Civic Intelligence

Wolfeboro Camp School Inc.

990 • Fiscal year 2016 • EIN 02-0332048

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 14, 2017

PO Box 390Wolfeboro, NH 03894

(603) 569-3451

Siviq Scores

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

Liabilities / Assets

31st percentile

0.05x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

36th percentile

0.10x

Higher debt load relative to revenue than 36% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

36th percentile

-0.8%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$162,743

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

33rd percentile

-1.8%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-5.9%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$5,006,871

Down $89,461 (-1.8%) from 2015

Net Assets

Down

$4,733,557

Down $22,045 (-0.5%) from 2015

Liabilities

Down

$273,314

Down $67,416 (-20%) from 2015

Revenue

Down

$2,702,187

Down $168,246 (-5.9%) from 2015

Expenses

Up

$2,724,233

Up $106,428 (+4.1%) from 2015

Net Income

Down

-$22,046

Down $274,674 (-109%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,201,765Liabilities 2010: $511,462Net Assets 2010: $3,690,3032010Assets 2011: $4,311,794Liabilities 2011: $472,510Net Assets 2011: $3,839,2842011Assets 2012: $4,699,046Liabilities 2012: $472,855Net Assets 2012: $4,226,1912012Assets 2013: $4,844,952Liabilities 2013: $429,098Net Assets 2013: $4,415,8542013Assets 2014: $4,897,590Liabilities 2014: $394,616Net Assets 2014: $4,502,9742014Assets 2015: $5,096,332Liabilities 2015: $340,730Net Assets 2015: $4,755,6022015Assets 2016: $5,006,871Liabilities 2016: $273,314Net Assets 2016: $4,733,5572016Assets 2017: $5,007,357Liabilities 2017: $194,681Net Assets 2017: $4,812,6762017Assets 2018: $5,159,848Liabilities 2018: $171,657Net Assets 2018: $4,988,1912018Assets 2019: $4,760,625Liabilities 2019: $105,363Net Assets 2019: $4,655,2622019Assets 2020: $4,192,683Liabilities 2020: $626,155Net Assets 2020: $3,566,5282020Assets 2021: $4,172,192Liabilities 2021: $722,473Net Assets 2021: $3,449,7192021Assets 2022: $3,836,940Liabilities 2022: $823,243Net Assets 2022: $3,013,6972022Assets 2023: $3,370,923Liabilities 2023: $774,164Net Assets 2023: $2,596,7592023Assets 2024: $3,242,875Liabilities 2024: $652,714Net Assets 2024: $2,590,1612024

Highlighted filing

2016

Assets$5,006,871
Liabilities$273,314
Net Assets$4,733,557

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $2,095,9642010Expenses 2011: $2,363,5272011Expenses 2012: $2,296,6122012Revenue 2013: $2,717,841Expenses 2013: $2,514,443Net Income 2013: $203,3982013Revenue 2014: $2,673,115Expenses 2014: $2,585,995Net Income 2014: $87,1202014Revenue 2015: $2,870,433Expenses 2015: $2,617,805Net Income 2015: $252,6282015Revenue 2016: $2,702,187Expenses 2016: $2,724,233Net Income 2016: -$22,0462016Revenue 2017: $2,443,138Expenses 2017: $2,364,021Net Income 2017: $79,1172017Revenue 2018: $2,291,534Expenses 2018: $2,116,019Net Income 2018: $175,5152018Revenue 2019: $2,028,818Expenses 2019: $2,361,747Net Income 2019: -$332,9292019Revenue 2020: $29,178Expenses 2020: $1,117,912Net Income 2020: -$1,088,7342020Revenue 2021: $1,876,319Expenses 2021: $1,993,128Net Income 2021: -$116,8092021Revenue 2022: $1,606,121Expenses 2022: $2,209,018Net Income 2022: -$602,8972022Revenue 2023: $1,709,047Expenses 2023: $2,125,985Net Income 2023: -$416,9382023Revenue 2024: $2,026,731Expenses 2024: $2,033,329Net Income 2024: -$6,5982024

Highlighted filing

2016

Revenue$2,702,187
Expenses$2,724,233
Net Income-$22,046
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$2,783,234
Mission and Program Overview

Mission

To be the singular summer option for families, schools and consultants whose priority is to develop a stronger, more confident and independent student, well prepared for academic success in the next school year and beyond.

