Civic Intelligence

Breakwater Learning

990 • Fiscal year 2019 • EIN 01-0249577

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 14, 2020

Organization ProfileWWW.BREAKWATERSCHOOL.ORG

View Organization Page

865 Brighton AvenuePortland, ME 04102

(207) 772-8689

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.64x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

0.68x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

28th percentile

-4.5%

Higher net margin than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$151,824

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

14th percentile

-8.0%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

1.3%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$4,106,973

Down $355,267 (-8.0%) from 2018

Net Assets

Down

$1,465,502

Down $172,400 (-11%) from 2018

Liabilities

Down

$2,641,471

Down $182,867 (-6.5%) from 2018

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin28th percentile

Revenue

Up

$3,859,527

Up $49,987 (+1.3%) from 2018

Expenses

Down

$4,031,927

Down $98,517 (-2.4%) from 2018

Net Income

Up

-$172,400

Up $148,504 (+46%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $3,711,998Liabilities 2011: $1,732,546Net Assets 2011: $1,979,4522011Assets 2012: $3,785,527Liabilities 2012: $1,947,881Net Assets 2012: $1,837,6462012Assets 2013: $3,796,495Liabilities 2013: $2,074,670Net Assets 2013: $1,721,8252013Assets 2014: $3,736,378Liabilities 2014: $1,635,910Net Assets 2014: $2,100,4682014Assets 2015: $3,848,328Liabilities 2015: $1,735,229Net Assets 2015: $2,113,0992015Assets 2016: $4,096,984Liabilities 2016: $2,062,859Net Assets 2016: $2,034,1252016Assets 2017: $4,409,559Liabilities 2017: $2,431,205Net Assets 2017: $1,978,3542017Assets 2018: $4,462,240Liabilities 2018: $2,824,338Net Assets 2018: $1,637,9022018Assets 2019: $4,106,973Liabilities 2019: $2,641,471Net Assets 2019: $1,465,5022019Assets 2020: $4,023,327Liabilities 2020: $2,355,307Net Assets 2020: $1,668,0202020Assets 2021: $5,120,298Liabilities 2021: $3,055,241Net Assets 2021: $2,065,0572021Assets 2022: $5,329,217Liabilities 2022: $3,154,184Net Assets 2022: $2,175,0332022Assets 2023: $5,885,434Liabilities 2023: $3,580,509Net Assets 2023: $2,304,9252023Assets 2024: $5,954,117Liabilities 2024: $3,034,349Net Assets 2024: $2,919,7682024Assets 2025: $5,650,338Liabilities 2025: $2,926,051Net Assets 2025: $2,724,2872025

Highlighted filing

2019

Assets$4,106,973
Liabilities$2,641,471
Net Assets$1,465,502
Open 2019 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,192,4182011Expenses 2012: $2,388,0102012Revenue 2013: $2,186,283Expenses 2013: $2,407,888Net Income 2013: -$221,6052013Revenue 2014: $2,798,085Expenses 2014: $2,388,153Net Income 2014: $409,9322014Revenue 2015: $3,128,404Expenses 2015: $3,107,230Net Income 2015: $21,1742015Revenue 2016: $3,178,127Expenses 2016: $3,249,267Net Income 2016: -$71,1402016Revenue 2017: $3,535,183Expenses 2017: $3,496,277Net Income 2017: $38,9062017Revenue 2018: $3,809,540Expenses 2018: $4,130,444Net Income 2018: -$320,9042018Revenue 2019: $3,859,527Expenses 2019: $4,031,927Net Income 2019: -$172,4002019Revenue 2020: $4,073,860Expenses 2020: $3,871,342Net Income 2020: $202,5182020Revenue 2021: $3,833,883Expenses 2021: $3,489,779Net Income 2021: $344,1042021Revenue 2022: $4,201,509Expenses 2022: $3,918,911Net Income 2022: $282,5982022Revenue 2023: $4,775,965Expenses 2023: $4,690,463Net Income 2023: $85,5022023Revenue 2024: $5,564,974Expenses 2024: $5,017,473Net Income 2024: $547,5012024Revenue 2025: $5,029,887Expenses 2025: $5,275,147Net Income 2025: -$245,2602025

Highlighted filing

2019

Revenue$3,859,527
Expenses$4,031,927
Net Income-$172,400
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$3,859,527
Mission and Program Overview

Mission

The school's mission is to engage students in an optimal learning experience that inspires them to live well on the planet, embrace their whole being, and realize their full potential. This is accomplished by continually reviewing and applying best educational practice while remaining true to our community's values and spirit.

