Civic Intelligence

Trivium School Inc

990 • Fiscal year 2019 • EIN 04-2683759

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 23, 2020

471 Langen RoadLancaster, MA 01523

(978) 365-4795

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.17x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.30x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

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

Top Officer Pay

49th percentile

$60,417

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

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

Asset Growth

65th percentile

9.4%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

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

Assets

Up

$1,196,261

Up $102,444 (+9.4%) from 2018

Net Assets

Up

$991,214

Up $143,706 (+17%) from 2018

Liabilities

Down

$205,047

Down $41,262 (-17%) from 2018

Revenue

Up

$674,515

Up $93,509 (+16%) from 2018

Expenses

Up

$554,002

Up $1,541 (+0.3%) from 2018

Net Income

Up

$120,513

Up $91,968 (+322%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,094,701Liabilities 2010: $511,233Net Assets 2010: $1,583,4682010Assets 2011: $2,055,490Liabilities 2011: $509,604Net Assets 2011: $1,545,8862011Assets 2012: $1,108,976Liabilities 2012: $482,008Net Assets 2012: $626,9682012Assets 2013: $1,106,173Liabilities 2013: $414,856Net Assets 2013: $691,3172013Assets 2014: $1,150,400Liabilities 2014: $377,912Net Assets 2014: $772,4882014Assets 2015: $1,129,550Liabilities 2015: $372,426Net Assets 2015: $757,1242015Assets 2016: $1,061,930Liabilities 2016: $310,252Net Assets 2016: $751,6782016Assets 2017: $1,094,578Liabilities 2017: $275,741Net Assets 2017: $818,8372017Assets 2018: $1,093,817Liabilities 2018: $246,309Net Assets 2018: $847,5082018Assets 2019: $1,196,261Liabilities 2019: $205,047Net Assets 2019: $991,2142019Assets 2020: $1,174,622Liabilities 2020: $177,944Net Assets 2020: $996,6782020Assets 2021: $1,505,006Liabilities 2021: $191,320Net Assets 2021: $1,313,6862021Assets 2022: $1,993,272Liabilities 2022: $163,756Net Assets 2022: $1,829,5162022Assets 2023: $1,968,039Liabilities 2023: $128,237Net Assets 2023: $1,839,8022023Assets 2024: $2,290,767Liabilities 2024: $149,252Net Assets 2024: $2,141,5152024Assets 2025: $2,660,981Liabilities 2025: $142,413Net Assets 2025: $2,518,5682025

Highlighted filing

2019

Assets$1,196,261
Liabilities$205,047
Net Assets$991,214

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $480,0352010Expenses 2011: $539,5382011Expenses 2012: $478,2432012Revenue 2013: $551,897Expenses 2013: $481,428Net Income 2013: $70,4692013Revenue 2014: $558,761Expenses 2014: $494,984Net Income 2014: $63,7772014Revenue 2015: $558,960Expenses 2015: $568,984Net Income 2015: -$10,0242015Revenue 2016: $564,587Expenses 2016: $565,701Net Income 2016: -$1,1142016Revenue 2017: $610,125Expenses 2017: $560,547Net Income 2017: $49,5782017Revenue 2018: $581,006Expenses 2018: $552,461Net Income 2018: $28,5452018Revenue 2019: $674,515Expenses 2019: $554,002Net Income 2019: $120,5132019Revenue 2020: $619,242Expenses 2020: $614,176Net Income 2020: $5,0662020Revenue 2021: $883,332Expenses 2021: $632,935Net Income 2021: $250,3972021Revenue 2022: $1,420,635Expenses 2022: $753,163Net Income 2022: $667,4722022Revenue 2023: $1,067,188Expenses 2023: $849,237Net Income 2023: $217,9512023Revenue 2024: $1,237,428Expenses 2024: $995,701Net Income 2024: $241,7272024Revenue 2025: $1,444,381Expenses 2025: $1,069,857Net Income 2025: $374,5242025

Highlighted filing

2019

Revenue$674,515
Expenses$554,002
Net Income$120,513
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 23, 2020
Return Version
2018v3.1
Gross Receipts
$684,268
Mission and Program Overview

Mission

The school's goal is to introduce students to a catholic understanding of the liberal arts and to lead them on the pathway of truth, goodness, and beauty. We use the socratic discussion method so that students learn why something is. Real education ennobles us, corresponds to our christian dignity, and enriches us for a lifetime.

