Civic Intelligence

St. Thomas More School Inc.

990 • Fiscal year 2022 • EIN 06-0876084

Sep 01, 2021 to Aug 31, 2022 • Filed on Jan 04, 2023

Organization Profilewww.stmct.org

View Organization Page

45 Cottage RoadOakdale, CT 06370

(860) 859-1900

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

2.17x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

15th percentile

-15%

Higher net margin than 15% of similar nonprofits.

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

Top Officer Pay

52nd percentile

$128,000

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

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

Asset Growth

65th percentile

7.4%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

58th percentile

9.4%

Faster revenue growth than 58% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$9,214,303

Up $638,649 (+7.4%) from 2021

Net Assets

Down

-$924,396

Down $723,334 (-360%) from 2021

Liabilities

Up

$10,138,699

Up $1,361,983 (+16%) from 2021

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin15th percentile

Revenue

Up

$4,679,934

Up $403,893 (+9.4%) from 2021

Expenses

Up

$5,403,268

Up $1,132,060 (+27%) from 2021

Net Income

Down

-$723,334

Down $728,167 (-15067%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $5,008,411Liabilities 2011: $5,335,810Net Assets 2011: -$327,3992011Assets 2012: $6,047,438Liabilities 2012: $6,460,065Net Assets 2012: -$412,6272012Assets 2013: $6,899,002Liabilities 2013: $6,945,910Net Assets 2013: -$46,9082013Assets 2014: $6,067,357Liabilities 2014: $6,213,018Net Assets 2014: -$145,6612014Assets 2015: $5,812,034Liabilities 2015: $6,138,488Net Assets 2015: -$326,4542015Assets 2016: $5,239,251Liabilities 2016: $5,536,442Net Assets 2016: -$297,1912016Assets 2017: $4,979,903Liabilities 2017: $5,574,098Net Assets 2017: -$594,1952017Assets 2018: $6,095,837Liabilities 2018: $6,094,369Net Assets 2018: $1,4682018Assets 2019: $6,875,096Liabilities 2019: $6,537,151Net Assets 2019: $337,9452019Assets 2020: $6,358,594Liabilities 2020: $6,564,489Net Assets 2020: -$205,8952020Assets 2021: $8,575,654Liabilities 2021: $8,776,716Net Assets 2021: -$201,0622021Assets 2022: $9,214,303Liabilities 2022: $10,138,699Net Assets 2022: -$924,3962022Assets 2023: $9,378,737Liabilities 2023: $9,710,546Net Assets 2023: -$331,8092023Assets 2024: $8,610,848Liabilities 2024: $9,474,936Net Assets 2024: -$864,0882024Assets 2025: $9,628,739Liabilities 2025: $10,714,628Net Assets 2025: -$1,085,8892025

Highlighted filing

2022

Assets$9,214,303
Liabilities$10,138,699
Net Assets-$924,396
Open 2022 Filing

Operations Trend

Revenue Growth58th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $6,272,645Expenses 2011: $6,339,666Net Income 2011: -$67,0212011Revenue 2012: $6,190,932Expenses 2012: $6,276,160Net Income 2012: -$85,2282012Revenue 2013: $7,365,397Expenses 2013: $6,999,678Net Income 2013: $365,7192013Revenue 2014: $6,944,608Expenses 2014: $7,043,361Net Income 2014: -$98,7532014Revenue 2015: $6,483,743Expenses 2015: $6,664,536Net Income 2015: -$180,7932015Revenue 2016: $6,359,769Expenses 2016: $6,329,921Net Income 2016: $29,8482016Revenue 2017: $5,725,828Expenses 2017: $6,022,832Net Income 2017: -$297,0042017Revenue 2018: $4,882,306Expenses 2018: $4,286,643Net Income 2018: $595,6632018Revenue 2019: $4,700,958Expenses 2019: $4,364,481Net Income 2019: $336,4772019Revenue 2020: $3,555,408Expenses 2020: $4,099,248Net Income 2020: -$543,8402020Revenue 2021: $4,276,041Expenses 2021: $4,271,208Net Income 2021: $4,8332021Revenue 2022: $4,679,934Expenses 2022: $5,403,268Net Income 2022: -$723,3342022Revenue 2023: $5,963,655Expenses 2023: $5,371,068Net Income 2023: $592,5872023Revenue 2024: $5,866,835Expenses 2024: $6,399,114Net Income 2024: -$532,2792024Revenue 2025: $6,140,175Expenses 2025: $6,361,976Net Income 2025: -$221,8012025

Highlighted filing

2022

Revenue$4,679,934
Expenses$5,403,268
Net Income-$723,334
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jan 4, 2023
Return Version
2021v4.1
Gross Receipts
$4,679,934
Mission and Program Overview

Mission

A boys' secondary college preparatory boarding school. The school offers grades 8th to 12th, as well as postgraduate studies.

