Variable pages · IRS 990 Master Concordance
SK_04_BOND_ARB_HEDGE_TERM
Term of hedge
- Description
- Form990 Schedule KPart IV - Term of hedge
- Table
SK-P04-T01-BOND-ARBITRAGE(many)- Part
- Part IV - Arbitrage
- Location
SCHED-K-PART-04-LINE-04C- Type
- numeric
- Scope
- PC – 990 only
- Database
- F990
- Forms
- SZ
2 / 2
xpaths observed / mapped
17k
filings with a value
2009–2024
tax years observed
0 + 2 reviewed
open flags
Checks
Value checks
| Result | Value check | Detail |
|---|---|---|
| ✓ pass | Values parse as numbers | 100.0% of values are numeric |
| ✓ pass | No sudden change in the median between adjacent years | largest change 1.2x (IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct, 990, TY2018) |
| ✓ pass | Pooled xpaths are on the same scale (same return type) | largest ratio of medians between xpaths: 1.4x |
| ✓ pass | One scale across xpaths (fraction vs percent) | IRS990ScheduleK/Form990ScheduleKPartIV/TermOfHedge: percent or small count; IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct: percent or small count |
Flags
| Flag | Severity | Xpath | Detail | Review |
|---|---|---|---|---|
MANY_NOT_REPEATING | ⓘ info | IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct | many-to-one table, but 51% of values sit in no repeating element | ✓ acceptednoteGenuine repeating group: the group element is the repeat_root in filings with 2+ rows and '' in single-row filings, so the high unrepeated share just means most filers report one row. Pre-2013 the whole Schedule K repeats (repeat_root IRS990ScheduleK), one schedule per bond issue. Evidence: repeats in 24.0% of 12,039 filings, max 43/filing, TY2013-2024; repeat_root: ''=51% ; IRS990ScheduleK/TaxExemptBondsArbitrageGrp=47% ; IRS990ScheduleK=2%. |
MANY_NOT_REPEATING | ⓘ info | IRS990ScheduleK/Form990ScheduleKPartIV/TermOfHedge | many-to-one table, but 51% of values sit in no repeating element | ✓ acceptednoteGenuine repeating group: the group element is the repeat_root in filings with 2+ rows and '' in single-row filings, so the high unrepeated share just means most filers report one row. Pre-2013 the whole Schedule K repeats (repeat_root IRS990ScheduleK), one schedule per bond issue. Evidence: repeats in 24.7% of 4,500 filings, max 27/filing, TY2009-2012; repeat_root: ''=51% ; IRS990ScheduleK/Form990ScheduleKPartIV=47% ; IRS990ScheduleK=1%. |
Xpaths
| Xpath (under /Return/ReturnData or /Return/ReturnHeader) | Form | Years | Filings | % filers | Repeats in | |
|---|---|---|---|---|---|---|
| x1 | IRS990ScheduleK/Form990ScheduleKPartIV/TermOfHedge | SZ | 2009–2012 | 4,500 | 0.75% | 24.7% |
| x2 | IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct | SZ | 2013–2024 | 12,039 | 0.26% | 24.0% |
% filers: percent of in-scope filers whose return has the xpath, in its latest year. Repeats in: share of filings where the element occurs more than once.
Coverage by tax year
| Filings | ’09 | ’10 | ’11 | ’12 | ’13 | ’14 | ’15 | ’16 | ’17 | ’18 | ’19 | ’20 | ’21 | ’22 | ’23 | ’24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| x1 | 673 | 1.2k | 1.3k | 1.3k | ||||||||||||
| x2 | 1.3k | 1.2k | 1.1k | 1.1k | 1.1k | 1.0k | 992 | 967 | 900 | 855 | 838 | 722 | ||||
| Fill rate: % of all filings of the return type (largest xpath) | ||||||||||||||||
| 990 | 2 | 1 | 1 | 1 | 1 | 1 | <1 | <1 | <1 | <1 | <1 | <1 | <1 | <1 | <1 | <1 |
Filings with a value, by xpath (rows, numbered as in the xpath table) and tax year. A change of row from one year to the next is usually the IRS renaming the element (most were renamed in 2013). Hover a cell for the exact count.
Values
| Return | Filings | % numeric | % zero | % negative | P25 | Median | P75 | P99 |
|---|---|---|---|---|---|---|---|---|
| 990 | 16,539 | 100.0% | 9.6% | 0.0% | 9 | 14 | 22.90 | 39.94 |
Percentiles are the median over tax years of each year's percentile.