Revenue 2017: $1,895,090Expenses 2017: $1,904,899Net Income 2017: -$9,8092017Revenue 2018: $4,214,994Expenses 2018: $2,329,993Net Income 2018: $1,885,0012018Revenue 2020: $3,494,212Expenses 2020: $1,855,924Net Income 2020: $1,638,2882020Revenue 2021: $3,336,933Expenses 2021: $2,325,138Net Income 2021: $1,011,7952021Revenue 2022: $4,966,852Expenses 2022: $2,304,803Net Income 2022: $2,662,0492022Revenue 2023: $5,969,491Expenses 2023: $2,374,698Net Income 2023: $3,594,7932023Revenue 2024: $5,201,128Expenses 2024: $3,172,569Net Income 2024: $2,028,5592024Revenue 2025: $4,366,714Expenses 2025: $3,486,667Net Income 2025: $880,0472025

Highlighted filing

2014

Revenue$1,602,331
Expenses$1,644,598
Net Income-$42,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 29, 2014
Return Version
2013v4.0
Gross Receipts
$1,655,990
Mission and Program Overview

Mission

Secure donations to enhance education at Skagit Valley College through scholarships, grants, and institutional support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,818,504$9,543,043▲ $724,539
Land, Buildings, and Equipment, Net$1,792,899$1,813,858▲ $20,959
Savings and Temporary Cash Investments$725,224$689,206▼ $36,018
Prepaid Expenses and Deferred Charges$7,515$7,511▼ $4
Accounts Receivable$19,571$6,646▼ $12,925
Total Assets$11,388,837$12,083,521▲ $694,684
Other Assets Total$25,124$23,257▼ $1,867
Liabilities
Tax Exempt Bond Liabilities$1,616,336$1,488,487▼ $127,849
Other Liabilities$131,508$135,475▲ $3,967
Accounts Payable and Accrued Expenses$43,582$99,344▲ $55,762
Total Liabilities$1,791,426$1,723,306▼ $68,120
Net Assets / Fund Balance
Permanently Rstr Net Assets$8,424,421$9,172,455▲ $748,034
Temporarily Rstr Net Assets$954,682$1,006,872▲ $52,190
Unrestricted Net Assets$218,308$180,888▼ $37,420
Total Net Assets Fund Balance$9,597,411$10,360,215▲ $762,804
Total Liabilities and Net Assets / Fund Balance$11,388,837$12,083,521▲ $694,684

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,192,772$1,299,157$2,491,929
Land$608,266-$608,266
Equipment$12,820$259,981$272,801

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$8,424,421$162,876▲ $955,133$583$9,172,455
2012$7,621,140$146,826▲ $918,049$3,012$8,424,421
2011$7,594,492$268,072▲ $52,139$48,000$7,621,140
2010$6,054,604$714,688▲ $1,076,098$43,987$7,594,492
2009$5,181,976$74,863▲ $696,855$15,342$6,054,604
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Carl YoungExecutive DirectorFT$69,097$69,097

Board Members and Trustees

NameTitle
Kathryn BennettPast President
Jeffrey PleetPresident
Heather HernandezVice President
Don KeltzGovernor
Janie BeasleyGovernor
Kathy DollGovernor
Pam AllanGovernor
MEGAN SCOTT O'BRYANSecretary
Tom HarkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$721,286
Program Service Revenue
$617,928
Investment Income
$194,595
Other Revenue
$68,522
All Other Contributions
$681,575
Change in Net Assets
$-42,267

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table31$97,627
Cars and Other Vehicles9$24,499
Total Noncash Contributions40$122,126

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,613,322
Revenue Not Reported on Financial Statements
$-10,991
Revenue Not Reported on Form 990
$847,739
Other Revenue Adjustments
$-10,991
Total Revenue per Audited Statements
$2,461,061
Total Revenue per Form 990
$1,602,331
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$761,378
Other Expenses$560,360
Salaries, Compensation, and Employee Benefits$322,860
Total Fundraising Expense$92,590
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$400,354--$400,354
Grants to Domestic Orgs$361,024--$361,024
Other Salaries and Wages$119,923$40,572$58,667$219,162
Other Employee Benefits$48,283$18,430$22,519$89,232
Depreciation Depletion$79,493$3,042-$82,535
Interest$62,750--$62,750
Other Expenses$47,700$1,187$0$48,887
Fees for Services Other-$32,118-$32,118
Insurance$22,286$4,563-$26,849
All Other Expenses$4,392$13,068$6,582$24,042
Current Officers, Directors, Trustees, and Key Employees$4,822$4,822$4,822$14,466
Occupancy-$8,773-$8,773
Fees for Services Accounting$5,525--$5,525
Office Expenses-$2,302-$2,302
Total Functional Expenses$1,401,174$150,834$92,590$1,644,598