Wolfeboro camp school's purpose is to educate middle and high school students during the summer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,940,740$4,320,602▲ $379,862
Savings and Temporary Cash Investments$991,165$570,880▼ $420,285
Cash and Non-Interest-Bearing Accounts$80,665$37,051▼ $43,614
Accounts Receivable$25,466$30,737▲ $5,271
Inventories for Sale or Use$27,581$25,809▼ $1,772
Prepaid Expenses and Deferred Charges$29,630$19,534▼ $10,096
Other Notes and Loans Receivable, Net$1,085--
Total Assets$5,096,332$5,006,871▼ $89,461
Other Assets Total$0$2,258▲ $2,258
Liabilities
Mortgage Notes Payable Secured by Investment Property$214,234$165,084▼ $49,150
Accounts Payable and Accrued Expenses$126,496$108,230▼ $18,266
Total Liabilities$340,730$273,314▼ $67,416
Net Assets / Fund Balance
Unrestricted Net Assets$4,755,602$4,733,557▼ $22,045
Total Net Assets Fund Balance$4,755,602$4,733,557▼ $22,045
Total Liabilities and Net Assets / Fund Balance$5,096,332$5,006,871▼ $89,461

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,880,790$1,579,238$3,460,028
Leasehold Improvements$1,782,854$897,917$2,680,771
Equipment$401,346$548,770$950,116
Land$255,612-$255,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Edward a CooperHead of SchoolFT$162,743$162,743
Andrew WalpoleAssistant Head of SchoolFT$110,000$110,000
William a CooperTreasurerPT$12,500$12,500

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Ennis ConstructionMaintenance & BuildingsPO BOX 29, Tuftonboro, NH 03186$101,891
Revenue and Support

Revenue Composition

Contributions and Grants
$44,059
Program Service Revenue
$2,646,488
Investment Income
$828
Other Revenue
$10,812
All Other Contributions
$44,059
Change in Net Assets
$-22,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,436,587
Revenue Not Reported on Financial Statements
$265,600
Revenue Not Reported on Form 990
$81,047
Other Revenue Adjustments
$265,600
Total Revenue per Audited Statements
$2,517,634
Total Revenue per Form 990
$2,702,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,229,638
Salaries, Compensation, and Employee Benefits$1,228,995
Grants and Similar Amounts Paid$265,600
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$818,337$84,417-$902,754
Grants to Domestic Individuals$265,600--$265,600
Depreciation Depletion$222,625--$222,625
Current Officers, Directors, Trustees, and Key Employees$139,696$46,566-$186,262
Office Expenses$112,660$54,774-$167,434
Occupancy$82,600--$82,600
Payroll Taxes$72,218$9,591-$81,809
All Other Expenses$63,340--$63,340
Other Employee Benefits$53,343$4,827-$58,170
Insurance$41,964$4,663-$46,627
Other Expenses$32,404--$32,404
Travel$16,696--$16,696
Fees for Services Accounting-$15,975-$15,975
Interest$9,122--$9,122
Fees for Services Legal-$8,682-$8,682
Total Functional Expenses$2,494,738$229,495$0$2,724,233

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,724,233
Total Expenses per Audited Statements$2,539,679
Expenses per Audited Statements$2,458,633
Expenses Not Reported on Financial Statements$265,600
Other Expense Adjustments$265,600
Expenses Not Reported on Form 990$81,046
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
No
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
No
Other officer compensation reviewed
No
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 A, Line 2

Edward cooper, the current head of school, is the son of william cooper, the prior head of school who is a member of the board of trustees.

Form 990, Part VI, Section B, Line 11

A draft copy of the form 990 is provided to the board for their review and approval prior to filing with the irs.

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

All board members must sign a conflict of interest form annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wolfeboro Camp School Inc
EIN
02-0332048
Phone
6035693451
Address
PO BOX 390, WOLFEBORO, NH 03894

Signing Officer

Name
Edward Cooper
Title
Head of School
Phone
6035693451
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Cooper
Formed
1977
Legal Domicile
Nh
Voting Board Members
9
Independent Board Members
8
Employees
118
Volunteers
0

Preparer

Firm
Tyler Simms & St Sauveur CPA Pc
Address
19 MORGAN DRIVE, LEBANON, NH 03766
Preparer
W Jay Simms
Phone
6036530044
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING 1.

