AMERICAS CHARTER SCHOOL FINANCE COOPERATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AMERICAS CHARTER SCHOOL FINANCE COOPERATION (EIN 06-1595035)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-14
IRS object ID
202423199349106902
Schema version
2023v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-14T22:07:25-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18401 GREENSBORO DRIVE 800AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061595035EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1America's Charter School Finance CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% TIM MERRITT VP OF FINANCEInCareOfNm
Business Name ControlAMERBusinessNameControlTxt
Phone2024571995PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11776 Eye St NW Suite 200AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLANCE HELMINGPersonNm
Person TitleCFOPersonTitleTxt
Phone2024571995PhoneNum
Signature2024-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACOB COOKPreparerPersonNm
PTINP01240455PTIN
Phone7038930600PhoneNum
Preparation2024-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,732,259FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$230,945InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$230,945InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$230,945InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss$76,833OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$76,833OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$307,778TotalRevAndExpnssAmt
Total Net Invst Incm$230,945TotalNetInvstIncmAmt
Total Adj Net Incm$307,778TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$28,151CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$5,801CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$5,801CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$5,801CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$570OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$28OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$28OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$542OthEmplSlrsWgsDsbrsChrtblAmt
Accounting Fees Rev And Expnss$2,066AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,033AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$1,033AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$1,033AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$655OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$655OtherProfFeesDsbrsChrtblAmt
Occupancy Rev And Expnss$5,378OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$538OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$538OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$4,840OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$8,882OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$16,632OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$16,632OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$750OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$45,702TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$24,032TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$24,032TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,621TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$45,702TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$24,032TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$24,032TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$13,621TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$262,076ExcessRevenueOverExpensesAmt
Net Investment Income$206,913NetInvestmentIncomeAmt
Adjusted Net Income$283,746AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,307,160CashBOYAmt
Cash EOY$575,885CashEOYAmt
Cash EOYFMV$575,885CashEOYFMVAmt
Sav And Temp Cash Invst BOY$5,157,039SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$7,148,258SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$7,148,258SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$0AcctRcvblAmt
Acct Rcvbl BOY$10,737AcctRcvblBOYAmt
Acct Rcvbl EOY$0AcctRcvblEOYAmt
Prepaid Expenses BOY$0PrepaidExpensesBOYAmt
Prepaid Expenses EOY$8,116PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$8,116PrepaidExpensesEOYFMVAmt
Total Assets BOY$7,474,936TotalAssetsBOYAmt
Total Assets EOY$7,732,259TotalAssetsEOYAmt
Total Assets EOYFMV$7,732,259TotalAssetsEOYFMVAmt
Accounts Payable BOY$26,184AccountsPayableBOYAmt
Accounts Payable EOY$854AccountsPayableEOYAmt
Deferred Revenue BOY$9,000DeferredRevenueBOYAmt
Deferred Revenue EOY$33,228DeferredRevenueEOYAmt
Other Liabilities BOY$54,871OtherLiabilitiesBOYAmt
Other Liabilities EOY$51,220OtherLiabilitiesEOYAmt
Total Liabilities BOY$90,055TotalLiabilitiesBOYAmt
Total Liabilities EOY$85,302TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests EOY-$24,562NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$7,384,881DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$7,671,519DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$7,384,881TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,646,957TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,474,936TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,732,259TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,384,881TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$262,076ExcessRevenueOverExpensesAmt
Subtotal$7,646,957SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,646,957TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,876InvestmentIncomeExciseTaxAmt
Subtotal$2,876SubtotalAmt
Tax Based On Investment Income$2,876TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$524EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$524TotalPaymentsAndCreditsAmt
Tax Due$2,352TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptYes (true)ActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateDCOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressWWW.BUILDINGHOPE.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1TIM MERRITT VP OF FINANCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024571995PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11776 EYE ST NW SUITE 200AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (true)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
WILLIAM Hansen
1776 EYE ST NW SUITE 200WashingtonDC20006CHAIR/DIRECTOR1.0$0$0$0
DRU DAMICO
1776 EYE ST NW SUITE 200WashingtonDC20006DIRECTOR1.0$0$0$0
RICHARD MORENO
1776 EYE ST NW SUITE 200WASHINGTONDC20006DIRECTOR1.0$0$0$0
ROBIN ODLAND
1776 EYE ST NW SUITE 200WASHINGTONDC20006PRESIDENT3.0$21,969$0$0
TIM MERRITT
1776 EYE ST NW SUITE 200WASHINGTONDC20006VP OF FINANCE/TREASURER1.0$5,170$0$0
MICHAEL D'ALESSANDRO
1776 EYE ST NW SUITE 200WASHINGTONDC20006SECRETARY1.0$1,012$0$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SEE PART VI-A, LINE 2 EXPLANATION.Description1Txt
Expenses1$45,702Expenses1Amt
FieldValueIRS element (for citing)
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,662,631AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$1,662,631TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$1,662,631AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$24,939CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,637,692NetVlNoncharitableAssetsAmt
Minimum Investment Return$81,885MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,621ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$13,621QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$81,885CurrentYearAmt
Year1$66,696Year1Amt
Year2$37,882Year2Amt
Year3$166,424Year3Amt
Total$352,887TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$69,602CurrentYearAmt
Year1$56,692Year1Amt
Year2$32,200Year2Amt
Year3$141,460Year3Amt
Total$299,954TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$13,621CurrentYearAmt
Year1$53,898Year1Amt
Year2$2,525,374Year2Amt
Year3$39,755Year3Amt
Total$2,632,648TotalAmt
FieldValueIRS element (for citing)
Qualifying Distri Not Used DrtQualifyingDistriNotUsedDrtGrp