A secondary college preparatory boarding school. The school offers grades 8th to 12th, as well as postgraduate studies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$5,368,742$6,055,802▲ $687,060
Land, Buildings, and Equipment, Net$1,179,829$1,516,278▲ $336,449
Savings and Temporary Cash Investments$1,686,424$1,144,578▼ $541,846
Cash and Non-Interest-Bearing Accounts$214,559$374,822▲ $160,263
Prepaid Expenses and Deferred Charges$126,100$122,823▼ $3,277
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,575,654$9,214,303▲ $638,649
Other Assets Total-$0-
Liabilities
Deferred Revenue$7,419,788$8,569,697▲ $1,149,909
Mortgage Notes Payable Secured by Investment Property$762,917$1,224,035▲ $461,118
Unsecured Notes Loans Payable$320,060--
Accounts Payable and Accrued Expenses$177,674$186,292▲ $8,618
Other Liabilities$96,277$158,675▲ $62,398
Total Liabilities$8,776,716$10,138,699▲ $1,361,983
Net Assets / Fund Balance
Net Assets With Donor Restrictions$33,532$34,414▲ $882
Net Assets Without Donor Restrictions$-234,594$-958,810▼ $724,216
Total Net Assets Fund Balance$-201,062$-924,396▼ $723,334
Total Liabilities and Net Assets / Fund Balance$8,575,654$9,214,303▲ $638,649

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,085,360$664,148$1,749,508
Buildings$231,125$92,737$323,862
Equipment$107,497$134,589$242,086
Land$80,966-$80,966
Other Land Buildings$11,330$5,432$16,762
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew QuinnHeadmasterFT$95,846$32,154$128,000

Board Members and Trustees

NameTitle
Robert KeeganChair
James Michael KofahlVice Chair
Bryan McCreadyTrustee
Nick MacarchukTrustee
J Hull ManwaringController

Highest Paid Contractors

ContractorServicesLocationCompensation
Sage Dining ServiceDining1402 York Road, Lutherville, MD 21093$732,728
ConnectiCareInsurance175 Scott Swamp Road, Farmington, CT 06032$262,886
Saveway PetroleumHeating49 S Main Street, Brooklyn, CT 06234$256,335
Bozrah Light & PowerElectricity514 Fitchville Rd, Gilman, CT 06336$156,135
Revenue and Support

Revenue Composition

Contributions and Grants
$390,570
Program Service Revenue
$3,869,566
Investment Income
$1,374
Other Revenue
$418,424
All Other Contributions
$390,570
Change in Net Assets
$-723,334

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,679,934
Total Revenue per Audited Statements
$4,679,934
Total Revenue per Form 990
$4,679,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,211,617
Salaries, Compensation, and Employee Benefits$2,191,651
Total Fundraising Expense$256,713
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$862,032$708,692-$1,570,724
All Other Expenses$306,672$140,033$6,598$453,303
Occupancy$248,031$152,579$15,110$415,720
Other Employee Benefits$161,241$205,339-$366,580
Other Expenses$143,660$88,373$215,515$215,515
Insurance$89,272$54,916$5,439$149,627
Current Officers, Directors, Trustees, and Key Employees-$128,000-$128,000
Payroll Taxes$48,824$77,523-$126,347
Depreciation Depletion$66,894$41,150$4,076$112,120
Travel$20,056$12,337$1,222$33,615
Fees for Services Accounting-$9,100-$9,100
Interest-$8,583-$8,583
Fees for Services Legal-$442-$442
Total Functional Expenses$3,519,488$1,627,067$256,713$5,403,268

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,403,268
Total Expenses per Audited Statements$5,403,268
Total Expenses per Form 990$5,403,268
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Student Council & Spending$156,675
DUE TO ENDOWMENT & DVLPMT per BS$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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, Line 11B: Form 990 Review Process

“Board of Trustees reviews and approves the Form 990 prior to submission.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Per review of the Board of Trustees”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“By DB&B and Guidestar”

Filing and Contact Details

Filer

Filer Name
St Thomas More School Inc
EIN
06-0876084
Phone
8608591900
Address
45 Cottage Road, Oakdale, CT 06370

Signing Officer

Name
Matthew Quinn
Title
Headmaster
Signed
2023-01-04
Discuss with paid preparer
Yes

Organization Details

Formed
1962
Legal Domicile
Ct
Voting Board Members
5
Independent Board Members
5
Employees
52

Preparer

Firm
Doherty Beals & Banks PC
Address
187 Williams St, New London, CT 06320
Preparer
Audrey A Leone CPA
Phone
8604432033
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization recognizes the tax benefit from uncertain tax positions when it is more-likely-than-not the position will be sustained upon examination by taxing authorities. As of August 31, 2022, the Organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. In the normal course of business, the Organizations tax filings are subject to examination by federal and state taxing authorities. The Organizations tax returns for the last three years remain open for examination.”

