THOMPSON SCHOOLS FOUNDATION: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THOMPSON SCHOOLS FOUNDATION (EIN 30-0107259)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-04-12
- IRS object ID
- 201841029349100304
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-04-12T10:04:43-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2601 CAMBRIDGE CT STE 500 | AddressLine1Txt |
| City | AUBURN HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48326 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300107259 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMPSON EDUCATIONAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 7344536412 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 6349 | AddressLine1Txt |
| City | PLYMOUTH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48170 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT M THOMPSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7344536412 | PhoneNum |
| Signature | 2018-03-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LYNNE M HUISMANN | PreparerPersonNm |
| PTIN | P00053811 | PTIN |
| Phone | 2483757100 | PhoneNum |
| Preparation | 2018-03-22 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.59.56.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-03-22 | IPDt |
| IP Tm | 14:23:03 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 243E9F3BF91F16FF792CF36106F2A7E698A0554A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $98,120,570 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $7,192 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,192 | InterestOnSavNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $716,104 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $716,104 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $716,104 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,638,331 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,361,627 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $723,296 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $12,304 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $6,152 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $6,152 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $58,702 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $58,702 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $19,633 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $19,633 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $7,034 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $7,034 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $30,551 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,574 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $24,977 | AccountingFeesChrtblPrpsAmt |
| Interest Rev And Expnss | $551,546 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $551,546 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,467 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $21,576 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $3,176,341 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,176,341 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $98,486 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $13,744 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $84,742 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,977,064 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,201,811 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $774,362 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $690,191 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $690,191 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,667,255 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,201,811 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,464,553 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,305,628 