School with programs for toddlers through grade eight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,382,736$3,256,868▼ $125,868
Accounts Receivable$207,052$318,915▲ $111,863
Savings and Temporary Cash Investments$315,138$291,585▼ $23,553
Investments in Publicly Traded Securities$125,202$137,734▲ $12,532
Intangible Assets$43,381$40,028▼ $3,353
Pledges and Grants Receivable$1,694$32,500▲ $30,806
Prepaid Expenses and Deferred Charges$51,128$28,735▼ $22,393
Cash and Non-Interest-Bearing Accounts$335,909$608▼ $335,301
Total Assets$4,462,240$4,106,973▼ $355,267
Liabilities
Deferred Revenue$1,330,158$1,263,522▼ $66,636
Mortgage Notes Payable Secured by Investment Property$1,262,761$1,170,676▼ $92,085
Accounts Payable and Accrued Expenses$224,330$204,663▼ $19,667
Escrow Account Liability$7,089$2,610▼ $4,479
Total Liabilities$2,824,338$2,641,471▼ $182,867
Net Assets / Fund Balance
Unrestricted Net Assets$795,118$574,908▼ $220,210
Permanently Rstr Net Assets$532,967$536,967▲ $4,000
Temporarily Rstr Net Assets$309,817$353,627▲ $43,810
Total Net Assets Fund Balance$1,637,902$1,465,502▼ $172,400
Total Liabilities and Net Assets / Fund Balance$4,462,240$4,106,973▼ $355,267

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,786,946$1,846,844$4,633,790
Equipment$146,596$648,310$794,906
Land$323,326-$323,326

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$125,202$274▲ $12,258-$137,734
2018$116,392$2,320▲ $6,490-$125,202
2017$106,754$905▲ $8,733-$116,392
2016$103,880$11,986▼ $9,112-$106,754
2015$169,052$17,756▼ $7,928$75,000$103,880
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David SullivanExecutive DirectorFT$141,288$10,536$151,824

Board Members and Trustees

NameTitle
Josiah PierceChair
Theo KalikowVice Chair
Bill MelcherTrustee
Erik CalhounTrustee
Josh EdwardsTrustee
Kendra CornwallTrustee
Kristin KoppTrustee
Reid CreweTrustee
Gretchen DrownSecretary
Whit FordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$149,222
Program Service Revenue
$3,674,693
Investment Income
$35,612
Other Revenue
$0
All Other Contributions
$149,222
Change in Net Assets
$-172,400

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$35,296Fair Market Value (FMV)
Total Noncash Contributions4$35,296-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,010,052
Revenue Not Reported on Financial Statements
$849,475
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$849,475
Total Revenue per Audited Statements
$3,010,052
Total Revenue per Form 990
$3,859,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,301,040
Other Expenses$881,412
Grants and Similar Amounts Paid$849,475
Total Fundraising Expense$78,504
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,404,574$355,267$39,526$1,799,367
Grants to Domestic Individuals$849,475--$849,475
Depreciation Depletion$189,448$57,936$4,396$251,780
Other Employee Benefits$174,002$36,734$4,517$215,253
All Other Expenses$103,527$64,632$1,465$169,624
Current Officers, Directors, Trustees, and Key Employees$91,094$53,138$7,592$151,824
Payroll Taxes$80,614$47,235$6,747$134,596
Other Expenses$50,077$14,090$1,163$65,330
Interest$41,642$15,091-$56,733
Insurance$10,158$31,842$5,134$47,134
Fees for Services Accounting-$33,976-$33,976
Advertising$2,469$13,967$3,718$20,154
Information Technology$805$4,859-$5,664
Fees for Services Other$1,421$2,631-$4,052
Travel-$1,514-$1,514
Total Functional Expenses$3,166,928$786,495$78,504$4,031,927

