Api Dc Properties INC EIN 20-4747722

Api Dc Properties INC FY2021 filing

EIN  20-4747722 Mutual-benefit / member-serving San Antonio, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Owns property for another tax-exempt group.
Leadership
Daniel Maddux · Executive Director
Money in and out
$306K revenue, $84K expenses
Bottom line
+73% surplus margin

Owns property for another tax-exempt group. For fiscal year 2021 it reported $306K in revenue, $84K in expenses, and $112K in net assets.Pt I

Reported financial activity · FY2021
Total revenue
$306K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$112K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $222K
Surplus margin
+73%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$306K
FY2021▲ +87%
Expenses
$84K
FY2021▼ -10%
Total assets
$112K
FY2021▼ -81%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$306K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$112K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$222K
Total assetsPt X · Ln 16$112K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2021.
01

To hold title of real estate in DC area for another exempt organization.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CApi Dc Properties INC
EINHdr · item D20-4747722
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jwww.americanpayroll.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(2) · active
NTEE classificationIRS BMFCommunity Development (S47)
Ruling yearIRS BMFJun 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President and Treasurer
$0Pt VII · Sec A
See Api Dc Properties INC executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$306K
Total revenueLn 12$306K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$112K
Total liabilitiesLn 26$0
Total net assetsLn 32$112K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $84K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $84K
Management & General
Management & general — · Total expenses $84K
Fundraising
Fundraising — · Total expenses $84K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $306K
0%
Government reliance
Government grants — · Total revenue $306K
Earned-income share
Program service revenue $0 · Total revenue $306K
0%
Investment reliance
Investment income $306K · Total revenue $306K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $84K
0%
Growth & trend
Revenue growth (YoY)
This year $306K · Prior year $164K
+87%
Net-asset trend (YoY)
End of year $112K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $306K · Expenses $84K
+73%
Liabilities-to-Assets
Total liabilities — · Total assets $112K
Net-asset ratio
Net assets $112K · Total assets $112K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $112K
0%
People & payroll
Highest Reported Total Compensation
Individual Daniel Maddux · Reported title Executive Director · Highest reported compensation $0 · Total expenses $84K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12K · Total expenses $84K
14%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 87%
Investment management fee ratio 0%
Legal fee ratio 10%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$0 revenue · ⤓ 990 PDF
FY2023$0 revenue · ⤓ 990 PDF
FY2022$0 revenue · ⤓ 990 PDF
FY2021$306K revenue · viewing · ⤓ 990 PDF
FY2020$164K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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