Civic Intelligence

Interdistrict School for Arts and Communication Inc.

990 • Fiscal year 2015 • EIN 06-1473576

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

190 Governor Winthrop BlvdNew London, CT 06320

(860) 447-1003

Siviq Scores

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

Liabilities / Assets

51st percentile

0.19x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.31x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

66th percentile

8.8%

Higher net margin than 66% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

57th percentile

$133,455

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

82nd percentile

16%

Faster asset growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$7,037,233

Up $983,789 (+16%) from 2014

Net Assets

Up

$5,727,291

Up $369,305 (+6.9%) from 2014

Liabilities

Up

$1,309,942

Up $614,484 (+88%) from 2014

Revenue

Down

$4,188,944

Down $789,534 (-16%) from 2014

Expenses

Up

$3,819,639

Up $295,173 (+8.4%) from 2014

Net Income

Down

$369,305

Down $1,084,707 (-75%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,891,913Liabilities 2011: $1,030,308Net Assets 2011: $2,861,6052011Assets 2012: $4,297,954Liabilities 2012: $527,554Net Assets 2012: $3,770,4002012Assets 2013: $5,785,870Liabilities 2013: $1,881,896Net Assets 2013: $3,903,9742013Assets 2014: $6,053,444Liabilities 2014: $695,458Net Assets 2014: $5,357,9862014Assets 2015: $7,037,233Liabilities 2015: $1,309,942Net Assets 2015: $5,727,2912015Assets 2016: $6,859,569Liabilities 2016: $1,297,017Net Assets 2016: $5,562,5522016Assets 2017: $6,525,988Liabilities 2017: $1,121,576Net Assets 2017: $5,404,4122017Assets 2018: $6,609,629Liabilities 2018: $1,329,865Net Assets 2018: $5,279,7642018Assets 2019: $6,648,038Liabilities 2019: $1,382,983Net Assets 2019: $5,265,0552019Assets 2020: $6,396,837Liabilities 2020: $955,869Net Assets 2020: $5,440,9682020Assets 2021: $6,889,500Liabilities 2021: $1,414,450Net Assets 2021: $5,475,0502021Assets 2022: $7,124,461Liabilities 2022: $1,470,398Net Assets 2022: $5,654,0632022Assets 2023: $9,641,909Liabilities 2023: $2,796,270Net Assets 2023: $6,845,6392023Assets 2024: $9,673,821Liabilities 2024: $2,812,320Net Assets 2024: $6,861,5012024Assets 2025: $11,340,468Liabilities 2025: $3,928,187Net Assets 2025: $7,412,2812025

Highlighted filing

2015

Assets$7,037,233
Liabilities$1,309,942
Net Assets$5,727,291

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,312,852Expenses 2011: $2,347,835Net Income 2011: -$34,9832011Revenue 2012: $3,473,508Expenses 2012: $2,564,713Net Income 2012: $908,7952012Revenue 2013: $2,865,367Expenses 2013: $2,731,793Net Income 2013: $133,5742013Revenue 2014: $4,978,478Expenses 2014: $3,524,466Net Income 2014: $1,454,0122014Revenue 2015: $4,188,944Expenses 2015: $3,819,639Net Income 2015: $369,3052015Revenue 2016: $3,751,649Expenses 2016: $3,916,388Net Income 2016: -$164,7392016Revenue 2017: $3,751,991Expenses 2017: $3,910,131Net Income 2017: -$158,1402017Revenue 2018: $3,508,539Expenses 2018: $3,633,187Net Income 2018: -$124,6482018Revenue 2019: $4,096,251Expenses 2019: $4,110,960Net Income 2019: -$14,7092019Revenue 2020: $4,547,583Expenses 2020: $4,371,670Net Income 2020: $175,9132020Revenue 2021: $4,496,379Expenses 2021: $4,462,297Net Income 2021: $34,0822021Revenue 2022: $5,193,651Expenses 2022: $5,014,638Net Income 2022: $179,0132022Revenue 2023: $6,240,703Expenses 2023: $5,049,127Net Income 2023: $1,191,5762023Revenue 2024: $5,571,887Expenses 2024: $5,556,025Net Income 2024: $15,8622024Revenue 2025: $6,961,943Expenses 2025: $6,411,163Net Income 2025: $550,7802025

