AMERICAS CHARTER SCHOOL FINANCE COOPERATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
AMERICAS CHARTER SCHOOL FINANCE COOPERATION (EIN 06-1595035)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201943199349100409
Schema version
2018v3.1
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)
Return2019-11-15T06:28:29-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1Txt

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 Begin2018-01-01TaxPeriodBeginDt

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% PAUL R LELECK CFOInCareOfNm
Business Name ControlAMERBusinessNameControlTxt
Phone2024571994PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1910 17th Street NW Suite 1100AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPAUL R LELECKPersonNm
Person TitleCFOPersonTitleTxt
Phone2024571994PhoneNum
Signature2019-11-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJacob CookPreparerPersonNm
PTINP01240455PTIN
Phone7038930600PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address68.50.184.220IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id54621820193195000008FederalOriginalSubmissionId
Federal Original Submission Id2019-11-15FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC44969C09172B32DC5279494C6AE8494327A5917AtSubmissionCreationDeviceId
At Submission Filing Device Id5A87CDB628F42FEBEB468B67B291677CC8A0A888AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,344,221FMVAssetsEOYAmt
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$49,606InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$49,606InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$90,047OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$139,653TotalRevAndExpnssAmt
Total Net Invst Incm$49,606TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$16,420CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$1,891CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$14,529CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$3,103OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$776OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$2,327OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$360PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$90PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$270PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss$38,077AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$19,039AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$19,038AccountingFeesChrtblPrpsAmt
Occupancy Rev And Expnss$6,420OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$642OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$5,778OccupancyDsbrsChrtblAmt
Other Expenses Rev And Expnss$799OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$555OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$244OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$65,179TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$22,993TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$0TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$42,186TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$65,179TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$22,993TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$0TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$42,186TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$74,474ExcessRevenueOverExpensesAmt
Net Investment Income$26,613NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$612,301CashBOYAmt
Cash EOY$868,077CashEOYAmt
Cash EOYFMV$868,077CashEOYFMVAmt
Sav And Temp Cash Invst BOY$6,457,562SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$6,266,472SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$6,266,472SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$2,126AcctRcvblAmt
Acct Rcvbl BOY$4,753AcctRcvblBOYAmt
Acct Rcvbl EOY$2,126AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$2,126AcctRcvblEOYFMVAmt
Other Assets BOY$200,464OtherAssetsBOYAmt
Other Assets EOY$207,546OtherAssetsEOYAmt
Other Assets EOYFMV$207,546OtherAssetsEOYFMVAmt
Total Assets BOY$7,275,080TotalAssetsBOYAmt
Total Assets EOY$7,344,221TotalAssetsEOYAmt
Total Assets EOYFMV$7,344,221TotalAssetsEOYFMVAmt
Accounts Payable BOY$0AccountsPayableBOYAmt
Deferred Revenue BOY$35,881DeferredRevenueBOYAmt
Deferred Revenue EOY$30,765DeferredRevenueEOYAmt
Other Liabilities BOY$26,791OtherLiabilitiesBOYAmt
Other Liabilities EOY$26,574OtherLiabilitiesEOYAmt
Total Liabilities BOY$62,672TotalLiabilitiesBOYAmt
Total Liabilities EOY$57,339TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY-$24,562UnrestrictedBOYAmt
Unrestricted EOY-$24,562UnrestrictedEOYAmt
Temporarily Restricted BOY$7,236,970TemporarilyRestrictedBOYAmt
Temporarily Restricted EOY$7,311,444TemporarilyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$7,212,408TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,286,882TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,275,080TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,344,221TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,212,408TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$74,474ExcessRevenueOverExpensesAmt
Subtotal$7,286,882SubtotalAmt
Tot Net Ast Or Fund Balances EOY$7,286,882TotNetAstOrFundBalancesEOYAmt
FieldValueIRS element (for citing)
Cap Gains Loss Tx Invst Incm DetailCapGainsLossTxInvstIncmDetail

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,279,128AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,497,494NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.854179DistributionYr1Rt
Adjusted Qlfy Distri Yr2$1,331,545AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$1,840,534NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.723456DistributionYr2Rt
Adjusted Qlfy Distri Yr3$3,515,148AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$7,661,720NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.458794DistributionYr3Rt
Adjusted Qlfy Distri Yr4$2,454,291AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$4,515,029NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.543583DistributionYr4Rt
Adjusted Qlfy Distri Yr5$1,102,331AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$3,924,933NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.280853DistributionYr5Rt
Total Distribution2.860865TotalDistributionRt
Average Distribution0.572173AverageDistributionRt
Net Vl Noncharitable Assets$641,125NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$366,834AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$266NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$367,100AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$1,352,186QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$266InvestmentIncomeExciseTaxAmt
Subtotal$266SubtotalAmt
Tax Based On Investment Income$266TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$645EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$645TotalPaymentsAndCreditsAmt
Overpayment$379OverpaymentAmt
Applied To ES Tax$379AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
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 GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
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 Line1PAUL R LELECK CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2024571994PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1910 17TH STREET NW SUITE 1100AddressLine1Txt
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 PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
S JOSEPH BRUNO
910 17th Street NW SUITE 1100WASHINGTONDC20006DIRECTOR & PRESIDENT1.0$3,866$591$0
THOMAS PORTER
910 17th Street NW SUITE 1100WASHINGTONDC20006VP, MID-ATLANTIC REGION1.0$4,300$1,049$0
PAUL R LELECK
910 17th Street NW SUITE 1100WASHINGTONDC20006TREASURER & CFO1.0$6,012$602$0

