Civic Intelligence

Miller'S River Educational Cooperative Incorporated

990 • Fiscal year 2020 • EIN 04-3065810

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 05, 2021

Organization ProfileWWW.VILLAGESCHOOLMA.ORG
253 S Royalston RdRoyalston, MA 01368

(978) 249-3505

Siviq Scores

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

Liabilities / Assets

77th percentile

0.42x

Higher debt load relative to assets than 77% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

1.66x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

56th percentile

8.5%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

40th percentile

$15,000

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

45th percentile

3.9%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

15%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$3,114,336

Up $116,266 (+3.9%) from 2019

Net Assets

Up

$1,814,347

Up $66,596 (+3.8%) from 2019

Liabilities

Up

$1,299,989

Up $49,670 (+4.0%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin56th percentile

Revenue

Up

$781,917

Up $100,216 (+15%) from 2019

Expenses

Down

$715,321

Down $16,053 (-2.2%) from 2019

Net Income

Up

$66,596

Up $116,269 (+234%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2020

Assets$3,114,336
Liabilities$1,299,989
Net Assets$1,814,347
Open 2020 Filing

Operations Trend

Revenue Growth70th 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

2020

Revenue$781,917
Expenses$715,321
Net Income$66,596
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 5, 2021
Return Version
2019v5.2
Gross Receipts
$784,949
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$2,804,379$2,794,959▼ $9,420
Cash and Non-Interest-Bearing Accounts$59,085$236,800▲ $177,715
Loans From Officers Directors$140,000$140,000→ $0
Accounts Receivable$58,567$61,812▲ $3,245
Savings and Temporary Cash Investments$55,274--
Investments in Publicly Traded Securities$962$962→ $0
Total Assets$2,998,070$3,114,336▲ $116,266
Other Assets Total$19,803$19,803→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$981,760$1,035,157▲ $53,397
Unsecured Notes Loans Payable$80,000$80,000→ $0
Deferred Revenue$41,702$41,200▼ $502
Other Liabilities$3,770$3,090▼ $680
Accounts Payable and Accrued Expenses$3,087$542▼ $2,545
Total Liabilities$1,250,319$1,299,989▲ $49,670
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,747,751$1,737,052▼ $10,699
Net Assets With Donor Restrictions-$77,295-
Total Net Assets Fund Balance$1,747,751$1,814,347▲ $66,596
Total Liabilities and Net Assets / Fund Balance$2,998,070$3,114,336▲ $116,266

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,462,674$121,659$2,584,333
Leasehold Improvements$292,026$93,510$385,536
Equipment$7,644$58,993$66,637
Land$32,615-$32,615

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$63,965--$63,912-
2016$63,562-▲ $1,041-$63,965
2015$63,671-▲ $526-$63,562
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Rise RichardsonVillage Sch DirectorFT$15,000$15,000

Board Members and Trustees

NameTitle
John RichardsonPresident
Walter ThorntonVice President
Catherine SzalVillage Sch Board
Cynthia SavoyVillage Sch Board
Rick WaltonVillage Sch Board
Wendy DavenportVillage Sch Board
Penelope SullivanSecretary
Nanji DavisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$155,519
Program Service Revenue
$619,419
Investment Income
$333
Other Revenue
$6,646
All Other Contributions
$155,519
Change in Net Assets
$66,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$781,917
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$781,917
Total Revenue per Form 990
$781,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$392,860
Other Expenses$209,395
Grants and Similar Amounts Paid$113,066
Total Fundraising Expense$1,276
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$319,635$34,733-$354,368
Grants to Domestic Individuals$113,066--$113,066
Depreciation Depletion$79,485--$79,485
Interest$47,310--$47,310
Payroll Taxes$29,600$3,216-$32,816
Office Expenses$10,626$5,897$941$17,464
Occupancy$13,846--$13,846
Fees for Services Accounting-$13,650-$13,650
Insurance$13,567--$13,567
Other Employee Benefits$5,120$556-$5,676
Fees for Services Other$5,050--$5,050
Advertising$1,110-$335$1,445
Other Expenses$1,041--$1,041
Fees for Services Legal-$238-$238
Total Functional Expenses$655,755$58,290$1,276$715,321

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$715,321
Total Expenses per Audited Statements$715,321
Total Expenses per Form 990$715,321
Expenses Not Reported on Financial Statements$0
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
Fundraising Direct Expenses$3,032
Fundraising Gross Income$2,999
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$140,000$140,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,090
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
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 A, Line 7A

“Organization has a board of directors that can appoint members and make governing decisions.”

