AMERICAS CHARTER SCHOOL FINANCE COOPERATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAS CHARTER SCHOOL FINANCE COOPERATION (EIN 06-1595035)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201623209349102057
- Schema version
- 2015v2.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- General Explanation Attachment
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T12:02:35-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 8TH FLOOR | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061595035 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | America's Charter School Finance Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PAUL R LELECKCFO | InCareOfNm |
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 2024571994 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17th Street NW Suite 1100 | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL R LELECK | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2024571994 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey J Schragg | PreparerPersonNm |
| PTIN | P00234543 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $7,190,502 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $7,653 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,653 | InterestOnSavNetInvstIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $74,791 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $82,444 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,653 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $33,993 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $3,813 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $30,180 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,090 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $1,273 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,817 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $847 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $212 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $635 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,185 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,593 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $12,593 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $417 | TaxesRevAndExpnssAmt |
| Occupancy Rev And Expnss | $7,696 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $770 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $6,926 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,373 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,373 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,205 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,581 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $624 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $77,806 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,242 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $57,148 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $77,806 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,242 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $57,148 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,638 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,803,240 | CashBOYAmt |
| Cash EOY | $801,459 | CashEOYAmt |
| Cash EOYFMV | $801,459 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,410,783 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,177,584 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,177,584 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $11,459 | AcctRcvblAmt |
| Acct Rcvbl BOY | $6,687 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $11,459 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $11,459 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $200,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $200,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,220,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,190,502 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $7,190,502 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,655 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $60 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $40,818 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $56,044 | DeferredRevenueEOYAmt |
| Other Liabilities BOY | $59,602 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $15,125 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $106,075 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $71,229 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | -$24,562 | UnrestrictedBOYAmt |
| Unrestricted EOY | -$24,562 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $7,139,197 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $7,143,835 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,114,635 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,119,273 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,220,710 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,190,502 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,114,635 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,638 | ExcessRevenueOverExpensesAmt |
| Subtotal | $7,119,273 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,119,273 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,454,291 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,515,029 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.543583 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,102,331 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $3,924,933 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.280853 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,238,511 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $3,430,370 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.652557 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,282,631 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $3,355,926 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.382199 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,906,274 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $3,301,789 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.577346 | DistributionYr5Rt |
| Total Distribution | 2.436538 | TotalDistributionRt |
| Average Distribution | 0.487308 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $7,661,720 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,733,617 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,733,617 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,515,148 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $750 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $750 | TotalPaymentsAndCreditsAmt |
| Overpayment | $750 | OverpaymentAmt |
| Applied To ES Tax | $750 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.BUILDINGHOPE.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL R LELECKCFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024571994 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW SUITE 1100 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| S JOSEPH BRUNO | |||||||
| 910 17th Street NW | Washington | DC | 20006 | DIRECTOR & PRESIDENT | 2.0 | $5,647 | $969 |
| THOMAS PORTER | |||||||
| 910 17th Street NW | Washington | DC | 20006 | DIRECTOR & SECRETARY | 1.0 | $7,377 | $3,191 |
| PAUL R LELECK | |||||||
| 910 17th Street NW | Washington | DC | 20006 | TREASURER & CFO | 2.0 | $14,892 | $1,917 |
| MARIANNE M KELER | |||||||
| 910 17th Street NW | Washington | DC | 20006 | CHAIRMAN | 1.0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | BROAD STREET CHARTER SCHOOL FACILITY CREDIT ENHANCEMENT TO SUPPORT THE REFINANCE & RENOVATION OF A CHARTER SCHOOL FACILITY. | Description1Txt |
| Expenses1 | $658,000 | Expenses1Amt |
| Description2 | 5601 EAST CAPITOL, LLC CREDIT ENHANCEMENT TO SUPPORT THE RENOVATION & CONSTRUCTION OF A CHARTER SCHOOL FACILITY. | Description2Txt |
| Expenses2 | $500,000 | Expenses2Amt |
| All Other Program Rltd Invst Tot | $2,300,000 | AllOtherProgramRltdInvstTotAmt |
| Total | $3,458,000 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,778,396 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $7,778,396 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $7,778,396 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $116,676 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,661,720 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $383,086 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $383,086 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $383,086 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $3,458,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,841,086 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,841,086 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $57,148 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $3,458,000 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $3,515,148 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,515,148 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,841,086 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,001,018 | UndistributedIncomePYAmt |
| Prior Year1 | 2013 | PriorYear1Yr |
| Prior Year2 | 2012 | PriorYear2Yr |
| Prior Year3 | 2011 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,515,148 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,001,018 | AppliedToYear1Amt |
| Applied To Current Year | $2,514,130 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,326,956 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GUARANTY, COMMITMENT & ORIGINATION FEES | Desc |
| Related Or Exempt Function Incm | $74,791 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,653 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Div And Int From Sec Part VII | DivAndIntFromSecPartVIIGrp | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp | |
| Gain Sales Ast Oth Than Invntry | GainSalesAstOthThanInvntryGrp | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $7,653 | ExclusionAmt |
| Related Or Exempt Function Incm | $74,791 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $82,444 | 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 | 1A | LineNumberTxt |
| Relationship Statement | ORIGINATION AND GUARANTY FEES OF THIRD PARTY LOANS TO PUBLIC CHARTER SCHOOLS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $25,185 | Amt |
| Net Investment Income | $12,593 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,592 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| TWO RIVERS CREDIT ENHANCEMENT TO SUPPORT THE RENOVATION AND CONSTRUCTION OF A CHARTER SCHOOL FACILITY. | $500,000 |
| APPLETREE CREDIT ENHANCEMENT TO SUPPORT THE REFINANCE OF A CHARTER SCHOOL FACILITY. | $400,000 |
| CSDC - ENCORE CREDIT ENHANCEMENT TO SUPPORT THE ACQUISITION OF A CHARTER SCHOOL FACILITY. | $400,000 |
| CSII - GIBBS CREDIT ENHANCEMENT TO SUPPORT THE RENOVATION AND CONSTRUCTION OF A CHARTER SCHOOL FACILITY. | $400,000 |
| FREIRE (DE) CREDIT ENHANCEMENT TO SUPPORT THE REFINANCE OF A CHARTER SCHOOL FACILITY. | $400,000 |
| WASHINGTON GLOBAL CREDIT ENHANCEMENT TO SUPPORT THE REFINANCE OF A CHARTER SCHOOL FACILITY. | $200,000 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | CASH DEEMED HELD FOR CHARITABLE ACTIVITIES - Form 990PF, Part X, Line 4 | IdentifierTxt |
| Form And Line Reference | CASH DEEMED HELD FOR CHARITABLE ACTIVITIES - Form 990PF, Part X, Line 4 | FormAndLineReferenceDesc |
| Medium Explanation | AMERICA'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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $200,000 | EOYBookValueAmt |
| EOYFMV | $200,000 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK SERVICE CHARGES | $1,533 | $1,533 | $0 | $0 |
| TELEPHONE | $484 | $48 | $0 | $436 |
| MISCELLANEOUS EXPENSES | $188 | $0 | $0 | $188 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GUARANTY, COMMITMENT & ORIGINATION FEES | Desc |
| Revenue And Expenses Per Books | $74,791 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO AFFILIATES | Desc |
| BOY Book Value | $59,602 | BOYBookValueAmt |
| EOY Book Value | $15,125 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $417 | Amt |
Comments