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $609,632 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,763,851 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,763,851 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $16,699,200 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses EOY | $1,443,979 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,443,979 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $121,394,017 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,014,317 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $75,228,537 | LandBOYAmt |
| Land EOY | $94,379,700 | LandEOYAmt |
| Land EOYFMV | $94,379,700 | LandEOYFMVAmt |
| Other Assets BOY | $693,829 | OtherAssetsBOYAmt |
| Other Assets EOY | $533,040 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $533,040 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $93,231,198 | TotalAssetsBOYAmt |
| Total Assets EOY | $98,120,570 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $98,120,570 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $51,848,629 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $59,043,629 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $51,848,629 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $59,043,629 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $41,382,569 | RetainedEarningBOYAmt |
| Retained Earning EOY | $39,076,941 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $41,382,569 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $39,076,941 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $93,231,198 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $98,120,570 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $41,382,569 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,305,628 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $39,076,941 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $39,076,941 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,247,741 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $767,727 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 4.230333 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,864,944 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,586,391 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 1.805951 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,566,254 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $878,408 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 4.059906 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $15,657,569 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $11,809,747 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 1.325817 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $13,141,954 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,016,059 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.729458 | DistributionYr5Rt |
| Total Distribution | 12.151465 | TotalDistributionRt |
| Average Distribution | 2.430293 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $853,916 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,075,266 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,075,266 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $23,402,356 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $73 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $73 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $73 | OverpaymentAmt |
| Applied To ES Tax | $73 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CATHY KUNKEL | IndividualWithBooksNm |
| Phone | 7343572148 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40500 ANN ARBOR RD SUITE 200 | AddressLine1Txt |
| City | PLYMOUTH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48170 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT M THOMPSON | ||||||||