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,031,927
Expenses per Audited Statements$3,182,452
Total Expenses per Audited Statements$3,182,452
Expenses Not Reported on Financial Statements$849,475
Other Expense Adjustments$849,475
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The 990 return is reviewed and approved by the Executive Director, then sent to all members of the finance committee for review prior to filing. A copy is distributed to the full board prior to filing.”

Form 990, Part VI, Section B, line 12C

“Once a year the board of directors are required to disclose any conflict of interests and sign the conflict of interest policy.”

Form 990, Part VI, Section B, line 15

“The school has a compensation committee that reviews and approves the Executive Director's salary each year, taking into account salary and benefit levels for similar positions at other schools.”

Form 990, Part VI, Section C, line 18

“The School makes its governing documents, conflict of interest policy, financial statements and 990 available to the public upon request at the school's library. The 990 is also avaiable on Guidestar.”

Form 990, Part VI, Section C, line 19

“See line 18 above.”

Filing and Contact Details

Filer

Filer Name
Breakwater Learning
EIN
01-0249577
Phone
2077728689
Address
865 BRIGHTON AVENUE, PORTLAND, ME 04102

Signing Officer

Name
David Sullivan
Title
Executive Director
Phone
2077728689
Signed
2020-07-14

Organization Details

Principal Officer
David Sullivan
Formed
1977
Legal Domicile
Me
Voting Board Members
14
Independent Board Members
14
Employees
142
Volunteers
22

Preparer

Firm
Pgm LLC
Address
265 Main Street, Biddeford, ME 04005
Phone
2074155714
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

“Funds held on behalf of others”

Part XI, Line 4B - Other Adjustments:

“Financial aid for students”

Part XII, Line 4B - Other Adjustments:

“Financial aid for students”

Part IV, Line 2B

“Funds held for the Breakwater Parent Connection.”

