1224 Form 990 (Schedule K) (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f990sk.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

1 Amount of bonds retired . . . . . . . . . . . . . . . . .	A		B		C		D
1 Amount of bonds retired . . . . . . . . . . . . . . . . .
2 Amount of bonds legally defeased . . . . . . . . . . . . .
3 Total proceeds of issue . . . . . . . . . . . . . . . . .
4 Gross proceeds in reserve funds . . . . . . . . . . . . . .
5 Capitalized interest from proceeds . . . . . . . . . . . . .
6 Proceeds in refunding escrows . . . . . . . . . . . . . . .
7 Issuance costs from proceeds . . . . . . . . . . . . . . .
8 Credit enhancement from proceeds . . . . . . . . . . . . .
9 Working capital expenditures from proceeds . . . . . . . . . .
10 Capital expenditures from proceeds . . . . . . . . . . . . .
11 Other spent proceeds . . . . . . . . . . . . . . . . . .
12 Other unspent proceeds . . . . . . . . . . . . . . . . .
13 Year of substantial completion . . . . . . . . . . . . . . .
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a refunding issue of tax-exempt bonds (or, if issued prior to 2018, a current refunding issue)? . . . . . . .
15 Were the bonds issued as part of a refunding issue of taxable bonds (or, if issued prior to 2018, an advance refunding issue)? . . . . . . .
16 Has the final allocation of proceeds been made? . . . . . . . . .
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat. No. 50193E Schedule K (Form 990) (Rev. 12-2024)

Schedule K (Form 990) (Rev. 12-2024) Page 2 Part III Private Business Use

1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .	A		B		C		D
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . . .
3aAre there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . .
b If “Yes” to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . . .
d If “Yes” to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government. . . .	%	%	%	%	%	%	%	%
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . .	%	%	%	%	%	%	%	%
6 Total of lines 4 and 5 . . . . . . . . . . . . . . . . . .	%	%	%	%	%	%	%	%
7 Does the bond issue meet the private security or payment test? . . . .
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?
b If “Yes” to line 8a, enter the percentage of bond-financed property sold or disposed of . . . . . . . . . . . . . . . . . . . . .	%	%	%	%	%	%	%	%
c If “Yes” to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . . .
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? . . .

A B C D 1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Yes No Yes No Yes No Yes No Penalty in Lieu of Arbitrage Rebate? . . . . . . . . . . . . .

2 If “No” to line 1, did the following apply? a Rebate not due yet? . . . . . . . . . . . . . . . . . . b Exception to rebate? . . . . . . . . . . . . . . . . . . c No rebate due? . . . . . . . . . . . . . . . . . . . . If “Yes” to line 2c, provide in Part VI the date the rebate computation was performed . . . . . . . . . . . . . . . . . . . . .

3 Is the bond issue a variable rate issue? . . . . . . . . . . . .

Schedule K (Form 990) (Rev. 12-2024)

Schedule K (Form 990) (Rev. 12-2024) Page 3

Schedule K (Form 990) (Rev. 12-2024)

Schedule K (Form 990) (Rev. 12-2024) Page 4 Part VI Supplemental Information. Provide additional information for responses to questions on Schedule K. See instructions. ( continued )

Schedule K (Form 990) (Rev. 12-2024)