Form 990, Part VI, Section A, Line 7B

“Organization has a board of directors that can appoint members and make governing decisions.”

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

“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
253 S ROYALSTON RD, ROYALSTON, MA 01368
Doing Business As
The Village School

Signing Officer

Name
John Richardson
Title
President
Phone
9782493505
Signed
2021-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Richardson
Formed
1989
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
8
Employees
22
Volunteers
25

Preparer

Firm
Pascucci Teixeira & Co Pc
Address
78 MAIN ST, NORTHAMPTON, MA 01060
Preparer
Fernando Teixeira
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 2015, 2016 and 2017.”

Raw XML AppendixShowing 400 of 474 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03087
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0542
IRS990/AccountsReceivableGrp/BOYAmt058567
IRS990/AccountsReceivableGrp/EOYAmt061812
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OPERATION OF A PRIVATE ELEMENTARY SCHOOL FOR GRADES PRE-SCHOOL THROUGH SIX AND OTHER ADULT EDUCATIONAL PROGRAMS.
IRS990/AdvertisingGrp/FundraisingAmt0335
IRS990/AdvertisingGrp/ProgramServicesAmt01110
IRS990/AdvertisingGrp/TotalAmt01445
IRS990/AllOtherContributionsAmt0155519
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RISE RICHARDSON
IRS990/BooksInCareOfDetail/PhoneNum09782493505
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0253 S ROYALSTON ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROYALSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001368
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt059085
IRS990/CashNonInterestBearingGrp/EOYAmt0236800
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0155519
IRS990/CYGrantsAndSimilarPaidAmt0113066
IRS990/CYInvestmentIncomeAmt0333
IRS990/CYOtherExpensesAmt0209395
IRS990/CYOtherRevenueAmt06646
IRS990/CYProgramServiceRevenueAmt0619419
IRS990/CYRevenuesLessExpensesAmt066596
IRS990/CYSalariesCompEmpBnftPaidAmt0392860
IRS990/CYTotalExpensesAmt0715321
IRS990/CYTotalFundraisingExpenseAmt01276
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0781917
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt041702
IRS990/DeferredRevenueGrp/EOYAmt041200
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt079485
IRS990/DepreciationDepletionGrp/TotalAmt079485
IRS990/Desc0OPERATION OF A PRIVATE ELEMENTARY SCHOOL FOR GRADES PRE-SCHOOL THROUGH SIX AND OTHER ADULT EDUCATIONAL PROGRAMS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0THE VILLAGE SCHOOL
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt077295
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0655755
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013650
IRS990/FeesForServicesAccountingGrp/TotalAmt013650
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0238
IRS990/FeesForServicesLegalGrp/TotalAmt0238
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05050
IRS990/FeesForServicesOtherGrp/TotalAmt05050
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm1WALTER THORNTON
IRS990/Form990PartVIISectionAGrp/PersonNm2NANJI DAVISON
IRS990/Form990PartVIISectionAGrp/PersonNm3PENELOPE SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm4WENDY DAVENPORT
IRS990/Form990PartVIISectionAGrp/PersonNm5RISE RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm6CYNTHIA SAVOY
IRS990/Form990PartVIISectionAGrp/PersonNm7CATHERINE SZAL
IRS990/Form990PartVIISectionAGrp/PersonNm8RICK WALTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt515000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt5VILLAGE SCH DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt7VILLAGE SCH BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8VILLAGE SCH BOARD
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt03032
IRS990/FundraisingGrossIncomeAmt02999
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0113066
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0113066
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0113066
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0784949
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt013567
IRS990/InsuranceGrp/TotalAmt013567
IRS990/InterestGrp/ProgramServicesAmt047310
IRS990/InterestGrp/TotalAmt047310
IRS990/InvestmentIncomeGrp/ExclusionAmt0333
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0333
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0962
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0962
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0274162
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02804379
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02794959
IRS990/LandBldgEquipCostOrOtherBssAmt03069121
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0140000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0140000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OPERATION OF A PRIVATE ELEMENTARY SCHOOL FOR GRADES PRE-SCHOOL THROUGH SIX AND OTHER ADULT EDUCATIONAL PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0981760
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01035157
IRS990/NetAssetsOrFundBalancesBOYAmt01747751
IRS990/NetAssetsOrFundBalancesEOYAmt01814347
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-33
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-33
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01747751
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01737052
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt013846
IRS990/OccupancyGrp/TotalAmt013846
IRS990/OfficeExpensesGrp/FundraisingAmt0941
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05897
IRS990/OfficeExpensesGrp/ProgramServicesAmt010626