Highlighted filing

2015

Revenue$4,188,944
Expenses$3,819,639
Net Income$369,305
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$4,188,944
Mission and Program Overview

Mission

Interdistrict School for Arts and Communication (ISAAC) is an independent charter school that was founded in 1997. During the 2024-2025 school year, ISAAC expanded to include grade 4, in addition to serving grades 6-8, to identify and address student learning difficulties earlier. This expansion allows for timely interventions, stronger foundational skills, and continuity in instruction, particularly in literacy and math. Early data shows improved reading fluency, comprehension, and student engagement. ISAAC also introduced a flexible classroom approach, promoting student-centered learning through varied seating and collaborative workspaces. Aligned with ISAAC's motto, "Effort Creates Ability and All Students Can Succeed," these practices are supported by a rigorous, teacher-written curriculum, Interim Assessment Blocks, and daily math instruction for sixth graders to close achievement gaps. Partnerships with local organizations and the Anti-Defamation League's "No Place for Hate" prog

Interdistrict school for arts & communication is a state charter school for grades 6-8 designed to inspire our students through the arts, communication, and exploration in a collaborative, multicultural community to be courageous citizens who are difference makers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,276,965$5,937,231▲ $660,266
Savings and Temporary Cash Investments$498,545$800,601▲ $302,056
Accounts Receivable$133,556$158,551▲ $24,995
Pledges and Grants Receivable$88,985$133,645▲ $44,660
Cash and Non-Interest-Bearing Accounts$26,401$5,725▼ $20,676
Prepaid Expenses and Deferred Charges$28,992$1,480▼ $27,512
Total Assets$6,053,444$7,037,233▲ $983,789
Liabilities
Mortgage Notes Payable Secured by Investment Property$347,926$654,397▲ $306,471
Deferred Revenue$53,470$397,795▲ $344,325
Accounts Payable and Accrued Expenses$275,187$257,750▼ $17,437
Other Liabilities$18,875$0▼ $18,875
Total Liabilities$695,458$1,309,942▲ $614,484
Net Assets / Fund Balance
Unrestricted Net Assets$5,305,372$5,682,316▲ $376,944
Temporarily Rstr Net Assets$52,614$44,975▼ $7,639
Total Net Assets Fund Balance$5,357,986$5,727,291▲ $369,305
Total Liabilities and Net Assets / Fund Balance$6,053,444$7,037,233▲ $983,789

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,679,947$968,311$6,648,258
Equipment$177,284$151,141$328,425
Land$80,000-$80,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gina FafardExecutive Director Thru 8/14FT$133,455-$133,455
Diane McmastersDirector-$63,250$27,285$90,535
David HowesActing Executive DirectorFT$63,490$519$64,009

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,507,222
Program Service Revenue
$668,392
Investment Income
$5,515
Other Revenue
$7,815
All Other Contributions
$366,900
Change in Net Assets
$369,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,188,944
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,188,944
Total Revenue per Form 990
$4,188,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,030,058
Other Expenses$789,581
Total Fundraising Expense$59,950
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,894,525$71,517$47,224$2,013,266
Pension Plan Contributions$349,707--$349,707
Current Officers, Directors, Trustees, and Key Employees$297,364$19,599-$316,963
Other Employee Benefits$232,155$21,765-$253,920
Depreciation Depletion$171,036$9,003-$180,039
Occupancy$132,838$8,105-$140,943
Fees for Services Other$125,853$2,199-$128,052
Payroll Taxes$84,652$7,936$3,614$96,202
Insurance$33,385$2,852$470$36,707
Interest$27,482$1,446-$28,928
Office Expenses$18,219$9,426-$27,645
All Other Expenses$8,707$429$8,642$17,778
Information Technology$15,715$982-$16,697
Fees for Services Accounting-$13,200-$13,200
Fees for Services Legal-$11,755-$11,755
Other Expenses$10,185$3,267-$10,185
Advertising-$6,972-$6,972
Travel$6,361--$6,361
Total Functional Expenses$3,569,236$190,453$59,950$3,819,639

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,819,639
Total Expenses per Audited Statements$3,819,639
Total Expenses per Form 990$3,819,639
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Isaac's business manager and executive director reviews the 990 before it is filed. The board of director's receives a copy of the 990 tax return after it has been filed.