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,698,257
Expenses per Audited Statements$1,644,598
Total Expenses per Form 990$1,644,598
Expenses Not Reported on Form 990$53,659
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
91-0822539-3Aid for College Programs$245,480
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$111,190
Fundraising Direct Expenses$42,668
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$103,737$96,190$11,768$84,422
Event 2$47,164$15,000$3,031$11,969
Total Events$150,901$111,190$42,668$68,522
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Life Income Annuities Payable$82,200
Tenant Deposits & Prepaid Rent$53,275

Bond Issues

BondIssuerIssuedIssue PricePurpose
A-2012-12-06$1,640,000-

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
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
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, Section B, Line 11

The foundation accountant reviews the form 990 prior to submission to the executive director for his review and signature. The accountant responds to governing board requests for form 990 information on a request basis.

Form 990, Part VI, Section B, Line 12C

Each covered person completes and/or updates a conflict of interest questionnaire at the beginning of their term or as relevant changes occur. Contracts are regularly reviewed for identity to see if any board members, directors, or key employees are involved.

Form 990, Part VI, Section B, Line 15B

All employees are employees of skagit valley college and as such, the compensation process is handled by the colleges' human resources department which assesses base compensation of other like persons. Compensation is reviewed periodically and compared to employees in similar positions within the community and technical college system in washington state. The board of governors approves foundation employee salaries annually as part of the fiscal year budget in order to remain fiscally responsible to funders and donors.

Form 990, Part VI, Section C, Line 19

Form 990 is available on www.guidestar.org the yearly audit is available upon request, and an annual report is published and made available to the public.

Filing and Contact Details

Filer

EIN
91-1012915
Phone
3604167821

Signing Officer

Name
Officer
Title
Executive Director
Phone
3604167821
Signed
2014-12-29

Organization Details

Principal Officer
Carl Young
Formed
1978
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
100

Preparer

Preparer
Daniel Obbink-cpa
Phone
3607344280
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation is a tax-exempt organization and is not subject to federal or state income taxes, except for unrelated business income, in accordance with section 501(c)(3) of the internal revenue code. Unrelated business income tax, if any, is insignificant and no tax provision has been made in the accompanying financial statements. The foundation recognizes interest and penalties, if any, related to income tax matters in operating expenses. The foundation had no unrecognized tax benefits at june 30, 2014 and 2013. No provision for federal income tax has been made since there are presently no activities that are taxable. The foundation files irs form 990 which is open for irs examination for three years after the filing due date.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses

PART XI, LINE 4B - OTHER ADJUSTMENTS:

LOSS ON SALE OF ASSET

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Loss on sale of asset direct fundraising expenses