| P O BOX 6349 | PLYMOUTH | MI | 48170 | PRESIDENT/CHAIR/TRUSTEE | 4.00 | $0 | $0 | $0 |
| ELLEN A THOMPSON | ||||||||
| P O BOX 6349 | PLYMOUTH | MI | 48170 | VICE-PRESIDENT/TRUSTEE | 1.00 | $0 | $0 | $0 |
| MARK A MURRAY | ||||||||
| P O BOX 6349 | PLYMOUTH | MI | 48170 | TRUSTEE | 4.00 | $0 | $0 | $0 |
| BRIAN J COONEY | ||||||||
| P O BOX 6349 | PLYMOUTH | MI | 48170 | TRUSTEE | 4.00 | $0 | $0 | $0 |
| CATHY N KUNKEL | ||||||||
| P O BOX 6349 | PLYMOUTH | MI | 48170 | TRUSTEE | 4.00 | $12,304 | $0 | $0 |
| KEVIN M BRENDER | ||||||||
| P O BOX 6349 | PLYMOUTH | MI | 48170 | TRUSTEE | 4.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| RESENDES DESIGN GROUP LLC | |||||
| 7451 3RD ST | DETROIT | MI | 48202 | ARCHITECTURAL PLANNING | $321,500 |
| CLARK HILL PLC | |||||
| 500 WOODWARD AVE SUITE 3500 | DETROIT | MI | 48226 | LEGAL SERVICES | $66,512 |
| PLANTE MORAN PLLC | |||||
| 27400 NORTHWESTERN HWY | SOUTHFIELD | MI | 48034 | TAX AND CONSULTING SERVICES | $64,696 |
| AW BLAIR & ASSOCIATES | |||||
| 8820 ANCHOR BAY DRIVE | ALGONAC | MI | 48001 | CONSTRUCTION SUPERVISION SERVICES | $56,210 |
| KANTOR TAYLOR PC | |||||
| 901 5TH AVE SUITE 4000 | SEATTLE | WA | 98164 | LEGAL SERVICES | $53,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $866,920 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $866,920 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $866,920 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,004 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $853,916 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $42,696 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $42,696 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $42,696 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $42,696 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $42,696 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,464,553 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $21,937,803 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $23,402,356 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $23,402,356 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $42,696 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $12,161,151 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $15,067,082 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,522,334 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,771,882 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,209,355 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $36,731,804 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $23,402,356 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $42,696 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $23,359,660 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $60,091,464 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $12,161,151 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $47,930,313 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $15,067,082 | ExcessFromYear4Amt |
| Excess From Year3 | $3,522,334 | ExcessFromYear3Amt |
| Excess From Year2 | $2,771,882 | ExcessFromYear2Amt |
| Excess From Year1 | $3,209,355 | ExcessFromYear1Amt |
| Excess From Current Year | $23,359,660 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ROBERT M THOMPSON | ContributingManagerNm |
| Contributing Manager | ELLEN A THOMPSON | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| PUBLIC SCHOOL ACADEMIES OF DETROIT | |||||||
| 500 WOODWARD AVE SUITE 4000 | DETROIT | MI | 48226 | NONE | PC | CHARTER SCHOOL OPERATIONS | $87,499 |
| PUBLIC SCHOOL ACADEMIES OF DETROIT HENRY FORD ACADEMY | |||||||
| 485 W MILWAUKEE | DETROIT | MI | 48202 | NONE | PC | CHARTER SCHOOL OPERATIONS | $202,689 |