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IRS990/InterestGrp/ManagementAndGeneralAmt08583
IRS990/InterestGrp/TotalAmt08583
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01374
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01374
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0896906
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01179829
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01516278
IRS990/LandBldgEquipCostOrOtherBssAmt02413184
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A secondary college preparatory boarding school. The school offers grades 8th to 12th, as well as postgraduate studies.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0762917
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01224035
IRS990/NetAssetsOrFundBalancesBOYAmt0-201062
IRS990/NetAssetsOrFundBalancesEOYAmt0-924396
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-234594
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-958810
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt015110
IRS990/OccupancyGrp/ManagementAndGeneralAmt0152579
IRS990/OccupancyGrp/ProgramServicesAmt0248031
IRS990/OccupancyGrp/TotalAmt0415720
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0205339
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0161241
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0366580
IRS990/OtherExpensesGrp/Desc0Student activities
IRS990/OtherExpensesGrp/Desc1Admission expense
IRS990/OtherExpensesGrp/Desc2Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc3Public relations
IRS990/OtherExpensesGrp/FundraisingAmt08753
IRS990/OtherExpensesGrp/FundraisingAmt1215515
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt088373
IRS990/OtherExpensesGrp/ProgramServicesAmt01107770
IRS990/OtherExpensesGrp/ProgramServicesAmt1465036
IRS990/OtherExpensesGrp/ProgramServicesAmt2143660
IRS990/OtherExpensesGrp/TotalAmt01107770
IRS990/OtherExpensesGrp/TotalAmt1465036
IRS990/OtherExpensesGrp/TotalAmt2240786
IRS990/OtherExpensesGrp/TotalAmt3215515
IRS990/OtherLiabilitiesGrp/BOYAmt096277
IRS990/OtherLiabilitiesGrp/EOYAmt0158675
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc1Rental Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0377054
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt141370
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0377054
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt141370
IRS990/OtherRevenueTotalAmt0418424
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0708692
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0862032
IRS990/OtherSalariesAndWagesGrp/TotalAmt01570724
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt077523
IRS990/PayrollTaxesGrp/ProgramServicesAmt048824
IRS990/PayrollTaxesGrp/TotalAmt0126347
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0126100
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0122823
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03869566
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03869566
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01166333
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01046
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02390945
IRS990/PYOtherRevenueAmt0515823
IRS990/PYProgramServiceRevenueAmt02592839
IRS990/PYRevenuesLessExpensesAmt04833
IRS990/PYSalariesCompEmpBnftPaidAmt01880263
IRS990/PYTotalExpensesAmt04271208
IRS990/PYTotalRevenueAmt04276041
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-723334
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03869566
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01686424
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01144578
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0231125
IRS990ScheduleD/BuildingsGrp/DepreciationAmt092737
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0323862
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107497
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0134589
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0242086
IRS990ScheduleD/ExpensesSubtotalAmt05403268
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080966
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080966
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01085360
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0664148
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01749508
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011330
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05432
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016762
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1156675
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ENDOWMENT & DVLPMT per BS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO STUDENT COUNCIL & SPENDING
IRS990ScheduleD/RevenueSubtotalAmt04679934
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization recognizes the tax benefit from uncertain tax positions when it is more-likely-than-not the position will be sustained upon examination by taxing authorities. As of August 31, 2022, the Organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. In the normal course of business, the Organizations tax filings are subject to examination by federal and state taxing authorities. The Organizations tax returns for the last three years remain open for examination.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01516278
IRS990ScheduleD/TotalExpensesPerForm990Amt05403268
IRS990ScheduleD/TotalLiabilityAmt0158675
IRS990ScheduleD/TotalRevenuePerForm990Amt04679934
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04679934
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05403268
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of Trustees reviews and approves the Form 990 prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Per review of the Board of Trustees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2By DB&B and Guidestar
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,214,303
Liabilities
$10,138,699
Net assets
-$924,396
Revenue
$4,679,934
Expenses
$5,403,268
Net income
-$723,334
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.63$10.7$1.09$6.14$6.36$0.22
2024Detailed filing. Detailed filing data is available for this year.$8.61$9.47$0.86$5.87$6.40$0.53
2023Detailed filing. Detailed filing data is available for this year.$9.38$9.71$0.33$5.96$5.37$0.59
2022Detailed filing. Detailed filing data is available for this year.$9.21$10.1$0.92$4.68$5.40$0.72
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.58$8.78$0.20$4.28$4.27$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$6.56$0.21$3.56$4.10$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.88$6.54$0.34$4.70$4.36$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.10$6.09$0.00$4.88$4.29$0.60
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$5.57$0.59$5.73$6.02$0.30
2016Detailed filing. Detailed filing data is available for this year.$5.24$5.54$0.30$6.36$6.33$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$6.14$0.33$6.48$6.66$0.18
2014Summary only. Only limited summary data is available for this year.$6.07$6.21$0.15$6.94$7.04$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.90$6.95$0.05$7.37$7.00$0.37
2012Summary only. Only limited summary data is available for this year.$6.05$6.46$0.41$6.19$6.28$0.09
2011Summary only. Only limited summary data is available for this year.$5.01$5.34$0.33$6.27$6.34$0.07