KEYSTONE INITIATIVE FOR NETWORK BASED EDUCATION & RESEARCH: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- KEYSTONE INITIATIVE FOR NETWORK BASED EDUCATION & RESEARCH (EIN 80-0446299)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-02-14
- IRS object ID
- 202310459349300201
- Schema version
- 2021v4.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-14T06:23:26-06:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251622758 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAHER DUESSEL CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1800 LINGLESTOWN ROAD SUITE 306 | AddressLine1Txt |
| City | HARRISBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 800446299 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEYSTONE INITIATIVE FOR NETWORK BASED | BusinessNameLine1Txt |
| Business Name Line2 | EDUCATION AND RESEARCH | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KEYS | BusinessNameControlTxt |
| Phone | 7179637490 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1002 LITITZ PIKE 137 | AddressLine1Txt |
| City | LITITZ | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17543 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NATHAN FLOOD | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 7179637490 | PhoneNum |
| Signature | 2023-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NATHAN | PersonFirstNm |
| Person Last | FLOOD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JONATHAN MENTZER | PreparerPersonNm |
| PTIN | P01795412 | PTIN |
| Phone | 7172321230 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NATHAN FLOOD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1002 LITITZ PIKE 137 | AddressLine1Txt |
| City | LITITZ | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17543 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $31,776,872 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.KINBER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | KINBER IS THE TRUSTED PARTNER THAT PROVIDES A STRATEGIC ADVANTAGE TO PENNSYLVANIA COMMUNITIES THROUGH COLLABORATION AND PARTNERSHIP TO ADVANCE SUSTAINABLE INNOVATION. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $969,086 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $482,840 | PYContributionsGrantsAmt |
| CY Contributions Grants | $573,791 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,042,405 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,702,833 | CYProgramServiceRevenueAmt |
| PY Investment Income | $43,303 | PYInvestmentIncomeAmt |
| CY Investment Income | -$50,238,812 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,568,548 | PYTotalRevenueAmt |
| CY Total Revenue | -$44,962,188 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,167,065 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $964,136 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $36,371 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,232,967 | PYOtherExpensesAmt |
| CY Other Expenses | $8,412,873 | CYOtherExpensesAmt |
| PY Total Expenses | $11,400,032 | PYTotalExpensesAmt |
| CY Total Expenses | $9,377,009 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,831,484 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$54,339,197 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $81,624,314 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,669,249 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,034,629 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $750,199 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,589,685 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,919,050 | NetAssetsOrFundBalancesEOYAmt |
| Mission | KINBER IS THE TRUSTED PARTNER THAT PROVIDES A STRATEGIC ADVANTAGE TO PENNSYLVANIA COMMUNITIES THROUGH COLLABORATION AND PARTNERSHIP TO ADVANCE SUSTAINABLE INNOVATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,086,833 | ExpenseAmt |
| Revenue | $3,733,747 | RevenueAmt |
| Desc | IN 2021-2022, KINBER COMPLETED IT'S TRANSACTION WITH FIRSTLIGHT FIBER, SELLING SUBSTANTIALLY ALL OF ITS ASSETS TO FIRSTLIGHT FIBER. THE TRANSACTION CLOSED IN MARCH 2022. KINBER CONTINUED TO SUPPORT LIBRARIES WITH THE CONTINUED DELIVERY OF THE LIBRARIES CONNECT COMMUNITIES PROGRAM SUPPORTED THROUGH THE PA DEPARTMENT OF EDUCATION, OFFICE OF COMMONWEALTH LIBRARIES. PRIOR TO THE CLOSING OF THE TRANSACTION WITH FIRSTLIGHT FIBER, KINBER EXPERIENCED AN INCREASE IN BOTH NEW CUSTOMER CONNECTIONS AND UPGRADED, OR ADDED ADDITIONAL SERVICES, INCREASING THEIR SPEED FROM 1 GBPS TO 100 GBPS, TO ADDING INTERNET2 CONNECTIVITY, OR ADDING KINBER'S MANAGED ROUTER OR DDOS SERVICES. | Desc |
| Total Program Service Expenses | $8,086,833 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 14 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NATHAN FLOOD | PersonNm |
| Phone | 7179637490 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1002 LITITZ PIKE SUITE 137 | AddressLine1Txt |