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1HARLEM HEBREW CREDIT ENHANCEMENT TO SUPPORT THE RENOVATION AND EXPANSION OF A CHARTER SCHOOLDescription1Txt
Expenses1$550,000Expenses1Amt
Description2BREAKTHROUGH MONTESSORI CREDIT ENHANCEMENT TO SUPPORT A LEASE TO A CHARTER SCHOOLDescription2Txt
Expenses2$260,000Expenses2Amt
All Other Program Rltd Invst Tot$500,000AllOtherProgramRltdInvstTotAmt
Total$1,310,000TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$650,888AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$650,888TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$650,888AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$9,763CashDeemedCharitableAmt
Net Vl Noncharitable Assets$641,125NetVlNoncharitableAssetsAmt
Minimum Investment Return$32,056MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$32,056MinimumInvestmentReturnAmt
Tax Based On Investment Income$266TaxBasedOnInvestmentIncomeAmt
Total Tax$266TotalTaxAmt
Distributable Before Adj$31,790DistributableBeforeAdjAmt
Distributable Before Ded$31,790DistributableBeforeDedAmt
Distributable As Adjusted$31,790DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$42,186ExpensesAndContributionsAmt
Program Related Invst Total$1,310,000ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$1,352,186QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$266PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$1,351,920AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$31,790DistributableAsAdjustedAmt
Undistributed Income PY$1,027,201UndistributedIncomePYAmt
Prior Year12016PriorYear1Yr
Prior Year22015PriorYear2Yr
Prior Year32014PriorYear3Yr
Excess Distribution Cyov Yr4$0ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$0ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$0ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$1,352,186QualifyingDistributionsAmt
Applied To Year1$1,027,201AppliedToYear1Amt
Applied To Current Year$31,790AppliedToCurrentYearAmt
Remaining Distri From Corpus$293,195RemainingDistriFromCorpusAmt
Total Corpus$293,195TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$293,195ExcessDistriCyovToNextYrAmt
Excess From Year4$0ExcessFromYear4Amt
Excess From Year3$0ExcessFromYear3Amt
Excess From Year2$0ExcessFromYear2Amt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$293,195ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp (3 entries)

DescDescRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
GUARANTY, COMMITMENT & ORIGINATION FEES$82,797
LEGAL INCOME$5,850
UNDERWRITING INCOME$1,400
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$49,606ExclusionAmt
FieldValueIRS element (for citing)
Div And Int From Sec Part VIIDivAndIntFromSecPartVIIGrp
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment Incm Part VIIOtherInvestmentIncmPartVIIGrp
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$49,606ExclusionAmt
Related Or Exempt Function Incm$90,047RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$139,653TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1AORIGINATION AND GUARANTY FEES OF THIRD PARTY LOANS TO PUBLIC CHARTER SCHOOLS.
1BLEGAL INCOME
1CUNDERWRITING 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$38,077Amt
Net Investment Income$19,039NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$19,038DisbursementsCharitablePrpsAmt

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Other Program Related Invst AllOtherProgramRelatedInvstGrp (2 entries)

DescDescAmtAmt
ELEVATE CREDIT ENHANCEMENT TO SUPPORT THE CONSTRUCTION OF A FACILITY TO BE LEASED BY A CHARTER SCHOOL$250,000
EQUITY EDUCATION CREDIT ENHANCEMENT TO COVER OPERATING EXPENSES OF A CHARTER SCHOOL$250,000

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierCASH DEEMED HELD FOR CHARITABLE ACTIVITIES - Form 990PF, Part X, Line 4IdentifierTxt
Form And Line ReferenceCASH DEEMED HELD FOR CHARITABLE ACTIVITIES - Form 990PF, Part X, Line 4FormAndLineReferenceDesc
Medium ExplanationAMERICA'S CHARTER HAS PROVIDED FINANCIAL GUARANTEES TO CHARTER SCHOOLS SEEKING TO LEASE, PURCHASE, OR RENOVATE SCHOOL FACILITIES. GUARANTEES HAVE BEEN EXTENDED WHICH COVER BOTH LEASE AND MORTGAGE PAYMENTS.MediumExplanationTxt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
SECURITY DEPOSITS$200,464$200,464$200,464
DUE TO AFFILIATES$0$7,082$7,082

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES - FED$528$528$0$0
TELEPHONE$271$27$244

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Guaranteed Fees$82,797
Legal Income$5,850
Underwriting Income$1,400

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDUE TO AFFILIATESDesc
BOY Book Value$26,791BOYBookValueAmt
EOY Book Value$26,574EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryEXCISE TAXCategoryTxt

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