Civic Intelligence

Breakwater Learning

990 • Fiscal year 2022 • EIN 01-0249577

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.BREAKWATERLEARNING.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

83rd percentile

0.59x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.75x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

50th percentile

6.7%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

58th percentile

$141,764

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

58th percentile

4.1%

Faster asset growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

9.6%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$5,329,217

Up $208,919 (+4.1%) from 2021

Net Assets

Up

$2,175,033

Up $109,976 (+5.3%) from 2021

Liabilities

Up

$3,154,184

Up $98,943 (+3.2%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin50th percentile

Revenue

Up

$4,201,509

Up $367,626 (+9.6%) from 2021

Expenses

Up

$3,918,911

Up $429,132 (+12%) from 2021

Net Income

Down

$282,598

Down $61,506 (-18%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth58th 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

2022

Assets$5,329,217
Liabilities$3,154,184
Net Assets$2,175,033
Open 2022 Filing

Operations Trend

Revenue Growth58th 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

2022

Revenue$4,201,509
Expenses$3,918,911
Net Income$282,598
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$4,270,069
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 toddler through grade eight.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,956,650$2,821,498▼ $135,152
Savings and Temporary Cash Investments$1,770,964$2,175,872▲ $404,908
Investments in Publicly Traded Securities$205,425$202,768▼ $2,657
Accounts Receivable$103,647$74,601▼ $29,046
Pledges and Grants Receivable$32,597$0▼ $32,597
Intangible Assets$31,057$30,029▼ $1,028
Prepaid Expenses and Deferred Charges$19,958$24,449▲ $4,491
Total Assets$5,120,298$5,329,217▲ $208,919
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,349,889$1,611,545▲ $261,656
Deferred Revenue$1,547,045$1,260,772▼ $286,273
Accounts Payable and Accrued Expenses$158,307$281,867▲ $123,560
Total Liabilities$3,055,241$3,154,184▲ $98,943
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,600,217$1,703,937▲ $103,720
Net Assets With Donor Restrictions$464,840$471,096▲ $6,256
Total Net Assets Fund Balance$2,065,057$2,175,033▲ $109,976
Total Liabilities and Net Assets / Fund Balance$5,120,298$5,329,217▲ $208,919

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,425,134$2,381,284$4,806,418
Equipment$73,038$357,970$431,008
Land$323,326-$323,326

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$205,425$38,436▼ $41,093-$202,768
2021$150,064-▲ $55,361-$205,425
2020$137,734-▲ $12,330-$150,064
2019$125,202$274▲ $12,258-$137,734
2018$116,392$2,320▲ $6,490-$125,202
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David SullivanExecutive DirectorFT$125,469$16,295$141,764

Board Members and Trustees

NameTitle
Bill MelcherPresident
Chad SnowVice President
Dan NogarTrustee
Erik CalhounTrustee
Josh EdwardsTrustee
Kendra CornwallTrustee
Meredith CoolidgeTrustee
Miyaba YamamotoTrustee
Whit FordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$605,240
Program Service Revenue
$3,590,490
Investment Income
$5,779
Other Revenue
$0
All Other Contributions
$433,682
Change in Net Assets
$282,598

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$71,672Quoted
Total Noncash Contributions2$71,672-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,669,151
Revenue Not Reported on Financial Statements
$532,358
Revenue Not Reported on Form 990
$-46,284
Other Revenue Adjustments
$532,358
Total Revenue per Audited Statements
$3,622,867
Total Revenue per Form 990
$4,201,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,455,495
Other Expenses$931,058
Grants and Similar Amounts Paid$532,358
Total Fundraising Expense$127,905
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,602,134$242,643$93,917$1,938,694
Grants to Domestic Individuals$532,358--$532,358
Other Employee Benefits$185,544$37,526$12,488$235,558
Depreciation Depletion$156,068$54,836-$210,904
Occupancy$124,816$52,812-$177,628
Payroll Taxes$121,793$22,435$6,346$150,574
Fees for Services Other$80,436$56,490$1,844$138,770
Current Officers, Directors, Trustees, and Key Employees-$130,669-$130,669
Insurance$36,584$13,959-$50,543
Interest$22,091$24,912-$47,003
Office Expenses$11,674$19,925$1,374$32,973
Other Expenses$26,853$27,662$658$28,320
Advertising$1,759$17,165-$18,924
Travel$12,192$6,379-$18,571
Information Technology$813$16,958-$17,771
Total Functional Expenses$3,030,308$760,698$127,905$3,918,911

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,918,911
Expenses per Audited Statements$3,386,553
Total Expenses per Audited Statements$3,386,553
Expenses Not Reported on Financial Statements$532,358
Other Expense Adjustments$532,358
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 available 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
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Sullivan
Formed
1977
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
117
Volunteers
15

Preparer

Firm
Wipfli Llp
Address
30 LONG CREEK DRIVE, SOUTH PORTLAND, ME 04106-2437
Preparer
Patrick Nicholas CPA
Phone
2077745701
Supplemental Narrative

Additional Explanations

Form 990

“Breakwater 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.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid for students 532,358.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid for students 532,358.”

