Civic Intelligence

Miller'S River Educational Cooperative Incorporated

990 • Fiscal year 2015 • EIN 04-3065810

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 13, 2016

Organization ProfileWWW.VILLAGESCHOOLMA.ORG
On The Common PO Box 122Royalston, MA 01368

(978) 249-3505

Siviq Scores

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

Liabilities / Assets

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

41st percentile

0.07x

Higher debt load relative to revenue than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

51st percentile

2.8%

Higher net margin than 51% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

38th percentile

$20,000

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

43rd percentile

-0.8%

Faster asset growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

58th percentile

6.7%

Faster revenue growth than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$1,136,849

Down $9,238 (-0.8%) from 2014

Net Assets

Up

$1,091,422

Up $18,787 (+1.8%) from 2014

Liabilities

Down

$45,427

Down $28,025 (-38%) from 2014

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin51st percentile

Revenue

Up

$659,336

Up $41,350 (+6.7%) from 2014

Expenses

Up

$640,550

Up $64,038 (+11%) from 2014

Net Income

Down

$18,786

Down $22,688 (-55%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,012,589Liabilities 2011: $53,207Net Assets 2011: $959,3822011Assets 2012: $1,033,115Liabilities 2012: $42,460Net Assets 2012: $990,6552012Assets 2013: $1,094,180Liabilities 2013: $63,075Net Assets 2013: $1,031,1052013Assets 2014: $1,146,087Liabilities 2014: $73,452Net Assets 2014: $1,072,6352014Assets 2015: $1,136,849Liabilities 2015: $45,427Net Assets 2015: $1,091,4222015Assets 2016: $1,176,717Liabilities 2016: $75,451Net Assets 2016: $1,101,2662016Assets 2018: $2,780,903Liabilities 2018: $983,479Net Assets 2018: $1,797,4242018Assets 2019: $2,998,070Liabilities 2019: $1,250,319Net Assets 2019: $1,747,7512019Assets 2020: $3,114,336Liabilities 2020: $1,299,989Net Assets 2020: $1,814,3472020Assets 2021: $3,608,492Liabilities 2021: $1,303,067Net Assets 2021: $2,305,4252021Assets 2022: $3,656,087Liabilities 2022: $1,096,464Net Assets 2022: $2,559,6232022Assets 2023: $3,796,418Liabilities 2023: $1,088,897Net Assets 2023: $2,707,5212023Assets 2024: $4,054,559Liabilities 2024: $1,093,443Net Assets 2024: $2,961,1162024Assets 2025: $4,202,670Liabilities 2025: $1,137,340Net Assets 2025: $3,065,3302025

Highlighted filing

2015

Assets$1,136,849
Liabilities$45,427
Net Assets$1,091,422
Open 2015 Filing

Operations Trend

Revenue Growth58th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $380,8182011Expenses 2012: $461,0172012Revenue 2013: $547,924Expenses 2013: $507,389Net Income 2013: $40,5352013Revenue 2014: $617,986Expenses 2014: $576,512Net Income 2014: $41,4742014Revenue 2015: $659,336Expenses 2015: $640,550Net Income 2015: $18,7862015Revenue 2016: $564,954Expenses 2016: $555,124Net Income 2016: $9,8302016Revenue 2018: $734,852Expenses 2018: $547,639Net Income 2018: $187,2132018Revenue 2019: $681,701Expenses 2019: $731,374Net Income 2019: -$49,6732019Revenue 2020: $781,917Expenses 2020: $715,321Net Income 2020: $66,5962020Revenue 2021: $1,313,289Expenses 2021: $822,212Net Income 2021: $491,0772021Revenue 2022: $1,159,453Expenses 2022: $846,739Net Income 2022: $312,7142022Revenue 2023: $1,099,505Expenses 2023: $984,890Net Income 2023: $114,6152023Revenue 2024: $1,384,760Expenses 2024: $1,188,648Net Income 2024: $196,1122024Revenue 2025: $1,367,275Expenses 2025: $1,363,562Net Income 2025: $3,7132025

Highlighted filing

2015

Revenue$659,336
Expenses$640,550
Net Income$18,786
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 13, 2016
Return Version
2014v6.0
Gross Receipts
$670,524
Mission and Program Overview

