Civic Intelligence

Queens College Special Projects Fund Inc.

990 • Fiscal year 2013 • EIN 91-1917512

Jul 01, 2012 to Jun 30, 2013 • Filed on Mar 26, 2014

65-30 Kissena BlvdKIELY 1305 Suite11367-1597
Siviq Scores

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

Liabilities / Assets

95th percentile

1.12x

Higher debt load relative to assets than 95% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

9th percentile

-5.4%

Faster asset growth than 9% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$70,134,232

Down $4,004,267 (-5.4%) from 2012

Net Assets

Down

-$8,204,316

Down $726,388 (-9.7%) from 2012

Liabilities

Down

$78,338,548

Down $3,277,879 (-4.0%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$7,259,532

Down $842,982 (-10%) from 2012

Net Income

-

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.

$100M$50M$0-$50MAssets 2010: $74,049,691Liabilities 2010: $77,736,259Net Assets 2010: -$3,686,5682010Assets 2011: $71,540,156Liabilities 2011: $76,792,262Net Assets 2011: -$5,252,1062011Assets 2012: $74,138,499Liabilities 2012: $81,616,427Net Assets 2012: -$7,477,9282012Assets 2013: $70,134,232Liabilities 2013: $78,338,548Net Assets 2013: -$8,204,3162013Assets 2014: $68,033,908Liabilities 2014: $76,735,213Net Assets 2014: -$8,701,3052014Assets 2015: $62,633,536Liabilities 2015: $73,387,036Net Assets 2015: -$10,753,5002015Assets 2016: $61,237,645Liabilities 2016: $72,203,379Net Assets 2016: -$10,965,7342016Assets 2017: $60,444,576Liabilities 2017: $71,212,937Net Assets 2017: -$10,768,3612017Assets 2018: $59,127,378Liabilities 2018: $69,971,830Net Assets 2018: -$10,844,4522018Assets 2019: $57,491,173Liabilities 2019: $68,605,221Net Assets 2019: -$11,114,0482019Assets 2020: $55,677,615Liabilities 2020: $68,257,400Net Assets 2020: -$12,579,7852020Assets 2021: $55,665,535Liabilities 2021: $65,652,180Net Assets 2021: -$9,986,6452021Assets 2022: $53,656,603Liabilities 2022: $64,127,396Net Assets 2022: -$10,470,7932022Assets 2023: $50,579,112Liabilities 2023: $62,311,631Net Assets 2023: -$11,732,5192023Assets 2024: $48,268,541Liabilities 2024: $60,659,174Net Assets 2024: -$12,390,6332024Assets 2025: $45,473,603Liabilities 2025: $58,260,354Net Assets 2025: -$12,786,7512025

Highlighted filing

2013

Assets$70,134,232
Liabilities$78,338,548
Net Assets-$8,204,316

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $5,257,951Expenses 2010: $6,483,681Net Income 2010: -$1,225,7302010Revenue 2011: $5,994,679Expenses 2011: $7,570,440Net Income 2011: -$1,575,7612011Expenses 2012: $8,102,5142012Expenses 2013: $7,259,5322013Revenue 2014: $6,871,622Expenses 2014: $7,368,611Net Income 2014: -$496,9892014Revenue 2015: $6,040,250Expenses 2015: $8,092,445Net Income 2015: -$2,052,1952015Revenue 2016: $6,524,372Expenses 2016: $6,736,606Net Income 2016: -$212,2342016Revenue 2017: $6,913,665Expenses 2017: $6,716,292Net Income 2017: $197,3732017Revenue 2018: $7,154,726Expenses 2018: $7,230,817Net Income 2018: -$76,0912018Revenue 2019: $7,274,231Expenses 2019: $7,543,827Net Income 2019: -$269,5962019Revenue 2020: $6,439,846Expenses 2020: $7,905,583Net Income 2020: -$1,465,7372020Revenue 2021: $9,401,757Expenses 2021: $6,808,617Net Income 2021: $2,593,1402021Revenue 2022: $7,071,081Expenses 2022: $7,555,229Net Income 2022: -$484,1482022Revenue 2023: $6,033,000Expenses 2023: $7,294,726Net Income 2023: -$1,261,7262023Revenue 2024: $6,638,360Expenses 2024: $7,296,474Net Income 2024: -$658,1142024Revenue 2025: $6,927,678Expenses 2025: $7,323,796Net Income 2025: -$396,1182025

Highlighted filing

2013

Revenue-
Expenses$7,259,532
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Mar 26, 2014
Return Version
2012v2.3
Gross Receipts
$6,464,787
Mission and Program Overview

Mission

The fund's primary exempt purpose is to support, promote, and foster the educational mission of its parent organization, queens college of the cuny.