Financial Statement Notes

PART X, LINE 2:

The school is exempt from tax under section 501(c)(3) of the internal revenue code and is classified as a school by the internal revenue service under sections 509(a)(1) and 170(b)(1)(a)(ii). In september 2009, the fasb issued accounting standards update (asu) no. 2009-06, income taxes, topic 740 - implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities, which amended asc subtopic 740 10, income taxes - overall. The revised guidance addresses the accounting uncertainty of income taxes recognized in an enterprise's financial statements and prescribes a threshold of "more-likely-than-not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Subtopic 740-10 also provides guidance on measurement classification, interest and penalties and disclosure. The school adopted the provisions of asc subtopic 740-10, accounting for uncertainty in income taxes, effective october 1, 2009. The school has determined that the provisions of subtopic 740-10 do not have a material effect on the school's financial statements. The school believes it is no longer subject to examinations for years prior to 2012.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 81,047.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 265,600.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 81,047. Rounding -1.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

FINANCIAL AID 265,600.

Raw XML AppendixShowing 400 of 514 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/Desc0WOLFEBORO IS A SUMMER BOARDING SCHOOL ON AN EXCEPTIONAL NEW HAMPSHIRE LAKESIDE CAMPUS. THE SCHOOL PROVIDES A TRADITIONAL AND SUPPORTIVE ACADEMIC PROGRAM FOR GIRLS AND BOYS ENTERING GRADES 6 THROUGH 12. WITH 80 FACULTY AND STAFF, 190 STUDENTS, AND A CLASS SIZE OF 4-6, PRIORITIES INCLUDE DEVELOPMENT OF EFFECTIVE STUDY HABITS, ORGANIZATION, EXECUTIVE FUNCTIONING, ACCOUNTABILITY, CONFIDENCE, PRODUCTIVITY, AND ENTHUSIASM. COURSES ARE OFFERED FOR REVIEW, PREVIEW, OR CREDIT.
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IRS990/InterestGrp/TotalAmt09122
IRS990/InventoriesForSaleOrUseGrp/BOYAmt027581
IRS990/InventoriesForSaleOrUseGrp/EOYAmt025809
IRS990/InvestmentIncomeGrp/ExclusionAmt0828
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0828
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03025925
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03940740
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04320602
IRS990/LandBldgEquipCostOrOtherBssAmt07346527
IRS990/LegalDomicileStateCd0NH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE THE SINGULAR SUMMER OPTION FOR FAMILIES, SCHOOLS AND CONSULTANTS WHOSE PRIORITY IS TO DEVELOP A STRONGER, MORE CONFIDENT AND INDEPENDENT STUDENT, WELL PREPARED FOR ACADEMIC SUCCESS IN THE NEXT SCHOOL YEAR AND BEYOND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0214234
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0165084
IRS990/NetAssetsOrFundBalancesBOYAmt04755602
IRS990/NetAssetsOrFundBalancesEOYAmt04733557
IRS990/NetIncomeOrLossGrp/ExclusionAmt010812
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt010812
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt082600
IRS990/OccupancyGrp/TotalAmt082600
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt054774
IRS990/OfficeExpensesGrp/ProgramServicesAmt0112660
IRS990/OfficeExpensesGrp/TotalAmt0167434
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02258
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04827
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt053343
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058170
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENACE
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2RECRUITMENT
IRS990/OtherExpensesGrp/Desc3CONTRACT SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt0246176
IRS990/OtherExpensesGrp/ProgramServicesAmt1164744
IRS990/OtherExpensesGrp/ProgramServicesAmt2153213
IRS990/OtherExpensesGrp/ProgramServicesAmt332404
IRS990/OtherExpensesGrp/TotalAmt0246176
IRS990/OtherExpensesGrp/TotalAmt1164744
IRS990/OtherExpensesGrp/TotalAmt2153213
IRS990/OtherExpensesGrp/TotalAmt332404
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084417
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0818337
IRS990/OtherSalariesAndWagesGrp/TotalAmt0902754
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01085
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09591
IRS990/PayrollTaxesGrp/ProgramServicesAmt072218
IRS990/PayrollTaxesGrp/TotalAmt081809
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029630
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019534
IRS990/PrincipalOfficerNm0EDWARD COOPER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02609350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02609350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137138
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt031585
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0235737
IRS990/PYInvestmentIncomeAmt01402
IRS990/PYOtherExpensesAmt01220555
IRS990/PYOtherRevenueAmt021122
IRS990/PYProgramServiceRevenueAmt02816324