| City | LITITZ | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17543 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CHRISTOPHER SEDORE | |||||||
| BOARD CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PARAM BEDI | |||||||
| VICE CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DR CELESTE SCHWARTZ | |||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARK POEPPING | |||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARK HENDERSON | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARYAM PHILLIPS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DON WELCH | |||||||
| BOARD MEMBER, THROUGH 10/15/21 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN BLACKNEY | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL BUSGES | |||||||
| BOARD MEMBER, THROUGH 6/30/22 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR KARL HORVATH | |||||||
| BOARD MEMBER, THROUGH 10/15/21 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR GREGORY M REIHMAN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN BOWEN | |||||||
| BOARD MEMBER, THROUGH 12/31/21 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN O'KEEFE | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR RANDY A GOIN JR | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES BARTEL | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| NATHAN FLOOD | |||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $222,562 | $0 | $39,398 | ||
| BEN MILLER | |||||||
| DIR. OF ENGINEERING AND OPERATIONS | 40.00 | $133,911 | $0 | $27,931 | Yes (X) | ||
| GRANT DULL | |||||||
| DIR. OF BUSINESS OPERATIONS AND DEVELOPMENT | 40.00 | $142,584 | $0 | $20,301 | Yes (X) | ||
| AUSTIN GAMBLE | |||||||
| DIR. OF COMMUNITY ENGAGEMENT AND RESEARCH | 40.00 | $100,753 | $0 | $14,737 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $599,810 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $102,367 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MCNEES WALLACE & NURICK LLC | |||||
| PO BOX 1166 | HARRISBURG | PA | 171081166 | SERVICES | $132,109 |
| TROUT CPA | |||||
| 1705 OREGON PIKE | LANCASTER | PA | 17601 | SERVICES | $120,000 |
| M7 AGENCY | |||||
| 295 THIRD STREET SUITE 110 | BEAVER | PA | 15009 | SERVICES | $114,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $573,791 | GovernmentGrantsAmt |
| Total Contributions | $573,791 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| NETWORK SERVICES | 611710 | $3,905,246 | $3,555,150 | $350,096 |
| SITE EXPENSE REVENUE | 611710 | $645,701 | $83,393 | $562,308 |
| PROGRAM REVENUE | 611710 | $72,383 | $72,383 | |
| FIBER IRU REVENUE | 611710 | $56,682 | $56,682 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,821 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,821 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,702,833 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $248 | TotalRevenueColumnAmt |
| Exclusion | $248 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $26,500,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $76,739,060 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$50,239,060 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$50,239,060 | TotalRevenueColumnAmt |
| Exclusion | -$50,239,060 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$44,962,188 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,733,747 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $969,086 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$50,238,812 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $320,758 | TotalAmt |
| Program Services | $112,265 | ProgramServicesAmt |
| Management And General | $176,417 | ManagementAndGeneralAmt |
| Fundraising | $32,076 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $489,526 | TotalAmt |
| Program Services | $350,145 | ProgramServicesAmt |
| Management And General | $138,325 | ManagementAndGeneralAmt |
| Fundraising | $1,056 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,240 | TotalAmt |
| Program Services | $67,947 | ProgramServicesAmt |
| Management And General | $31,075 | ManagementAndGeneralAmt |
| Fundraising | $1,218 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,612 | TotalAmt |
| Program Services | $31,229 | ProgramServicesAmt |
| Management And General | $20,362 | ManagementAndGeneralAmt |
| Fundraising | $2,021 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,751 | TotalAmt |
| Program Services | $36,082 | ProgramServicesAmt |
| Management And General | $95,669 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,686 | TotalAmt |
| Program Services | $10,321 | ProgramServicesAmt |
| Management And General | $27,365 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,812 | TotalAmt |
| Management And General | $9,812 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $643,399 | TotalAmt |
| Program Services | $135,684 | ProgramServicesAmt |