Raw XML AppendixShowing 400 of 617 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/Form990PartVIISectionAGrp/TitleTxt2GOVERNOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08818504
IRS990/InvestmentsPubTradedSecGrp/EOYAmt09543043
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01559138
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01792899
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01813858
IRS990/LandBldgEquipCostOrOtherBssAmt03372996
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010991
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SECURE DONATIONS TO ENHANCE EDUCATION AT SKAGIT VALLEY COLLEGE THROUGH SCHOLARSHIPS, GRANTS, AND INSTITUTIONAL SUPPORT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09597411
IRS990/NetAssetsOrFundBalancesEOYAmt010360215
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-10991
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-10991
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt068522
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt068522
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0805071
IRS990/NoncashContributionsAmt0122126
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08773
IRS990/OccupancyGrp/TotalAmt08773
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02302
IRS990/OfficeExpensesGrp/TotalAmt02302
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025124
IRS990/OtherAssetsTotalGrp/EOYAmt023257
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt022519
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018430
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048283
IRS990/OtherEmployeeBenefitsGrp/TotalAmt089232
IRS990/OtherExpensesGrp/Desc0UTILITIES & TELEPHONE
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3AWARDS & RECOGNITION
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02809
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119148
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21187
IRS990/OtherExpensesGrp/ProgramServicesAmt0115480
IRS990/OtherExpensesGrp/ProgramServicesAmt178915
IRS990/OtherExpensesGrp/ProgramServicesAmt250227
IRS990/OtherExpensesGrp/ProgramServicesAmt347700
IRS990/OtherExpensesGrp/TotalAmt0118289
IRS990/OtherExpensesGrp/TotalAmt178915
IRS990/OtherExpensesGrp/TotalAmt269375
IRS990/OtherExpensesGrp/TotalAmt348887
IRS990/OtherLiabilitiesGrp/BOYAmt0131508
IRS990/OtherLiabilitiesGrp/EOYAmt0135475
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt058667
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040572
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0119923
IRS990/OtherSalariesAndWagesGrp/TotalAmt0219162
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt08424421
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt09172455
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07515
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07511
IRS990/PrincipalOfficerNm0CARL YOUNG
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT HOUSING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0617928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0617928
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED HOUSING AND RESIDENTIAL PROGRAMS FOR OVER 145 STUDENTS AT SKAGIT VALLEY COLLEGE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0485736
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0617928
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0397888
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0375345
IRS990/PYInvestmentIncomeAmt0162286
IRS990/PYOtherExpensesAmt0590613
IRS990/PYOtherRevenueAmt0104591
IRS990/PYProgramServiceRevenueAmt0593523
IRS990/PYRevenuesLessExpensesAmt0113567
IRS990/PYSalariesCompEmpBnftPaidAmt0178763
IRS990/PYTotalExpensesAmt01144721
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01258288
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-42267
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0725224
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0689206
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0532286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0397888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0433732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0412618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0226591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02003115
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0205586
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0162286
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0158531
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0166737
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0177901
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0871041
IRS990ScheduleA/PublicSupportCY170Pct00.50470
IRS990ScheduleA/PublicSupportPY170Pct00.49930
IRS990ScheduleA/PublicSupportTotal170Amt01450530
IRS990ScheduleA/SubstantialContributorsTotAmt0552585
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0532286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0397888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0433732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0412618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0226591
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02003115
IRS990ScheduleA/TotalSupportAmt02874156
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.29000
IRS990ScheduleD/BuildingsGrp/BookValueAmt01192772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01299157
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02491929
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0109361
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08424421
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0162876
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt09172455
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0260031
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0955133
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0583
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt087348
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07621140
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0146826
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08424421
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0171234
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0918049
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt03012
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt068013
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07594492
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0268072
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07621140
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0177550
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt052139
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt048000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt083609
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06054604
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0714688
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07594492
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0123302
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01076098
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt043987
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt078614
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05181976
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt074863
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06054604
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0194866
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0696855
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt015342
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012820
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0259981
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0272801
IRS990ScheduleD/ExpensesNotReportedAmt053659
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01644598
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0608266
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0608266
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0805071
IRS990ScheduleD/OtherExpensesIncludedAmt053659
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt153275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIFE INCOME ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS & PREPAID RENT
IRS990ScheduleD/OtherRevenueAmt042668
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-10991
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.71000
IRS990ScheduleD/RevenueNotReportedAmt0847739
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-10991
IRS990ScheduleD/RevenueSubtotalAmt01613322
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AND IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES, EXCEPT FOR UNRELATED BUSINESS INCOME, IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. THE FOUNDATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2014 AND 2013. NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN MADE SINCE THERE ARE PRESENTLY NO ACTIVITIES THAT ARE TAXABLE. THE FOUNDATION FILES IRS FORM 990 WHICH IS OPEN FOR IRS EXAMINATION FOR THREE YEARS AFTER THE FILING DUE DATE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON SALE OF ASSET

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$30.9$0.49$30.4$4.37$3.49$0.88
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.8$0.45$28.4$5.20$3.17$2.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.4$0.56$24.9$5.97$2.37$3.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$0.89$20.6$4.97$2.30$2.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.8$0.85$21.9$3.34$2.33$1.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$1.09$18.2$3.49$1.86$1.64
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$1.41$16.0$4.21$2.33$1.89
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.1$1.49$13.6$1.90$1.90$0.01
2016Detailed filing. Detailed filing data is available for this year.$14.3$1.69$12.6$2.75$1.79$0.96
2015Detailed filing. Detailed filing data is available for this year.$13.5$1.54$12.0$2.50$0.98$1.52
2014Detailed filing. Detailed filing data is available for this year.$12.1$1.72$10.4$1.60$1.64$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$1.79$9.60$1.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$2.06$8.68$1.22
2011Summary only. Only limited summary data is available for this year.$10.9$2.19$8.71$1.88$1.08$0.80