Trivium is a catholic college preparatory school dedicated to providing a classical education to boys and girls in grades seven through twelve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$725,969$731,539▲ $5,570
Investments in Publicly Traded Securities$287,450$316,536▲ $29,086
Cash and Non-Interest-Bearing Accounts$13,035$126,183▲ $113,148
Loans From Officers Directors$75,600$52,500▼ $23,100
Accounts Receivable$7,215$8,100▲ $885
Other Notes and Loans Receivable, Net$8,880$6,335▼ $2,545
Prepaid Expenses and Deferred Charges$4,541$3,229▼ $1,312
Savings and Temporary Cash Investments$3,020$3,029▲ $9
Pledges and Grants Receivable$43,707$1,310▼ $42,397
Total Assets$1,093,817$1,196,261▲ $102,444
Liabilities
Mortgage Notes Payable Secured by Investment Property$94,526$71,774▼ $22,752
Accounts Payable and Accrued Expenses$63,755$63,633▼ $122
Deferred Revenue$12,428$17,140▲ $4,712
Total Liabilities$246,309$205,047▼ $41,262
Net Assets / Fund Balance
Unrestricted Net Assets$755,443$925,691▲ $170,248
Temporarily Rstr Net Assets$92,065$65,523▼ $26,542
Total Net Assets Fund Balance$847,508$991,214▲ $143,706
Total Liabilities and Net Assets / Fund Balance$1,093,817$1,196,261▲ $102,444

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$524,303$499,274$1,023,577
Land$201,600-$201,600
Other Land Buildings$5,636$69,022$74,658
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr William SchmittTreasurer & HeadmasterFT$60,417$60,417

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$155,438
Program Service Revenue
$480,223
Investment Income
$24,812
Other Revenue
$14,042
All Other Contributions
$99,848
Change in Net Assets
$120,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$674,515
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,491
Total Revenue per Audited Statements
$689,006
Total Revenue per Form 990
$674,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$377,440
Other Expenses$176,562
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$316,190--$316,190
Current Officers, Directors, Trustees, and Key Employees$18,375$42,875-$61,250
Occupancy$33,922$18,836-$52,758
Depreciation Depletion$39,651--$39,651
Fees for Services Accounting-$12,950-$12,950
Office Expenses-$8,512-$8,512
Fees for Services Legal-$6,600-$6,600
Insurance-$5,269-$5,269
Interest$4,697--$4,697
All Other Expenses-$1,857-$1,857
Advertising-$907-$907
Other Expenses$33,832$893-$893
Travel-$191-$191
Total Functional Expenses$446,667$107,335$0$554,002

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$563,755
Expenses per Audited Statements$554,002
Total Expenses per Form 990$554,002
Expenses Not Reported on Form 990$9,753
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,753
Fundraising Gross Income$1,475
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit Dinner$55,590-$376-
Total Events$57,065$1,475$9,753$-8,278
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Carl F Schmitt EsqPresident of SchoolMr. Schmitt Provided Legal Services to the School in Exchange for 1 Years Tuition Used for One of His Children to Attend the School.No$6,600

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$75,600$52,500▼ $23,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

The school has a loan payable to the schmitt family trust. The president of the school is the trustee and a beneficiary of the trust. The treasurer and headmaster is also a beneficiary of the trust.

Form 990, Part VI, Section A, Line 2

The school's president and headmaster are related (brothers).

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

A copy of the form 990 is reviewed by the executive committee of the board prior to its filing.

Form 990, Part VI, Section B, Line 15A

The board uses current data as well as budget information to decide on the headmaster's salary.