Form 990, Part VI, Section B, Line 15

The executive director has an annual contract with a stipulated amount determined and voted on by the board. Directors and teachers' salaries are negotiated with the assistance of the ct education assoc. Both directors and teachers receive wage increases according to their individual union contracts.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Interdistrict School for Arts and
EIN
06-1473576
Phone
8604471003
Address
190 GOVERNOR WINTHROP BLVD, NEW LONDON, CT 06320

Signing Officer

Name
David Howes
Title
Executive Director
Phone
8604471003
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Howes
Formed
1997
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
11
Employees
67
Volunteers
50

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Kimberly Nardone
Phone
9592007000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of directors assumes responsibility and oversight of the audit and the selection of an independent auditor.

Financial Statement Notes

PART X, LINE 2:

The school has no unrecognized tax benefits at june 30, 2015 or 2014. The school's federal and state income tax returns prior to fiscal year 2011 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, the school would recognize interest and penalties associated with tax matters as part of management and general expenses in the statement of activities and changes in net assets and include accrued interest and penalties in accrued liabilities in the statement of financial position. The school did not recognize any interest or penalties associated with tax matters for the years ended june 30, 2015 and 2014.

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IRS990/Form990PartVIISectionAGrp/TitleTxt12ACTING EXECUTIVE DIRECTOR
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt03140322
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04188944
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0982
IRS990/InformationTechnologyGrp/ProgramServicesAmt015715
IRS990/InformationTechnologyGrp/TotalAmt016697
IRS990/InsuranceGrp/FundraisingAmt0470
IRS990/InsuranceGrp/ManagementAndGeneralAmt02852
IRS990/InsuranceGrp/ProgramServicesAmt033385
IRS990/InsuranceGrp/TotalAmt036707
IRS990/InterestGrp/ManagementAndGeneralAmt01446
IRS990/InterestGrp/ProgramServicesAmt027482
IRS990/InterestGrp/TotalAmt028928
IRS990/InvestmentIncomeGrp/ExclusionAmt05515
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05515
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01119452
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05276965
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05937231
IRS990/LandBldgEquipCostOrOtherBssAmt07056683
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF ISAAC IS TO PROVIDE AN EXPERIENTIAL LEARNING COMMUNITY WHERE STUDENTS, FAMILIES AND TEACHERS ARE CHALLENGED TO DISCOVER AND EXPRESS THE BEST IN THEMSELVES AND EACH OTHER WHILE VALUING THE DIVERSITY IN OUR SCHOOL, OUR COMMUNITY AND THE WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0347926
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0654397
IRS990/NetAssetsOrFundBalancesBOYAmt05357986
IRS990/NetAssetsOrFundBalancesEOYAmt05727291
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08105
IRS990/OccupancyGrp/ProgramServicesAmt0132838
IRS990/OccupancyGrp/TotalAmt0140943
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09426
IRS990/OfficeExpensesGrp/ProgramServicesAmt018219
IRS990/OfficeExpensesGrp/TotalAmt027645
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021765
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0232155
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0253920
IRS990/OtherExpensesGrp/Desc0PUPIL SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03267
IRS990/OtherExpensesGrp/ProgramServicesAmt097519
IRS990/OtherExpensesGrp/ProgramServicesAmt145417
IRS990/OtherExpensesGrp/ProgramServicesAmt218116
IRS990/OtherExpensesGrp/ProgramServicesAmt310185
IRS990/OtherExpensesGrp/TotalAmt097519
IRS990/OtherExpensesGrp/TotalAmt148684
IRS990/OtherExpensesGrp/TotalAmt218116
IRS990/OtherExpensesGrp/TotalAmt310185
IRS990/OtherLiabilitiesGrp/BOYAmt018875
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt07815
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07815
IRS990/OtherRevenueTotalAmt07815
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt047224
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071517
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01894525
IRS990/OtherSalariesAndWagesGrp/TotalAmt02013266
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03614
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07936
IRS990/PayrollTaxesGrp/ProgramServicesAmt084652
IRS990/PayrollTaxesGrp/TotalAmt096202
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0349707
IRS990/PensionPlanContributionsGrp/TotalAmt0349707