| PUBLIC SCHOOL ACADEMIES OF DETROIT-UNIVERSITY PREP SCIENCE AND MATH | |||||||
| 610 ANTOINETTE PO BOX 2716 | DETROIT | MI | 48202 | NONE | PC | CHARTER SCHOOL OPERATIONS | $400,003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $690,191 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,192 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $35,000 | ExclusionAmt |
| Related Or Exempt Function Incm | $681,104 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENT REIMBURSEMENT | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $1,638,331 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,680,523 | ExclusionAmt |
| Related Or Exempt Function Incm | $681,104 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,361,627 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 5B | LineNumberTxt |
| Relationship Statement | RENT RECEIVED FROM CHARTER SCHOOLS IN RETURN FOR PROVIDING STATE OF THE ART SCHOOL BUILDINGS AND FACILITIES IN THE CITY OF DETROIT | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $30,551 | Amt |
| Net Investment Income | $5,574 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $24,977 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (79 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | RtRt |
|---|---|---|---|---|---|---|---|---|
| ES I BUILDING | 2005-09-01 | $1,040,000 | $302,226 | SL | 39.000000000000 | $26,667 | $26,667 | |
| ES I BUILDING IMPOVEMENTS | 2005-09-01 | $7,348,843 | $2,135,563 | SL | 39.000000000000 | $188,432 | $188,432 | |
| ES I BUILDING IMPROV BILLBOARD | 2005-09-01 | $360,000 | $104,618 | SL | 39.000000000000 | $9,231 | $9,231 | |
| HS FURNITURE AND FIXTURES - TEF 1 | 2005-09-01 | $331,332 | $331,332 | SL | 7.000000000000 | $0 | $0 | |
| ES I LAND | 2005-09-01 | $330,289 | NC | $0 | $0 | 0.000000000000 | ||
| HS LAND IMPROVEMENTS - TEF 1 | 2004-09-01 | $2,034,710 | $641,302 | SL | 39.000000000000 | $52,172 | $52,172 | |
| HS BUILDING - TEF 1 | 2004-09-01 | $9,706,364 | $3,059,263 | SL | 39.000000000000 | $248,881 | $248,881 | |
| HS FURNITURE AND FIXTURES - TEF 1 | 2004-09-01 | $1,227,604 | $1,227,604 | SL | 7.000000000000 | $0 | $0 | |
| ES I FURNITURE AND FIXTURES | 2005-09-01 | $517,784 | $517,784 | SL | 7.000000000000 | $0 | $0 | |
| N.E. NEIGHBORHOOD LAND | 2006-06-08 | $20,000 | NC | $0 | $0 | 0.000000000000 | ||
| HS FURNITURE AND FIXTURES - TEF 1 | 2006-09-01 | $27,987 | $27,987 | SL | 7.000000000000 | $0 | $0 | |
| ES I BUILDING IMPROVEMENTS | 2006-09-01 | $953,243 | $251,549 | SL | 39.000000000000 | $24,442 | $24,442 | |
| MS LAND - TEF 2 | 2004-09-01 | $497,717 | NC | $0 | $0 | 0.000000000000 | ||
| HS LAND - TEF 1 | 2003-09-01 | $20,000 | NC | $0 | $0 | 0.000000000000 | ||
| HS LAND - TEF 1 | 2002-09-01 | $1,082,617 | NC | $0 | $0 | 0.000000000000 | ||
| MS BUILDING IMPROVEMENTS - TEF 2 | 2007-09-01 | $193,092 | $46,003 | SL | 39.000000000000 | $4,951 | $4,951 | |
| UPA CASS & AMSTERDAM LAND - TEF 4 | 2007-09-01 | $50,000 | NC | $0 | $0 | 0.000000000000 | ||
| MS BUILDING - TEF 2 | 2004-09-01 | $2,986,307 | $941,228 | SL | 39.000000000000 | $76,572 | $76,572 | |
| MS FURNITURE & FIXTURES - TEF 2 | 2004-09-01 | $298,631 | $298,631 | SL | 7.000000000000 | $0 | $0 | |
| ES I FURNITURE AND FIXTURES | 2006-09-01 | $55,118 | $55,118 | SL | 7.000000000000 | $0 | $0 | |
| MS GYM BUILDING IMPROVEMENTS - TEF 2 | 2006-09-01 | $1,685,473 | $444,947 | SL | 39.000000000000 | $43,217 | $43,217 | |
| UPSM HS BUILDING - TEF 7 | 2008-11-12 | $914,844 | $191,574 | SL | 39.000000000000 | $23,458 | $23,458 | |
| UPSM HS LAND - TEF 7 | 2008-11-12 | $1,046,849 | NC | $0 | $0 | 0.000000000000 | ||
| LOAN COSTS - TEF 4 | 2008-12-18 | $440,461 | $440,461 | SL | 7.000000000000 | $0 | $0 | |
| LAND - TEF 7 | 2009-06-30 | $3,900 | NC | $0 | $0 | 0.000000000000 | ||
