INDEPENDENCE TAX CREDIT PLUS LP IV Financial Statements (2026 and earlier)

Company Profile

Business Address 100 CHURCH STREET, 15TH FLOOR
NEW YORK, NY 10007
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 65 - Real Estate (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2017
MRQ
3/31/2017
3/31/2016
3/31/2015
3/31/2014
3/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,841,212867,364706,6521,076,2411,117,442
Cash and cash equivalent 1,841,212867,364706,6521,076,2411,117,442
Total current assets: 1,841,212867,364706,6521,076,2411,117,442
Noncurrent Assets
Property, plant and equipment 51,133181,1521,089,9091,374,0705,268,589
Regulated entity, other noncurrent assets 17,290    
Total noncurrent assets: 68,423181,1521,089,9091,374,0705,268,589
Other undisclosed assets 561,295804,9691,275,7912,345,2082,530,291
TOTAL ASSETS: 2,470,9301,853,4853,072,3524,795,5198,916,322
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 8,00030,00054,000112,000127,000
Total current liabilities: 8,00030,00054,000112,000127,000
Noncurrent Liabilities
Other undisclosed liabilities 1,886,7305,877,13013,327,25026,574,45827,669,330
Total liabilities: 1,894,7305,907,13013,381,25026,686,45827,796,330
Equity
Equity, attributable to noncontrolling interest  136,181(474,123)  
Other undisclosed equity 576,200(4,189,826)(9,834,775)(21,890,939)(18,880,008)
Total equity: 576,200(4,053,645)(10,308,898)(21,890,939)(18,880,008)
TOTAL LIABILITIES AND EQUITY: 2,470,9301,853,4853,072,3524,795,5198,916,322

Income Statement (P&L) (USD)

9/30/2017
TTM
3/31/2017
3/31/2016
3/31/2015
3/31/2014
3/31/2013
Revenues 101,702,7092,869,9483,604,1504,176,443
Net investment income 10 (28)  
Cost of revenue
(Cost of Product and Service Sold)
  (376,272)(478,645)(573,925)(619,484)
Gross profit: 101,326,4372,391,3033,030,2253,556,959
Operating expenses   (3,204,304)(6,645,097)(10,447,742)
Operating income (loss): 101,326,437(813,001)(3,614,872)(6,890,783)
Interest and debt expense (3,712)(5,893)(428,717)(813,710)(920,906)
Income (loss) from continuing operations: (3,702)1,320,544(1,241,718)(4,428,582)(7,811,689)
Income (loss) before gain (loss) on sale of properties: 5,356,44211,864,79310,332,951(4,428,582)(7,811,689)
Income from discontinued operations 5,360,14410,544,24911,574,669  
Other undisclosed net income (loss) (726,597)(1,654,273)907,3621,719,6006,844,324
Net income (loss): 4,629,84510,210,52011,240,313(2,708,982)(967,365)
Net income (loss) attributable to noncontrolling interest (132,000)(3,527,228)(482,079)711,991(1,042,186)
Other undisclosed net income attributable to parent 263,772    
Net income (loss) available to common stockholders, diluted: 4,761,6176,683,29210,758,234(1,996,991)(2,009,551)

Comprehensive Income (USD)

9/30/2017
TTM
3/31/2017
3/31/2016
3/31/2015
3/31/2014
3/31/2013
Net income (loss): 4,629,84510,210,52011,240,313(2,708,982)(967,365)
Comprehensive income (loss): 4,629,84510,210,52011,240,313(2,708,982)(967,365)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (132,000)(3,527,228)(482,079)(711,991)1,042,186
Comprehensive income (loss), net of tax, attributable to parent: 4,497,8456,683,29210,758,234(3,420,973)74,821

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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