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt088985
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0133645
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028992
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01480
IRS990/PrincipalOfficerNm0DAVID HOWES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EDUCATION TUIT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0668392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0668392
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04303093
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03700
IRS990/PYOtherExpensesAmt0894311
IRS990/PYOtherRevenueAmt0644
IRS990/PYProgramServiceRevenueAmt0671041
IRS990/PYRevenuesLessExpensesAmt01454012
IRS990/PYSalariesCompEmpBnftPaidAmt02630155
IRS990/PYTotalExpensesAmt03524466
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04978478
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0369305
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0668392
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0498545
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0800601
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/BookValueAmt05679947
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0968311
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06648258
IRS990ScheduleD/EquipmentGrp/BookValueAmt0177284
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0151141
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0328425
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03819639
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04188944
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2015 OR 2014. THE SCHOOL'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2011 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, THE SCHOOL WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF MANAGEMENT AND GENERAL EXPENSES IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS AND INCLUDE ACCRUED INTEREST AND PENALTIES IN ACCRUED LIABILITIES IN THE STATEMENT OF FINANCIAL POSITION. THE SCHOOL DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH TAX MATTERS FOR THE YEARS ENDED JUNE 30, 2015 AND 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05937231
IRS990ScheduleD/TotalExpensesPerForm990Amt03819639
IRS990ScheduleD/TotalRevenuePerForm990Amt04188944
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04188944
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03819639
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS A HANDBOOK STATING ITS NONDISCRIMINATORY POLICY AND STATES ITS NONDISCRIMINATORY POLICY ON ALL ADVERTISING.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS A PUBLIC SCHOOL AND DOES NOT OFFER SCHOLARSHIPS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2STATE ENROLLMENT BASED GRANT & FEDERAL SPECIAL EDUCATION GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ISAAC'S BUSINESS MANAGER AND EXECUTIVE DIRECTOR REVIEWS THE 990 BEFORE IT IS FILED. THE BOARD OF DIRECTOR'S RECEIVES A COPY OF THE 990 TAX RETURN AFTER IT HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR HAS AN ANNUAL CONTRACT WITH A STIPULATED AMOUNT DETERMINED AND VOTED ON BY THE BOARD. DIRECTORS AND TEACHERS' SALARIES ARE NEGOTIATED WITH THE ASSISTANCE OF THE CT EDUCATION ASSOC. BOTH DIRECTORS AND TEACHERS RECEIVE WAGE INCREASES ACCORDING TO THEIR INDIVIDUAL UNION CONTRACTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ISAAC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY AND OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$3.93$7.41$6.96$6.41$0.55
2024Detailed filing. Detailed filing data is available for this year.$9.67$2.81$6.86$5.57$5.56$0.02
2023Detailed filing. Detailed filing data is available for this year.$9.64$2.80$6.85$6.24$5.05$1.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.12$1.47$5.65$5.19$5.01$0.18
2021Detailed filing. Detailed filing data is available for this year.$6.89$1.41$5.48$4.50$4.46$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.96$5.44$4.55$4.37$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.65$1.38$5.27$4.10$4.11$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.61$1.33$5.28$3.51$3.63$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$1.12$5.40$3.75$3.91$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.86$1.30$5.56$3.75$3.92$0.16
2015Detailed filing. Detailed filing data is available for this year.$7.04$1.31$5.73$4.19$3.82$0.37
2014Detailed filing. Detailed filing data is available for this year.$6.05$0.70$5.36$4.98$3.52$1.45
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.79$1.88$3.90$2.87$2.73$0.13
2012Summary only. Only limited summary data is available for this year.$4.30$0.53$3.77$3.47$2.56$0.91
2011Summary only. Only limited summary data is available for this year.$3.89$1.03$2.86$2.31$2.35$0.03
Peer Organizations

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