| Management And General | $507,715 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,655 | TotalAmt |
| Program Services | $3,589 | ProgramServicesAmt |
| Management And General | $9,066 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,435 | TotalAmt |
| Program Services | $258 | ProgramServicesAmt |
| Management And General | $24,177 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,912 | TotalAmt |
| Management And General | $45,912 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,175 | TotalAmt |
| Program Services | $565 | ProgramServicesAmt |
| Management And General | $14,610 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,520 | TotalAmt |
| Management And General | $26,520 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,851,747 | TotalAmt |
| Program Services | $3,851,747 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,738 | TotalAmt |
| Management And General | $80,738 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROGRAM EXPENSES | $3,123,443 | $3,123,443 | |
| SITE EXPENSES | $378,431 | $378,431 | |
| MEMBERSHIP DUES | $45,833 | $45,833 | |
| MISCELLANEOUS | $209 | $209 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$14,873 | TotalAmt |
| Program Services | -$14,873 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,377,009 | TotalAmt |
| Program Services | $8,086,833 | ProgramServicesAmt |
| Management And General | $1,253,805 | ManagementAndGeneralAmt |
| Fundraising | $36,371 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $660,608 | BOYAmt |
| EOY | $3,757,183 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,465 | BOYAmt |
| EOY | $210,028 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $763,946 | BOYAmt |
| EOY | $222,828 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,192 | BOYAmt |
| EOY | $58,560 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,032,103 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $18,658,751 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,761,899 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,624,314 | BOYAmt |
| EOY | $24,669,249 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,805 | BOYAmt |
| EOY | $750,199 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,336,069 | BOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600,755 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,034,629 | BOYAmt |
| EOY | $750,199 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,589,685 | BOYAmt |
| EOY | $23,919,050 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,589,685 | BOYAmt |
| EOY | $23,919,050 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,624,314 | BOYAmt |
| EOY | $24,669,249 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$54,339,197 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,331,438 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $129,709 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $107,794 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $331,970 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $482,840 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $573,791 | CurrentTaxYearAmt |
| Total | $1,626,104 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,709,024 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,285,456 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,045,795 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,985,994 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,733,746 | CurrentTaxYearAmt |
| Total | $23,760,015 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,838,733 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,393,250 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,377,765 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,468,834 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,307,537 | CurrentTaxYearAmt |
| Total | $25,386,119 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $25,386,119 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $182 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $160 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $261 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $249 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $248 | CurrentTaxYearAmt |
| Total | $1,100 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $182 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $160 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $261 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $249 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $248 | CurrentTaxYearAmt |
| Total | $1,100 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,838,915 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,393,410 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,378,026 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,469,083 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,307,785 | CurrentTaxYearAmt |