Form 990, Part VI, Section C, Line 18

All information that is required to be disclosed is done upon request.

Form 990, Part VI, Section C, Line 19

All information that is required to be disclosed is done upon request.

Filing and Contact Details

Filer

Filer Name
Trivium School Inc
EIN
04-2683759
Phone
9783654795
Address
471 LANGEN ROAD, LANCASTER, MA 01523

Signing Officer

Name
William Schmitt
Title
Treasurer
Phone
9783654795
Signed
2020-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Schmitt
Formed
1979
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
7
Employees
12
Volunteers
0

Preparer

Firm
Anstiss & Co Pc
Address
1115 WESTFORD STREET, LOWELL, MA 01851
Preparer
Richard B Dionne
Phone
9784522500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The executive committee of the board is responsible for the preparation and fair presentation of the financial statements in accordance with u.s. Gaap.

Financial Statement Notes

PART X, LINE 2:

Asc 740-10, "income taxes" requires the school to evaluate and disclose tax positions that could have an effect on the school's financial statements. Trivium reports its activities to the internal revenue service and to the commonwealth of massachusetts on an annual basis. These informational returns are generally subject to audit and review by the governmental agencies for a period of three years after filing. Substantially all of the school's income, expenditures and activities relate to its exempt purpose, therefore, management has determined that the school is not subject to unrelated business income taxes and will continue to qualify as a tax-exempt not-for-profit entity.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Other direct fundraising expenses netted against event revenues 9,753.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Other direct fundraising expenses netted against event revenues 9,753.