| LOAN COSTS - TEF 5 | 2009-05-26 | $341,543 | $341,543 | SL | 7.000000000000 | $0 | $0 | |
| LAND IMPROVEMENTS - TEF 4 | 2009-01-01 | $144,825 | $29,550 | SL | 39.000000000000 | $3,713 | $3,713 | |
| BUILDING - TEF 4 | 2009-01-01 | $291,706 | $59,528 | SL | 39.000000000000 | $7,480 | $7,480 | |
| BUILDING IMPROVEMENTS - TEF 4 | 2009-01-01 | $9,599,812 | $1,958,936 | SL | 39.000000000000 | $246,149 | $246,149 | |
| OFFICE EQUIPMENT | 2009-01-01 | $315,718 | $315,718 | SL | 7.000000000000 | $0 | $0 | |
| DESKTOP/LAPTOP | 2010-03-26 | $3,266 | $3,266 | SL | 5.000000000000 | $0 | $0 | |
| BUILDING IMPROVEMENTS - TEF 2 | 2010-09-01 | $444,682 | $71,738 | SL | 39.000000000000 | $11,402 | $11,402 | |
| BUILDING IMPROVEMENTS - TEF 5 | 2010-01-01 | $14,499,899 | $2,587,053 | SL | 39.000000000000 | $371,792 | $371,792 | |
| OFFICE, FURNITURE, & FIXTURES - TEF 5 | 2010-01-01 | $636,859 | $591,370 | SL | 7.000000000000 | $45,489 | $0 | |
| COMPUTER EQUIPMENT - TEF 5 | 2010-01-01 | $234,714 | $234,714 | SL | 5.000000000000 | $0 | $0 | |
| SOFTWARE - TEF 5 | 2010-01-01 | $7,560 | $7,560 | SL | 3.000000000000 | $0 | $0 | |
| OFFICE, FURNITURE, & FIXTURES - TEF 6 | 2010-01-01 | $874,087 | $811,655 | SL | 7.000000000000 | $62,432 | $0 | |
| COMPUTER EQUIPMENT - TEF 6 | 2010-01-01 | $13,293 | $13,293 | SL | 5.000000000000 | $0 | $0 | |
| BUILDING IMPROVEMENTS - TEF FRANKLIN | 2010-12-01 | $12,937,062 | $2,004,142 | SL | 39.000000000000 | $331,720 | $331,720 | |
| OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN | 2010-12-01 | $412,209 | $382,766 | SL | 7.000000000000 | $29,443 | $29,443 | |
| COMPUTER EQUIPMENT - TEF FRANKLIN | 2010-12-01 | $470,029 | $470,029 | SL | 5.000000000000 | $0 | $0 | |
| SOFTWARE - TEF FRANKLIN | 2010-12-01 | $48,983 | $48,983 | SL | 3.000000000000 | $0 | $0 | |
| OFFICE, FURNITURE, & FIXTURES - TEF 5 | 2011-09-01 | $13,260 | $10,417 | SL | 7.000000000000 | $1,894 | $1,894 | |
| OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN | 2011-09-01 | $62,221 | $48,889 | SL | 7.000000000000 | $8,889 | $8,889 | |
| COMPUTER EQUIPMENT - TEF FRANKLIN | 2011-09-01 | $152,183 | $152,183 | SL | 5.000000000000 | $0 | $0 | |
| SOFTWARE - TEF FRANKLIN | 2011-09-01 | $71,082 | $71,082 | SL | 3.000000000000 | $0 | $0 | |
| LOAN COSTS - TEF 3 | 2011-12-28 | $198,160 | $141,545 | SL | 7.000000000000 | $28,309 | $28,309 | |
| LOAN COSTS - TEF FRANKLIN | 2011-05-17 | $295,701 | $235,857 | SL | 7.000000000000 | $42,243 | $42,243 | |
| LAND-TEF 3- HFA K5 | 2011-01-01 | $146,668 | L | $0 | $0 | |||
| BUILDING-TEF 3-HFA K5 | 2012-09-01 | $555,843 | $61,165 | SL | 39.000000000000 | $14,252 | $14,252 | |
| BUILDING IMPROVEMENTS - TEF 3 | 2012-09-01 | $8,295,072 | $912,812 | SL | 39.000000000000 | $212,694 | $212,694 | |
| OFFICE FURNITURE & FIXTURES- TEF 3 | 2012-09-01 | $402,772 | $258,925 | SL | 7.000000000000 | $57,539 | $57,539 | |
| OFFICE FURNITURE & FIXTURES-TEF 5 | 2012-03-01 | $6,200 | $3,987 | SL | 7.000000000000 | $886 | $886 | |
| OFFICE FURNITURE & FIXTURES- TEF FRANKLIN | 2012-09-01 | $6,200 | $3,987 | SL | 7.000000000000 | $886 | $886 | |
| COMPUTER EQUIPMENT - TEF 3 | 2012-09-01 | $463,375 | $417,038 | SL | 5.000000000000 | $46,337 | $46,337 | |
| COMPUTER EQUIPMENT - TEF FRANKLIN | 2012-03-01 | $83,004 | $74,704 | SL | 5.000000000000 | $8,300 | $2,767 | |
| SOFTWARE - TEF 3 | 2012-09-01 | $6,566 | $6,566 | SL | 3.000000000000 | $0 | $0 | |
| SOFTWARE - TEF FRANKLIN | 2012-01-01 | $8,000 | $8,000 | SL | 3.000000000000 | $0 | $0 | |
| LAND-TEF 8 - UPSM K5 | 2011-01-01 | $120,000 | L | $0 | $0 | |||
| BUILDING - TEF 8 | 2013-09-01 | $482,362 | $40,711 | SL | 39.000000000000 | $12,368 | $12,368 | |
| BUILDING IMPROVEMENTS - TEF 3 | 2013-01-01 | $762,674 | $77,409 | SL | 39.000000000000 | $19,556 | $19,556 | |