Filing and Contact Details

Filer

EIN
91-1917512
Raw XML AppendixShowing 400 of 773 raw XML fields

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IRS990ScheduleA/GeneralExplanation0QUEENS SPECIAL PROJECTS FUND, INC. RECEIVED ITS IRS TAX EXEMPTION BACK IN 1998. AT THAT TIME, THE PROJECTED ACTIVITIES OF THE ORGANIZATION WERE NOT FIRMLY ESTABLISHED AND THE PUBLIC CHARITY STATUS, SECTION 170(B)(1)(A)(IV) WAS THE MOST APPROPRIATE DESIGNATION. THIS ORGANIZATION WAS DORMANT FOR ABOUT TEN YEARS, UNTIL THE CITY UNIVERSITY OF NEW YORK ESTABLISHED Q STUDENT RESIDENCES, LLC TO ACQUIRE TITLE TO, LEASE, CONSTRUCT AND MAINTAIN REAL PROPERTY AND PHYSICAL FACILITIES FOR THE BENEFIT OF THE COLLEGE. THIS ENTITY WAS ESTABLISHED AS A 100% SUBSIDIARY OF QUEENS SPECIAL PROJECTS FUND. SINCE THE OPENING OF THE STUDENT HOUSING FACILITY IN 2009, THE ORGANIZATION'S PRIMARY REVENUE SOURCE IS FROM ROOM AND BOARD/HOUSING FEES FROM STUDENTS ATTENDING QUEENS COLLEGE. IN EXCESS OF 90% OF THE ORGANIZATION'S PRIMARY REVENUE COMES FROM AN ACTIVE TRADE OR BUSINESS; THE ORGANIZATION DOES NOT RECEIVE ANY PUBLIC FUNDING AND DOES NOT SOLICIT CONTRIBUTIONS FROM THE PUBLIC. ACCORDINGLY, PUBLIC CHARITY STATUS AS A PUBLICLY SUPPORTED ORGANIZATION IS NO LONGER APPROPRIATE. ON THIS FORM 990, THE ORGANIZATION HAS ELECTED TO CHANGE ITS STATUS FROM A SECTION 170(B)(1)(A)(IV) ORGANIZATION TO SECTION 509(A)(2) ORGANIZATION. THIS ORGANIZATION BELIEVES THIS CHARITY STATUS MORE ACCURATELY REFLECTS THE ORGANIZATION'S DAY-TO-DAY ACTIVITIES.
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IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years0288583
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years076590
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years0102468
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total01167003
IRS990ScheduleA/InvestmentIncomePercentage00.04857
IRS990ScheduleA/NetIncomeFromOtherUBI/Total00
IRS990ScheduleA/OtherIncome509/CurrentTaxYear072287
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year00
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years040042
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years00
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years00
IRS990ScheduleA/OtherIncome509/Total0112329
IRS990ScheduleA/Post1975UBTI/Total00
IRS990ScheduleA/PriorYearSupportPercentage00.94508
IRS990ScheduleA/PriorYrInvestIncomePercentage00.05264
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50900.94676
IRS990ScheduleA/PublicSupportTotal509022748642
IRS990ScheduleA/SupportFromDQPsEtc/Total00
IRS990ScheduleA/TaxRevLeviedForOrgBenefit509/Total00
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear06149972
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year05726724
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years05666054
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years05181361
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years024531
IRS990ScheduleA/Total509/Total022748642
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear06464787
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year06183558
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years05994679
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years05257951
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years0126999
IRS990ScheduleA/TotalSupportTotal/Total024027974
IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total00
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/Buildings/BookValue054821400
IRS990ScheduleD/Buildings/Depreciation05796833
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis060618233
IRS990ScheduleD/Equipment/BookValue0951266
IRS990ScheduleD/Equipment/Depreciation03125582
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis04076848
IRS990ScheduleD/ExpensesNotRptdF9900-72287

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.5$58.3$12.8$6.93$7.32$0.40
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.3$60.7$12.4$6.64$7.30$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.6$62.3$11.7$6.03$7.29$1.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.7$64.1$10.5$7.07$7.56$0.48
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$65.7$9.99$9.40$6.81$2.59
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$68.3$12.6$6.44$7.91$1.47
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.5$68.6$11.1$7.27$7.54$0.27
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.1$70.0$10.8$7.15$7.23$0.08
2017Detailed filing. Detailed filing data is available for this year.$60.4$71.2$10.8$6.91$6.72$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.2$72.2$11.0$6.52$6.74$0.21
2015Detailed filing. Detailed filing data is available for this year.$62.6$73.4$10.8$6.04$8.09$2.05
2014Detailed filing. Detailed filing data is available for this year.$68.0$76.7$8.70$6.87$7.37$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.1$78.3$8.20$7.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.1$81.6$7.48$8.10
2011Summary only. Only limited summary data is available for this year.$71.5$76.8$5.25$5.99$7.57$1.58
2010Summary only. Only limited summary data is available for this year.$74.0$77.7$3.69$5.26$6.48$1.23