Mission

Operation of a private elementary school for grades pre-school through six and other adult educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$649,530$650,847▲ $1,317
Savings and Temporary Cash Investments$235,635$250,997▲ $15,362
Cash and Non-Interest-Bearing Accounts$44,467$120,367▲ $75,900
Investments in Publicly Traded Securities$157,389$66,813▼ $90,576
Accounts Receivable$26,451$14,958▼ $11,493
Total Assets$1,146,087$1,136,849▼ $9,238
Other Assets Total$32,615$32,867▲ $252
Liabilities
Deferred Revenue$55,952$38,190▼ $17,762
Other Liabilities$16,318$5,287▼ $11,031
Accounts Payable and Accrued Expenses$1,182$1,950▲ $768
Total Liabilities$73,452$45,427▼ $28,025
Net Assets / Fund Balance
Unrestricted Net Assets$822,816$814,916▼ $7,900
Temporarily Rstr Net Assets$249,819$276,506▲ $26,687
Total Net Assets Fund Balance$1,072,635$1,091,422▲ $18,787
Total Liabilities and Net Assets / Fund Balance$1,146,087$1,136,849▼ $9,238

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$414,743$7,366$422,109
Leasehold Improvements$191,491$42,172$233,663
Equipment$11,998$42,389$54,387
Land$32,615-$32,615

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$154,247-▲ $544$90,000$63,671
2013$154,702-▲ $1,043-$154,247
2012$154,890-▲ $1,329-$154,702
2011$155,601-▲ $579-$154,890
2010$95,951$60,000▲ $737-$155,601
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rise RichardsonVillage Sch DirectorFT$20,000$20,000

Board Members and Trustees

NameTitle
John RichardsonPresident
Walter ThorntonVice President
Catherine SzalVillage Sch Board
Cynthia SavoyVillage Sch Board
Darlene MorrillyVillage Sch Board
Donald StoneVillage Sch Board
Nan WolvertonVillage Sch Board
Rick WaltonVillage Sch Board
Wendy DavenportVillage Sch Board
Penelope SullivanSecretary
Nanji DavisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$154,799
Program Service Revenue
$487,155
Investment Income
$1,388
Other Revenue
$15,994
All Other Contributions
$154,799
Change in Net Assets
$18,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$659,337
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$659,337
Total Revenue per Form 990
$659,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$334,994
Other Expenses$263,085
Grants and Similar Amounts Paid$33,271
Total Fundraising Expense$19,183
Professional Fundraising Fees$9,200

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$282,785$20,000-$302,785
Occupancy$44,284--$44,284
Grants to Domestic Individuals$33,271--$33,271
Payroll Taxes$27,856--$27,856
Fees for Services Other$20,264--$20,264
Office Expenses-$10,136$9,498$19,634
Other Expenses$14,618--$14,618
Depreciation Depletion$11,849--$11,849
Insurance$9,668--$9,668
Fees for Services Professional Fundraising--$9,200$9,200
All Other Expenses$9,120--$9,120
Fees for Services Accounting-$7,500-$7,500
Other Employee Benefits$4,353--$4,353
Travel$2,690--$2,690
Advertising$2,053-$485$2,538
Total Functional Expenses$583,731$37,636$19,183$640,550

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$640,551
Total Expenses per Form 990$640,551
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,363
Fundraising Direct Expenses$11,188
Professional Fundraising Fees$9,200
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$5,287
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
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

“President & director john richardson is the spouse of executive director rise richardson.”

Form 990, Part VI, Section B, Line 11

“Form 990 is is reviewed by the executive director and board president prior to filing.”

Form 990, Part VI, Section B, Line 15

“The organizations top management official is the school director who serves with compensation. Other officers and directors serve without compensation. Other key employees include teachers. Teacher salaries are reviewed by the board during the budgeting process. Comparable teacher salaries are taken into consideration when salary rates are set.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
MILLER'S RIVER EDUCATIONAL
EIN
04-3065810
Phone
9782493505
Address
ON THE COMMON PO BOX 122, ROYALSTON, MA 01368
Doing Business As
The Village School

Signing Officer

Name
John Richardson
Title
President
Phone
9782493505
Signed
2016-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Richardson
Formed
1989
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
11
Employees
19
Volunteers
0

Preparer

Firm
Romano Pascucci & Co Pc
Address
78 MAIN ST, NORTHAMPTON, MA 01060
Preparer
David E Pascucci
Phone
4135860990
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“Construction of school facility.”

Part X, Line 2

“The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code. Therefore, there is no provision for income taxes in the financial statements. There is no material financial statement impact resulting from income tax return positions as defined by fasb asc 740-10-25-5. The organization files federal not-for-profit tax returns. The returns are open for examination for the years 2010, 2011 and 2012.”