IRS990/PYRevenuesLessExpensesAmt0252628
IRS990/PYSalariesCompEmpBnftPaidAmt01161513
IRS990/PYTotalExpensesAmt02617805
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02870433
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22046
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02646488
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0991165
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0570880
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/BuildingsGrp/BookValueAmt01880790
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01579238
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03460028
IRS990ScheduleD/EquipmentGrp/BookValueAmt0401346
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0548770
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0950116
IRS990ScheduleD/ExpensesNotReportedAmt081046
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0265600
IRS990ScheduleD/ExpensesSubtotalAmt02458633
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0255612
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0255612
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01782854
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0897917
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02680771
IRS990ScheduleD/OtherExpensesIncludedAmt081046
IRS990ScheduleD/OtherExpensesNotIncludedAmt0265600
IRS990ScheduleD/OtherRevenueAmt081047
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0265600
IRS990ScheduleD/RevenueNotReportedAmt081047
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0265600
IRS990ScheduleD/RevenueSubtotalAmt02436587
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A SCHOOL BY THE INTERNAL REVENUE SERVICE UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(II). IN SEPTEMBER 2009, THE FASB ISSUED ACCOUNTING STANDARDS UPDATE (ASU) NO. 2009-06, INCOME TAXES, TOPIC 740 - IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES, WHICH AMENDED ASC SUBTOPIC 740 10, INCOME TAXES - OVERALL. THE REVISED GUIDANCE ADDRESSES THE ACCOUNTING UNCERTAINTY OF INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. THE SCHOOL ADOPTED THE PROVISIONS OF ASC SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, EFFECTIVE OCTOBER 1, 2009. THE SCHOOL HAS DETERMINED THAT THE PROVISIONS OF SUBTOPIC 740-10 DO NOT HAVE A MATERIAL EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATIONS FOR YEARS PRIOR TO 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 81,047.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL AID 265,600.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3COST OF GOODS SOLD 81,047. ROUNDING -1.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4FINANCIAL AID 265,600.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04320602
IRS990ScheduleD/TotalExpensesPerForm990Amt02724233
IRS990ScheduleD/TotalRevenuePerForm990Amt02702187
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02517634
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02539679
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
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/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN THE SCHOOL CATALOGUE AND OTHER SCHOOL PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1DUE TO THE SIZE OF THE STUDENT BODY, RECORDS ARE NOT KEPT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0265600
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0THE SCHOOL PROVIDES FINANCIAL AID TO QUALIFIED STUDENTS. THE STUDENT MUST DEMONSTRATE AN ECONOMIC NEED.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt026
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FINANCIAL ASSISTANCE IS NEED BASED AND APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990ScheduleJ/PersonalServicesInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162743
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.24$0.65$2.59$2.03$2.03$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.37$0.77$2.60$1.71$2.13$0.42
2022Detailed filing. Detailed filing data is available for this year.$3.84$0.82$3.01$1.61$2.21$0.60
2021Detailed filing. Detailed filing data is available for this year.$4.17$0.72$3.45$1.88$1.99$0.12
2020Detailed filing. Detailed filing data is available for this year.$4.19$0.63$3.57$0.03$1.12$1.09
2019Detailed filing. Detailed filing data is available for this year.$4.76$0.11$4.66$2.03$2.36$0.33
2018Detailed filing. Detailed filing data is available for this year.$5.16$0.17$4.99$2.29$2.12$0.18
2017Detailed filing. Detailed filing data is available for this year.$5.01$0.19$4.81$2.44$2.36$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.01$0.27$4.73$2.70$2.72$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.10$0.34$4.76$2.87$2.62$0.25
2014Detailed filing. Detailed filing data is available for this year.$4.90$0.39$4.50$2.67$2.59$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.84$0.43$4.42$2.72$2.51$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.47$4.23$2.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$0.47$3.84$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.51$3.69$2.10