| BUILDING IMPROVEMENTS - TEF 8 | 2013-09-01 | $11,978,694 | $1,011,022 | SL | 39.000000000000 | $307,146 | $307,146 | |
| OFFICE FURNITURE & FIXTURES- TEF 3 | 2013-03-01 | $44,543 | $22,271 | SL | 7.000000000000 | $6,363 | $6,363 | |
| OFFICE FURNITURE & FIXTURES- TEF 8 | 2013-09-01 | $538,836 | $269,419 | SL | 7.000000000000 | $76,977 | $76,977 | |
| OFFICE FURNITURE & FIXTURES- TEF FRANKLIN | 2013-01-01 | $9,790 | $4,896 | SL | 7.000000000000 | $1,399 | $1,399 | |
| COMPUTER EQUIPMENT - TEF 3 | 2013-01-01 | $22,150 | $15,505 | SL | 5.000000000000 | $4,430 | $4,430 | |
| COMPUTER EQUIPMENT - TEF 8 | 2013-09-01 | $275,841 | $193,088 | SL | 5.000000000000 | $55,168 | $55,168 | |
| COMPUTER EQUIPMENT - TEF FRANKLIN | 2013-03-01 | $157,158 | $110,012 | SL | 5.000000000000 | $31,432 | $31,432 | |
| SOFTWARE - TEF FRANKLIN | 2013-01-01 | $37,406 | $37,406 | SL | 3.000000000000 | $0 | $0 | |
| LOAN COSTS - TEF 8 | 2013-04-01 | $302,275 | $161,933 | SL | 7.000000000000 | $43,182 | $43,182 | |
| LOAN COSTS - TEF 8 | 2013-11-01 | $428,815 | $193,987 | SL | 7.000000000000 | $61,259 | $61,259 | |
| BUILDING IMPROVEMENTS - TEF 3 | 2014-12-01 | $13,396 | $700 | SL | 39.000000000000 | $343 | $0 | |
| BUILDING IMPROVEMENTS - TEF 8 | 2014-02-01 | $779,978 | $57,498 | SL | 39.000000000000 | $19,999 | $0 | |
| BUILDING IMPROVEMENTS - TEF 8 | 2016-09-01 | $103,350 | $773 | SL | 39.000000000000 | $2,650 | $0 | |
| BUILDING IMPROVEMENTS - TEF 2 | 2017-09-01 | $4,699,037 | SL | 39.000000000000 | $35,142 | $0 | ||
| OFFICE EQUIPMENT/FURNITURE - TEF 2 | 2017-09-01 | $396,627 | SL | 7.000000000000 | $28,331 | $0 | ||
| COMPUTER EQUIPMENT - TEF 2 | 2017-09-01 | $181,666 | SL | 5.000000000000 | $18,167 | $0 | ||
| BUILDING - TEF 6 | 2017-07-01 | $16,850,655 | SL | 39.000000000000 | $198,031 | $0 | ||
| LOAN COSTS - TEF 2 | 2017-04-01 | $228,913 | SL | 7.000000000000 | $24,526 | $0 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (72 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| ES I BUILDING | $1,040,000 | $328,893 | $711,107 |
| ES I BUILDING IMPOVEMENTS | $7,348,843 | $2,323,995 | $5,024,848 |
| ES I BUILDING IMPROV BILLBOARD | $360,000 | $113,849 | $246,151 |
| HS FURNITURE AND FIXTURES - TEF 1 | $331,332 | $331,332 | $0 |
| ES I LAND | $330,289 | $0 | $330,289 |
| HS LAND IMPROVEMENTS - TEF 1 | $2,034,710 | $693,474 | $1,341,236 |
| HS BUILDING - TEF 1 | $9,706,364 | $3,308,144 | $6,398,220 |
| HS FURNITURE AND FIXTURES - TEF 1 | $1,227,604 | $1,227,604 | $0 |
| ES I FURNITURE AND FIXTURES | $517,784 | $517,784 | $0 |
| N.E. NEIGHBORHOOD LAND | $20,000 | $0 | $20,000 |
| HS FURNITURE AND FIXTURES - TEF 1 | $27,987 | $27,987 | $0 |
| ES I BUILDING IMPROVEMENTS | $953,243 | $275,991 | $677,252 |
| MS LAND - TEF 2 | $497,717 | $0 | $497,717 |
| HS LAND - TEF 1 | $20,000 | $0 | $20,000 |
| HS LAND - TEF 1 | $1,082,617 | $0 | $1,082,617 |
| MS BUILDING IMPROVEMENTS - TEF 2 | $193,092 | $50,954 | $142,138 |
| UPA CASS & AMSTERDAM LAND - TEF 4 | $50,000 | $0 | $50,000 |
| MS BUILDING - TEF 2 | $2,986,307 | $1,017,800 | $1,968,507 |
| MS FURNITURE & FIXTURES - TEF 2 | $298,631 | $298,631 | $0 |
| ES I FURNITURE AND FIXTURES | $55,118 | $55,118 | $0 |
| MS GYM BUILDING IMPROVEMENTS - TEF 2 | $1,685,473 | $488,164 | $1,197,309 |
| UPSM HS BUILDING - TEF 7 | $914,844 | $215,032 | $699,812 |
| UPSM HS LAND - TEF 7 | $1,046,849 | $0 | $1,046,849 |
| LAND - TEF 7 | $3,900 | $0 | $3,900 |
| LAND IMPROVEMENTS - TEF 4 | $144,825 | $33,263 | $111,562 |
| BUILDING - TEF 4 | $291,706 | $67,008 | $224,698 |
| BUILDING IMPROVEMENTS - TEF 4 | $9,599,812 | $2,205,085 | $7,394,727 |
| OFFICE EQUIPMENT | $315,718 | $315,718 | $0 |
| DESKTOP/LAPTOP | $3,266 | $3,266 | $0 |
| BUILDING IMPROVEMENTS - TEF 2 | $444,682 | $83,140 | $361,542 |