Raw XML AppendixShowing 400 of 484 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/ActivityOrMissionDesc0TRIVIUM IS A CATHOLIC COLLEGE PREPARATORY SCHOOL DEDICATED TO PROVIDING A CLASSICAL EDUCATION TO BOYS AND GIRLS IN GRADES SEVEN THROUGH TWELVE.
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IRS990/Desc0THE SCHOOL HAS BEEN GRADUATING CLASSES SINCE 1980 AND THE CLASS OF 2019 GRADUATED IN MAY 2019. OUR STUDENTS GO ON TO PURSUE ADVANCED EDUCATION, MILITARY ENLISTMENT AS WELL AS OTHER VOCATION RELATED AREAS.
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IRS990/Form990PartVIISectionAGrp/PersonNm3MR MARK LANGLEY
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IRS990/Form990PartVIISectionAGrp/PersonNm7MR JOSEPH FORKEY
IRS990/Form990PartVIISectionAGrp/PersonNm8DR WILLIAM SCHMITT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT & SECRETARY
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IRS990/MissionDesc0THE SCHOOL'S GOAL IS TO INTRODUCE STUDENTS TO A CATHOLIC UNDERSTANDING OF THE LIBERAL ARTS AND TO LEAD THEM ON THE PATHWAY OF TRUTH, GOODNESS, AND BEAUTY. WE USE THE SOCRATIC DISCUSSION METHOD SO THAT STUDENTS LEARN WHY SOMETHING IS. REAL EDUCATION ENNOBLES US, CORRESPONDS TO OUR CHRISTIAN DIGNITY, AND ENRICHES US FOR A LIFETIME.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt018836
IRS990/OccupancyGrp/ProgramServicesAmt033922
IRS990/OccupancyGrp/TotalAmt052758
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08512
IRS990/OfficeExpensesGrp/TotalAmt08512
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SCHOOL ACTIVITIES
IRS990/OtherExpensesGrp/Desc1OUTSIDE COMPUTER SERVIC
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04755
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13690
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2893
IRS990/OtherExpensesGrp/ProgramServicesAmt033832
IRS990/OtherExpensesGrp/TotalAmt033832
IRS990/OtherExpensesGrp/TotalAmt14755
IRS990/OtherExpensesGrp/TotalAmt23690
IRS990/OtherExpensesGrp/TotalAmt3893
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt022320
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022320
IRS990/OtherRevenueTotalAmt022320
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0316190
IRS990/OtherSalariesAndWagesGrp/TotalAmt0316190
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08880
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06335
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt043707
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01310
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04541
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03229
IRS990/PrincipalOfficerNm0WILLIAM SCHMITT
IRS990/PriorPeriodAdjustmentsAmt018455
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0480223
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0480223
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0171978
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018388
IRS990/PYOtherExpensesAmt0160204
IRS990/PYOtherRevenueAmt05804
IRS990/PYProgramServiceRevenueAmt0384836
IRS990/PYRevenuesLessExpensesAmt028545
IRS990/PYSalariesCompEmpBnftPaidAmt0392257
IRS990/PYTotalExpensesAmt0552461
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0581006
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0120513
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0502543
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03020
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03029
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/BookValueAmt0524303
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0499274
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01023577
IRS990ScheduleD/ExpensesNotReportedAmt09753
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0554002
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0201600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0201600
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04738
IRS990ScheduleD/OtherExpensesIncludedAmt09753
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05636
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069022
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt074658
IRS990ScheduleD/OtherRevenueAmt09753
IRS990ScheduleD/RevenueNotReportedAmt014491
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0674515
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740-10, "INCOME TAXES" REQUIRES THE SCHOOL TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE SCHOOL'S FINANCIAL STATEMENTS. TRIVIUM REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE SCHOOL'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE SCHOOL IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OTHER DIRECT FUNDRAISING EXPENSES NETTED AGAINST EVENT REVENUES 9,753.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2OTHER DIRECT FUNDRAISING EXPENSES NETTED AGAINST EVENT REVENUES 9,753.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0731539
IRS990ScheduleD/TotalExpensesPerForm990Amt0554002
IRS990ScheduleD/TotalRevenuePerForm990Amt0674515
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0689006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0563755
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/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S POLICY IS POSTED ON ITS WEBSITE AND APPLICATION FOR ADMISSION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt055590
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt055590
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09753
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BENEFIT DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt04317
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt04317
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055590
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt01475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057065
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt01475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01475
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-8278
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0743
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0743
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0376
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0376
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04317
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04317
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CARL F SCHMITT ESQ
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT OF SCHOOL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06600
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MR. SCHMITT PROVIDED LEGAL SERVICES TO THE SCHOOL IN EXCHANGE FOR 1 YEARS TUITION USED FOR ONE OF HIS CHILDREN TO ATTEND THE SCHOOL.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt052500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SCHOOL PURCHASE IN 2000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0504000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SCHMITT FAMILY TRUST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0TRUSTEE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt052500
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A LOAN PAYABLE TO THE SCHMITT FAMILY TRUST. THE PRESIDENT OF THE SCHOOL IS THE TRUSTEE AND A BENEFICIARY OF THE TRUST. THE TREASURER AND HEADMASTER IS ALSO A BENEFICIARY OF THE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL'S PRESIDENT AND HEADMASTER ARE RELATED (BROTHERS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD USES CURRENT DATA AS WELL AS BUDGET INFORMATION TO DECIDE ON THE HEADMASTER'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION THAT IS REQUIRED TO BE DISCLOSED IS DONE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL INFORMATION THAT IS REQUIRED TO BE DISCLOSED IS DONE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR THE PREPARATION AND FAIR PRESENTATION OF THE FINANCIAL STATEMENTS IN ACCORDANCE WITH U.S. GAAP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt092065

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.14$2.52$1.44$1.07$0.37
2024Detailed filing. Detailed filing data is available for this year.$2.29$0.15$2.14$1.24$1.00$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.97$0.13$1.84$1.07$0.85$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.16$1.83$1.42$0.75$0.67
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.19$1.31$0.88$0.63$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.18$1.00$0.62$0.61$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.20$0.21$0.99$0.67$0.55$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.25$0.85$0.58$0.55$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.09$0.28$0.82$0.61$0.56$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.31$0.75$0.56$0.57$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.37$0.76$0.56$0.57$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.38$0.77$0.56$0.49$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.41$0.69$0.55$0.48$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.48$0.63$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.51$1.55$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.51$1.58$0.48