IRS990/OfficeExpensesGrp/TotalAmt017464
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019803
IRS990/OtherAssetsTotalGrp/EOYAmt019803
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0556
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05120
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05676
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENT AND MAIN
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SCHOOL PROGRAMS
IRS990/OtherExpensesGrp/Desc3PROVISION FOR UNCOLLECT
IRS990/OtherExpensesGrp/ProgramServicesAmt013235
IRS990/OtherExpensesGrp/ProgramServicesAmt11704
IRS990/OtherExpensesGrp/ProgramServicesAmt21360
IRS990/OtherExpensesGrp/ProgramServicesAmt31041
IRS990/OtherExpensesGrp/TotalAmt013235
IRS990/OtherExpensesGrp/TotalAmt11704
IRS990/OtherExpensesGrp/TotalAmt21360
IRS990/OtherExpensesGrp/TotalAmt31041
IRS990/OtherLiabilitiesGrp/BOYAmt03770
IRS990/OtherLiabilitiesGrp/EOYAmt03090
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06679
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06679
IRS990/OtherRevenueTotalAmt06679
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034733
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0319635
IRS990/OtherSalariesAndWagesGrp/TotalAmt0354368
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03216
IRS990/PayrollTaxesGrp/ProgramServicesAmt029600
IRS990/PayrollTaxesGrp/TotalAmt032816
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN RICHARDSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0619419
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0619419
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt083876
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0129184
IRS990/PYInvestmentIncomeAmt0228
IRS990/PYOtherExpensesAmt0240106
IRS990/PYOtherRevenueAmt018923
IRS990/PYProgramServiceRevenueAmt0578674
IRS990/PYRevenuesLessExpensesAmt0-49673
IRS990/PYSalariesCompEmpBnftPaidAmt0362084
IRS990/PYTotalExpensesAmt0731374
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0681701
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt066596
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0626098
IRS990/SavingsAndTempCashInvstGrp/BOYAmt055274
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/BookValueAmt02462674
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0121659
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02584333
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt053
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt063965
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt063912
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0638
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt063562
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt063965
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01041
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0635
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt063671
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt063562
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0526
IRS990ScheduleD/EquipmentGrp/BookValueAmt07644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058993
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt066637
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0715321
IRS990ScheduleD/LandGrp/BookValueAmt032615
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032615
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0292026
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt093510
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0385536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03090
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0781917
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 2015, 2016 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02794959
IRS990ScheduleD/TotalExpensesPerForm990Amt0715321
IRS990ScheduleD/TotalLiabilityAmt03090
IRS990ScheduleD/TotalRevenuePerForm990Amt0781917
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0781917
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0715321
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 MEDIA, ITS WEB-SITE, PROMOTIONAL LITERATURE AND PUBLIC APPEALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0113066
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION REDUCTION FOR ELIGIBLE STUDENTS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt033
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0VALUE BASED ON STANDARD TUITION RATES.
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt080000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt160000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt080000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt160000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOHN RISE RICHARDSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1WALTER THORNTON NANJI DAVISON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD MEMBERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd11
IRS990ScheduleL/TotalBalanceDueAmt0140000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT & DIRECTOR JOHN RICHARDSON IS THE SPOUSE OF EXECUTIVE DIRECTOR RISE RICHARDSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION HAS A BOARD OF DIRECTORS THAT CAN APPOINT MEMBERS AND MAKE GOVERNING DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS A BOARD OF DIRECTORS THAT CAN APPOINT MEMBERS AND MAKE GOVERNING DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5GOVERNING 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 A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,114,336
Liabilities
$1,299,989
Net assets
$1,814,347
Revenue
$781,917
Expenses
$715,321
Net income
$66,596
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