Raw XML AppendixShowing 400 of 553 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04859
IRS990/InformationTechnologyGrp/ProgramServicesAmt0805
IRS990/InformationTechnologyGrp/TotalAmt05664
IRS990/InsuranceGrp/FundraisingAmt05134
IRS990/InsuranceGrp/ManagementAndGeneralAmt031842
IRS990/InsuranceGrp/ProgramServicesAmt010158
IRS990/InsuranceGrp/TotalAmt047134
IRS990/IntangibleAssetsGrp/BOYAmt043381
IRS990/IntangibleAssetsGrp/EOYAmt040028
IRS990/InterestGrp/ManagementAndGeneralAmt015091
IRS990/InterestGrp/ProgramServicesAmt041642
IRS990/InterestGrp/TotalAmt056733
IRS990/InvestmentIncomeGrp/ExclusionAmt032279
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032279
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0125202
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0137734
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02495154
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03382736
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03256868
IRS990/LandBldgEquipCostOrOtherBssAmt05752022
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BREAKWATER LEARNING'S MISSION IS TO ENGAGE STUDENTS IN AN OPTIMAL LEARNING EXPERIENCE THAT INSPIRES THEM TO LIVE WELL ON THE PLANET, EMBRACE THEIR WHOLE BEING, AND REALIZE THEIR FULL POTENTIAL. THIS IS ACCOMPLISHED BY CONTINUALLY REVIEWING AND APPLYING BEST EDUCATIONAL PRACTICES WHILE REMAINING TRUE TO OUR COMMUNITY'S VALUES AND SPIRIT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01262761
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01170676
IRS990/NetAssetsOrFundBalancesBOYAmt01637902
IRS990/NetAssetsOrFundBalancesEOYAmt01465502
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03333
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt03333
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04517
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036734
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0174002
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0215253
IRS990/OtherExpensesGrp/Desc0Program cost
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Repairs & maintenance
IRS990/OtherExpensesGrp/FundraisingAmt02565
IRS990/OtherExpensesGrp/FundraisingAmt11681
IRS990/OtherExpensesGrp/FundraisingAmt21163
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07137
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt128986
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217460
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt314090
IRS990/OtherExpensesGrp/ProgramServicesAmt072083
IRS990/OtherExpensesGrp/ProgramServicesAmt147359
IRS990/OtherExpensesGrp/ProgramServicesAmt248180
IRS990/OtherExpensesGrp/ProgramServicesAmt350077
IRS990/OtherExpensesGrp/TotalAmt081785
IRS990/OtherExpensesGrp/TotalAmt178026
IRS990/OtherExpensesGrp/TotalAmt265640
IRS990/OtherExpensesGrp/TotalAmt365330
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt039526
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0355267
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01404574
IRS990/OtherSalariesAndWagesGrp/TotalAmt01799367
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06747
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt047235
IRS990/PayrollTaxesGrp/ProgramServicesAmt080614
IRS990/PayrollTaxesGrp/TotalAmt0134596
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0532967
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0536967
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01694
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt032500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051128
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028735
IRS990/PrincipalOfficerNm0DAVID SULLIVAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03674693
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03674693
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0218846
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0914594
IRS990/PYInvestmentIncomeAmt025533
IRS990/PYOtherExpensesAmt0913940
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03565161
IRS990/PYRevenuesLessExpensesAmt0-320904
IRS990/PYSalariesCompEmpBnftPaidAmt02301910
IRS990/PYTotalExpensesAmt04130444
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03809540
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-172400
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03674693
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0315138
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0291585
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt07089
IRS990ScheduleD/BuildingsGrp/BookValueAmt02786946
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01846844
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04633790
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0125202
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0274
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0137734
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt012258
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0116392
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02320
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0125202
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0106754
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0905
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0116392
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08733
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0103880
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt011986
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0106754
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-9112
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0169052
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt017756
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0103880
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-7928
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt075000
IRS990ScheduleD/DistributionsDuringYearAmt04479
IRS990ScheduleD/EndingBalanceAmt02610
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0146596
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0648310
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0794906
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0849475
IRS990ScheduleD/ExpensesSubtotalAmt03182452
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0323326
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0323326
IRS990ScheduleD/OtherExpensesNotIncludedAmt0849475
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0849475
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.97530
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0849475
IRS990ScheduleD/RevenueSubtotalAmt03010052
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Funds held on behalf of others
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Financial aid for students
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Financial aid for students
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Funds held for the Breakwater Parent Connection.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part IV, Line 2B
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.02470
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03256868
IRS990ScheduleD/TotalExpensesPerForm990Amt04031927
IRS990ScheduleD/TotalRevenuePerForm990Amt03859527
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03010052
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03182452
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,106,973
Liabilities
$2,641,471
Net assets
$1,465,502
Revenue
$3,859,527
Expenses
$4,031,927
Net income
-$172,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$2.93$2.72$5.03$5.28$0.25
2024Detailed filing. Detailed filing data is available for this year.$5.95$3.03$2.92$5.56$5.02$0.55
2023Detailed filing. Detailed filing data is available for this year.$5.89$3.58$2.30$4.78$4.69$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$3.15$2.18$4.20$3.92$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$3.06$2.07$3.83$3.49$0.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$2.36$1.67$4.07$3.87$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.11$2.64$1.47$3.86$4.03$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$2.82$1.64$3.81$4.13$0.32
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$2.43$1.98$3.54$3.50$0.04
2016Detailed filing. Detailed filing data is available for this year.$4.10$2.06$2.03$3.18$3.25$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.85$1.74$2.11$3.13$3.11$0.02
2014Summary only. Only limited summary data is available for this year.$3.74$1.64$2.10$2.80$2.39$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$2.07$1.72$2.19$2.41$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.79$1.95$1.84$2.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$1.73$1.98$2.19