Raw XML AppendixShowing 400 of 506 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/LandBldgEquipBasisNetGrp/EOYAmt02821498
IRS990/LandBldgEquipCostOrOtherBssAmt05560752
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt068560
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01349889
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01611545
IRS990/NetAssetsOrFundBalancesBOYAmt02065057
IRS990/NetAssetsOrFundBalancesEOYAmt02175033
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03112
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03112
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-46284
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01600217
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01703937
IRS990/NoncashContributionsAmt071672
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt052812
IRS990/OccupancyGrp/ProgramServicesAmt0124816
IRS990/OccupancyGrp/TotalAmt0177628
IRS990/OfficeExpensesGrp/FundraisingAmt01374
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019925
IRS990/OfficeExpensesGrp/ProgramServicesAmt011674
IRS990/OfficeExpensesGrp/TotalAmt032973
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012488
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037526
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0185544
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0235558
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSE
IRS990/OtherExpensesGrp/Desc2PROGRAM COST
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt010837
IRS990/OtherExpensesGrp/FundraisingAmt1441
IRS990/OtherExpensesGrp/FundraisingAmt2658
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020853
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1761
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt214713
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt327662
IRS990/OtherExpensesGrp/ProgramServicesAmt066458
IRS990/OtherExpensesGrp/ProgramServicesAmt148735
IRS990/OtherExpensesGrp/ProgramServicesAmt226853
IRS990/OtherExpensesGrp/TotalAmt087311
IRS990/OtherExpensesGrp/TotalAmt160333
IRS990/OtherExpensesGrp/TotalAmt242007
IRS990/OtherExpensesGrp/TotalAmt328320
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt093917
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0242643
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01602134
IRS990/OtherSalariesAndWagesGrp/TotalAmt01938694
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06346
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022435
IRS990/PayrollTaxesGrp/ProgramServicesAmt0121793
IRS990/PayrollTaxesGrp/TotalAmt0150574
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt032597
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019958
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024449
IRS990/PrincipalOfficerNm0DAVID SULLIVAN
IRS990/PriorPeriodAdjustmentsAmt0-126338
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03590490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03590490
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0712148
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0517668
IRS990/PYInvestmentIncomeAmt08268
IRS990/PYOtherExpensesAmt0809252
IRS990/PYOtherRevenueAmt07533
IRS990/PYProgramServiceRevenueAmt03105934
IRS990/PYRevenuesLessExpensesAmt0344104
IRS990/PYSalariesCompEmpBnftPaidAmt02162859
IRS990/PYTotalExpensesAmt03489779
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03833883
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0282598
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03590490
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01770964
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02175872
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/BoardDesignatedBalanceEOYPct00.23000
IRS990ScheduleD/BuildingsGrp/BookValueAmt02425134
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02381284
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04806418
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0205425
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt038436
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0202768
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-41093
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0150064
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0205425
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055361
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0137734
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0150064
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012330
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0125202
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0274
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0137734
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012258
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0116392
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02320
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0125202
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06490
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt073038
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0357970
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0431008
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0532358
IRS990ScheduleD/ExpensesSubtotalAmt03386553
IRS990ScheduleD/LandGrp/BookValueAmt0323326
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0323326
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-46284
IRS990ScheduleD/OtherExpensesNotIncludedAmt0532358
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0532358
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.77000
IRS990ScheduleD/RevenueNotReportedAmt0-46284
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0532358
IRS990ScheduleD/RevenueSubtotalAmt03669151
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL AID FOR STUDENTS 532,358.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AID FOR STUDENTS 532,358.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02821498
IRS990ScheduleD/TotalExpensesPerForm990Amt03918911
IRS990ScheduleD/TotalRevenuePerForm990Amt04201509
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03622867
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03386553
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
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0DUE TO COST CONSTRAINTS, THE SCHOOL'S NON-DISCRIMINATION POLICY IS NOT INCLUDED IN NEWSPAPER, RADIO OR TELEVISION ADVERTISING. IT IS, HOWEVER, INCLUDED ON THE ADMISSIONS PAGE OF THE SCHOOL'S WEBSITE, AND ON THE APPLICATION FORM WHICH IS INCLUDED IN THE MATERIALS SENT TO EVERYONE WHO INQUIRES ABOUT THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1DUE TO COST CONSTRAINTS, THE SCHOOL'S NON-DISCRIMINATION POLICY IS NOT INCLUDED IN NEWSPAPER, RADIO OR TELEVISION ADVERTISING. IT IS, HOWEVER, INCLUDED ON THE ADMISSIONS PAGE OF THE SCHOOL'S WEBSITE, AND ON THE APPLICATION FORM WHICH IS INCLUDED IN THE MATERIALS SENT TO EVERYONE WHO INQUIRES ABOUT THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 7
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID TO STUDENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0532358
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0REDUCTION OF TUITION DUE FROM STUDENT.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt063
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BASED ON THE DISCOUNT GRANTED FROM STATED TUITION RATES.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT FUNDS (FINANCIAL AID) ARE DIRECT REDUCTIONS OF TUITION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,329,217
Liabilities
$3,154,184
Net assets
$2,175,033
Revenue
$4,201,509
Expenses
$3,918,911
Net income
$282,598
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
2022Detailed filing. Detailed filing data is available for this year.$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
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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
Peer Organizations

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