| Total | $25,387,219 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CF STRATEGIC SOLUTIONS GLOBAL EQUITY, LLC | $12,744,060 | F |
| CFI MULTI-STRATEGY BOND FUND, LLC | $5,914,691 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $18,658,751 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER RECEIVABLE | Desc |
| Book Value | $1,761,899 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,761,899 | TotalBookValueOtherAssetsAmt |
| Total Rev Etc Audited Fincl Stmt | -$403,948 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,331,438 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$1,331,438 | RevenueNotReportedAmt |
| Revenue Subtotal | $927,490 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $9,812 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$45,899,490 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$45,889,678 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | -$44,962,188 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,260,836 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,260,836 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $9,812 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $7,106,361 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $7,116,173 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,377,009 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SEE BELOW -45,899,490. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SEE BELOW 7,106,361. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS | THE FINANCIAL STATEMENTS ARE PRESENTED IN ACCORDANCE WITH GAAP, ALL REVENUES, EXPENSES, AND THE LOSS FROM THE ASSET PURCHASE AGREEMENT ARE PRESENTED AFTER CHANGE IN NET ASSETS AS LOSS FROM DISCOUNTED OPERATIONS. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS | THE FINANCIAL STATEMENTS ARE PRESENTED IN ACCORDANCE WITH GAAP, ALL REVENUES, EXPENSES, AND THE LOSS FROM THE ASSET PURCHASE AGREEMENT ARE PRESENTED AFTER CHANGE IN NET ASSETS AS LOSS FROM DISCOUNTED OPERATIONS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NATHAN FLOOD | ||||||||||||||
| PRESIDENT AND CEO | $222,562 | $0 | $0 | $0 | $0 | $0 | $20,031 | $0 | $19,367 | $0 | $261,960 | $0 | $0 | $0 |
| BEN MILLER | ||||||||||||||
| DIR. OF ENGINEERING AND OPERATIONS | $133,911 | $0 | $0 | $0 | $0 | $0 | $9,734 | $0 | $18,197 | $0 | $161,842 | $0 | $0 | $0 |
| GRANT DULL | ||||||||||||||
| DIR. OF BUSINESS OPERATIONS AND DEVE | $142,584 | $0 | $0 | $0 | $0 | $0 | $12,833 | $0 | $7,468 | $0 | $162,885 | $0 | $0 | $0 |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail (5 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt | EINEIN | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionTxt |
|---|---|---|---|---|---|---|---|---|---|
| FIRSTLIGHT FIBER INC | |||||||||
| SALE OF NETWORK FIXED ASSETS | 2022-03-29 | $76,172,339 | BOOK VALUE | 010656735 | 41 STATE STREET 10TH FLOOR | ALBANY | NY | 12207 | CORPORATION |
| FIRSTLIGHT FIBER INC | |||||||||
| SALE OF PREPAID EXPENSES | 2022-03-29 | $116,225 | BOOK VALUE | 010656735 | 41 STATE STREET 10TH FLOOR | ALBANY | NY | 12207 | CORPORATION |
| FIRSTLIGHT FIBER INC | |||||||||
| SALE OF ACCOUNTS RECEIVABLE | 2022-03-29 | $74,345 | BOOK VALUE | 010656735 | 41 STATE STREET 10TH FLOOR | ALBANY | NY | 12207 | CORPORATION |
| RBC | |||||||||
| RBC TRANSACTION FEES | 2022-03-29 | $1,365,190 | FIXED FEE | 411416330 | 200 VESEY STREET | NEW YORK | NY | 10281 | CORPORATION |
| MCNEES WALLACE & NURICK | |||||||||
| LEGAL FEES | 2022-03-29 | $100,000 | FIXED FEE | 231256003 | 100 PINE STREET | HARRISBURG | PA | 171081166 | LIMITED LIABILITY CORPORATION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | 0 | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | 0 | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | DURING THE YEAR ENDED JUNE 30, 2022, THE BOARD ADOPTED NEW BY-LAWS: CHANGES TO MEMBER CLASSES AND TYPES, MAXIMUM SIZE OF THE BOARD DECREASED FROM 20 TO 16 |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE REVIEWS THE DOCUMENT AND ASKS QUESTIONS OF THE AUDITORS AND STAFF. ONCE SATISFIED, THE DOCUMENT IS SENT TO THE FULL BOARD WITH A RECOMMENDATION TO APPROVE AND ACCEPT THE DOCUMENT. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST FORMS ARE RENEWED EACH YEAR BY ALL BOARD MEMBERS, STAFF, AND COMMITTEE MEMBERS. ADDITIONALLY, ANY CONFLICT DISCLOSED IS REVIEWED BY THE COMPLIANCE OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO'S COMPENSATION IS SET BY THE BOARD BASED ON CEO COMPENSATION DATA FROM PEER NON-PROFIT ORGANIZATIONS WHICH IS USED TO DETERMINE AN APPROPRIATE RANGE OF COMPARABLE SALARIES AND THE CEO'S PERFORMANCE. THIS PROCESS IS MANAGED SOLELY BY THE BOARD OF DIRECTORS, NONE OF WHOM RECEIVE COMPENSATION FROM THE ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | CURRENTLY, THESE DOCUMENTS ARE AVAILABLE, UPON REQUEST, AT THE KINBER OFFICE. |
| FORM 990, PART XII, LINE 2C: | THERE HAVE BEEN NO CHANGES TO THE PROCESS. |
Comments