| BUILDING IMPROVEMENTS - TEF 5 | $14,499,899 | $2,958,845 | $11,541,054 |
| OFFICE, FURNITURE, & FIXTURES - TEF 5 | $636,859 | $636,859 | $0 |
| COMPUTER EQUIPMENT - TEF 5 | $234,714 | $234,714 | $0 |
| SOFTWARE - TEF 5 | $7,560 | $7,560 | $0 |
| OFFICE, FURNITURE, & FIXTURES - TEF 6 | $874,087 | $874,087 | $0 |
| COMPUTER EQUIPMENT - TEF 6 | $13,293 | $13,293 | $0 |
| BUILDING IMPROVEMENTS - TEF FRANKLIN | $12,937,062 | $2,335,862 | $10,601,200 |
| OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN | $412,209 | $412,209 | $0 |
| COMPUTER EQUIPMENT - TEF FRANKLIN | $470,029 | $470,029 | $0 |
| SOFTWARE - TEF FRANKLIN | $48,983 | $48,983 | $0 |
| OFFICE, FURNITURE, & FIXTURES - TEF 5 | $13,260 | $12,311 | $949 |
| OFFICE, FURNITURE, & FIXTURES - TEF FRANKLIN | $62,221 | $57,778 | $4,443 |
| COMPUTER EQUIPMENT - TEF FRANKLIN | $152,183 | $152,183 | $0 |
| SOFTWARE - TEF FRANKLIN | $71,082 | $71,082 | $0 |
| LAND-TEF 3- HFA K5 | $146,668 | $0 | $146,668 |
| BUILDING-TEF 3-HFA K5 | $555,843 | $75,417 | $480,426 |
| BUILDING IMPROVEMENTS - TEF 3 | $8,295,072 | $1,125,506 | $7,169,566 |
| OFFICE FURNITURE & FIXTURES- TEF 3 | $402,772 | $316,464 | $86,308 |
| OFFICE FURNITURE & FIXTURES-TEF 5 | $6,200 | $4,873 | $1,327 |
| OFFICE FURNITURE & FIXTURES- TEF FRANKLIN | $6,200 | $4,873 | $1,327 |
| COMPUTER EQUIPMENT - TEF 3 | $463,375 | $463,375 | $0 |
| COMPUTER EQUIPMENT - TEF FRANKLIN | $83,004 | $83,004 | $0 |
| SOFTWARE - TEF 3 | $6,566 | $6,566 | $0 |
| SOFTWARE - TEF FRANKLIN | $8,000 | $8,000 | $0 |
| LAND-TEF 8 - UPSM K5 | $120,000 | $0 | $120,000 |
| BUILDING - TEF 8 | $482,362 | $53,079 | $429,283 |
| BUILDING IMPROVEMENTS - TEF 3 | $762,674 | $96,965 | $665,709 |
| BUILDING IMPROVEMENTS - TEF 8 | $11,978,694 | $1,318,168 | $10,660,526 |
| OFFICE FURNITURE & FIXTURES- TEF 3 | $44,543 | $28,634 | $15,909 |
| OFFICE FURNITURE & FIXTURES- TEF 8 | $538,836 | $346,396 | $192,440 |
| OFFICE FURNITURE & FIXTURES- TEF FRANKLIN | $9,790 | $6,295 | $3,495 |
| COMPUTER EQUIPMENT - TEF 3 | $22,150 | $19,935 | $2,215 |
| COMPUTER EQUIPMENT - TEF 8 | $275,841 | $248,256 | $27,585 |
| COMPUTER EQUIPMENT - TEF FRANKLIN | $157,158 | $141,444 | $15,714 |
| SOFTWARE - TEF FRANKLIN | $37,406 | $37,406 | $0 |
| BUILDING IMPROVEMENTS - TEF 3 | $13,396 | $1,043 | $12,353 |
| BUILDING IMPROVEMENTS - TEF 8 | $779,978 | $77,497 | $702,481 |
| BUILDING IMPROVEMENTS - TEF 8 | $103,350 | $3,423 | $99,927 |
| BUILDING IMPROVEMENTS - TEF 2 | $4,699,037 | $35,142 | $4,663,895 |
| OFFICE EQUIPMENT/FURNITURE - TEF 2 | $396,627 | $28,331 | $368,296 |
| COMPUTER EQUIPMENT - TEF 2 | $181,666 | $18,167 | $163,499 |
| BUILDING - TEF 6 | $16,850,655 | $198,031 | $16,652,624 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $7,034 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $7,034 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| CONSTRUCTION IN PROGRESS | $202,200 | $12,017 | $12,017 |
| LOAN COSTS - TEF 5 | $0 | $0 | $0 |
| LOAN COSTS - TEF 3 | $56,615 | $28,306 | $28,306 |
| LOAN COSTS - TEF FRANKLIN | $59,844 | $17,601 | $17,601 |
| LOAN COSTS - TEF 8 | $140,342 | $97,160 | $97,160 |
| LOAN COSTS - TEF 8 | $234,828 | $173,569 | $173,569 |
| LOAN COSTS - TEF 2 | $204,387 | $204,387 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSE | $3,425 | $492 | $2,933 |
| INSURANCE | $46,463 | $11,616 | $34,847 |
| BANKING FEES | $3,273 | $1,636 | $1,637 |
| NMTC FEES | $45,325 | $0 | $45,325 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENT REIMBURSEMENT | Desc |
| Revenue And Expenses Per Books | $1,638,331 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $1,638,331 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROPERTY TAXES | CategoryTxt |
| Amt | $22,467 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $21,576 | DisbursementsCharitablePrpsAmt |