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$13,621CurrentYearAmt
Year1$53,898Year1Amt
Year2$2,525,374Year2Amt
Year3$39,755Year3Amt
Total$2,632,648TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Total$0TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$54,590CurrentYearAmt
Year1$236,154Year1Amt
Year2$92,326Year2Amt
Year3$110,949Year3Amt
Total$494,019TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl (2 entries)

DescDescBusinessBusinessCdRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
GUARANTY, COMMITMENT & ORIGINATION FEES541990$66,033
PROFESSIONAL SERVICES INCOME541990$10,800
FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$230,945ExclusionAmt
FieldValueIRS element (for citing)
Dividends And Interest From Sec DtlDividendsAndInterestFromSecDtl
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp
Gain Sales Ast Oth Than InvntryGainSalesAstOthThanInvntryGrp
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$230,945ExclusionAmt
Related Or Exempt Function Incm$76,833RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$307,778TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1AOrigination and guarantee fees of their party loans to public charter schools
1BProfessional services income

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,066Amt
Net Investment Income$1,033NetInvestmentIncomeAmt
Adjusted Net Income$1,033AdjustedNetIncomeAmt
Disbursements Charitable Prps$1,033DisbursementsCharitablePrpsAmt

Acty Not Previously Rpt Expln ActyNotPreviouslyRptExpln

FieldValueIRS element (for citing)
ExplanationBuilding Hope supported the development and successful operation of schools and other educational organizations across the nation, including charter and other grade schools, colleges, and universities, with a particular focus on regions inhabited by low-income, minority, or other historically disadvantaged groups, by (a) providing grants, program-related investments, and credit enhancements/guarantees to schools and other educational organizations; (b) helping schools and other educational organization through the management and deployment of grant programs, program-related investments from philanthropic organizations, and other funders, including state and federal programs; (c) helping school and other educational organizations with site selection, building design, lease/purchase negotiations, financial consultation, construction management, back-office accounting, payroll and human resource support, and other operational services to help them develop, build, operate, and maintain their school facilities; (d) conducting programs and performing outreach to improve academic achievement, stimulate economic development, and improve access to higher education for students at the schools; and (e) acquiring, financing, developing, constructing, and/or leasing facilities for/to schools and other educational organizations, for academic and administrative purposes, as well as community development facilities and organizations (including affordable housing, medical centers, community centers, student housing, workforce low-income housing, training and certification organizations, all in furtherance of section 501(c)(3) charitable purposes, including to advance education, lessen the burdens of government, relieve poverty, eliminate prejudice, reduce neighborhood tension, and combat community deterioration.ExplanationTxt

Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt

FieldValueIRS element (for citing)
Short ExplanationAMERICA'S CHARTER HAS PROVIDED FINANCIAL GUARANTEES TO CHARTER SCHOOLS SEEKING TO LEASE, PURCHASE, OR RENOVATE SCHOOL FACILITIES. GUARANTEES HAVE BEEN EXTENDED WHICH COVERS BOTH LEASE AND MORTGAGE PAYMENTS.ShortExplanationTxt

Depreciation Schedule DepreciationSchedule

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationDC DOES NOT ACCEPT A COPY OF THE RETURN.ExplanationTxt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$16,632$16,632$16,632$0
GUARANTY FEES$750$0$0$750
BILLING OFFSET-$8,500

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
Guaranteed Fees$66,033$0$66,033
Professional Services Income$10,800$0$10,800

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO AFFILIATESDesc
BOY Book Value$54,871BOYBookValueAmt
EOY Book Value$51,220EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryOTHER PROFESSIONAL FEESCategoryTxt
Amt$655Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$655DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt

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