Raw XML AppendixShowing 400 of 482 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt6VILLAGE SCH DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt9VILLAGE SCH BOARD
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014175
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt08000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt044284
IRS990/OccupancyGrp/TotalAmt044284
IRS990/OfficeExpensesGrp/FundraisingAmt09498
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010136
IRS990/OfficeExpensesGrp/TotalAmt019634
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt032615
IRS990/OtherAssetsTotalGrp/EOYAmt032867
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04353
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04353
IRS990/OtherExpensesGrp/Desc0SCHOOL PROGRAMS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2MUSIC DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ProgramServicesAmt061118
IRS990/OtherExpensesGrp/ProgramServicesAmt138005
IRS990/OtherExpensesGrp/ProgramServicesAmt221797
IRS990/OtherExpensesGrp/ProgramServicesAmt314618
IRS990/OtherExpensesGrp/TotalAmt061118
IRS990/OtherExpensesGrp/TotalAmt138005
IRS990/OtherExpensesGrp/TotalAmt221797
IRS990/OtherExpensesGrp/TotalAmt314618
IRS990/OtherLiabilitiesGrp/BOYAmt016318
IRS990/OtherLiabilitiesGrp/EOYAmt05287
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01819
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01819
IRS990/OtherRevenueTotalAmt01819
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0282785
IRS990/OtherSalariesAndWagesGrp/TotalAmt0302785
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt027856
IRS990/PayrollTaxesGrp/TotalAmt027856
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN RICHARDSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0487155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0487155
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0104469
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt037180
IRS990/PYInvestmentIncomeAmt01615
IRS990/PYOtherExpensesAmt0192358
IRS990/PYOtherRevenueAmt07811
IRS990/PYProgramServiceRevenueAmt0494891
IRS990/PYRevenuesLessExpensesAmt041473
IRS990/PYSalariesCompEmpBnftPaidAmt0337775
IRS990/PYTotalExpensesAmt0567313
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0608786
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt018786
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0488974
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0235635
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250997
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/BookValueAmt0414743
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07366
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0422109
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0939
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0154247
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt063671
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0544
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt090000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01553
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0154702
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0154247
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01043
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01517
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0154890
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0154702
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01329
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01290
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0155601
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0154890
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0579
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt01087
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt095951
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt060000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0155601
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0737
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt011998
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042389
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054387
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0640551
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0640551
IRS990ScheduleD/LandGrp/BookValueAmt032615
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032615
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0191491
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt042172
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0233663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0659337
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONSTRUCTION OF SCHOOL FACILITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, THERE IS NO PROVISION FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. THERE IS NO MATERIAL FINANCIAL STATEMENT IMPACT RESULTING FROM INCOME TAX RETURN POSITIONS AS DEFINED BY FASB ASC 740-10-25-5. THE ORGANIZATION FILES FEDERAL NOT-FOR-PROFIT TAX RETURNS. THE RETURNS ARE OPEN FOR EXAMINATION FOR THE YEARS 2010, 2011 AND 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0650847
IRS990ScheduleD/TotalExpensesPerForm990Amt0640551
IRS990ScheduleD/TotalLiabilityAmt05287
IRS990ScheduleD/TotalRevenuePerForm990Amt0659337
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0659337
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt00
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 ORGANIZATION ADVERTISES ITS NON-DISCRIMINATION POLICIES IN LOCAL NEWSPAPERS, PROMOTIONS LITERATURE AND PUBLIC APPEALS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt033271
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION REDUCTION FOR ELIGIBLE STUDENTS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0VALUE BASED ON STANDARD TUITION RATES.
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT & DIRECTOR JOHN RICHARDSON IS THE SPOUSE OF EXECUTIVE DIRECTOR RISE RICHARDSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL IS THE SCHOOL DIRECTOR WHO SERVES WITH COMPENSATION. OTHER OFFICERS AND DIRECTORS SERVE WITHOUT COMPENSATION. OTHER KEY EMPLOYEES INCLUDE TEACHERS. TEACHER SALARIES ARE REVIEWED BY THE BOARD DURING THE BUDGETING PROCESS. COMPARABLE TEACHER SALARIES ARE TAKEN INTO CONSIDERATION WHEN SALARY RATES ARE SET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,136,849
Liabilities
$45,427
Net assets
$1,091,422
Revenue
$659,336
Expenses
$640,550
Net income
$18,786
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.20$1.14$3.07$1.37$1.36$0.00
2024Detailed filing. Detailed filing data is available for this year.$4.05$1.09$2.96$1.38$1.19$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.80$1.09$2.71$1.10$0.98$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.66$1.10$2.56$1.16$0.85$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$1.30$2.31$1.31$0.82$0.49
2020Detailed filing. Detailed filing data is available for this year.$3.11$1.30$1.81$0.78$0.72$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.00$1.25$1.75$0.68$0.73$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.78$0.98$1.80$0.73$0.55$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.08$1.10$0.56$0.56$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.05$1.09$0.66$0.64$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.07$1.07$0.62$0.58$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.06$1.03$0.55$0.51$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.04$0.99$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.05$0.96$0.38