Civic Intelligence

Adelphi Academy

990 • Fiscal year 2014 • EIN 11-1630740

Jul 01, 2013 to Jun 30, 2014 • Filed on Jun 24, 2015

Organization ProfileWWW.ADELPHI.ORG

View Organization Page

8515 Ridge BoulevardBrooklyn, NY 11209

(718) 238-3308

Siviq Scores

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

Liabilities / Assets

99th percentile

2.33x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

3.00x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

29th percentile

-4.0%

Higher net margin than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

15th percentile

-7.7%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-4.2%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$3,033,354

Down $251,438 (-7.7%) from 2013

Net Assets

Down

-$4,030,006

Down $697,346 (-21%) from 2013

Liabilities

Up

$7,063,360

Up $445,908 (+6.7%) from 2013

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin29th percentile

Revenue

Down

$2,355,445

Down $102,458 (-4.2%) from 2013

Expenses

Up

$2,450,341

Up $85,957 (+3.6%) from 2013

Net Income

Down

-$94,896

Down $188,415 (-201%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2010: $2,781,705Liabilities 2010: $6,738,267Net Assets 2010: -$3,956,5622010Assets 2011: $3,061,711Liabilities 2011: $6,321,679Net Assets 2011: -$3,259,9682011Assets 2012: $3,075,699Liabilities 2012: $6,501,878Net Assets 2012: -$3,426,1792012Assets 2013: $3,284,792Liabilities 2013: $6,617,452Net Assets 2013: -$3,332,6602013Assets 2014: $3,033,354Liabilities 2014: $7,063,360Net Assets 2014: -$4,030,0062014Assets 2015: $4,764,631Liabilities 2015: $9,251,573Net Assets 2015: -$4,486,9422015Assets 2016: $4,570,411Liabilities 2016: $9,064,823Net Assets 2016: -$4,494,4122016Assets 2017: $4,078,228Liabilities 2017: $9,012,003Net Assets 2017: -$4,933,7752017Assets 2018: $3,429,327Liabilities 2018: $9,736,297Net Assets 2018: -$6,306,9702018Assets 2019: $3,299,595Liabilities 2019: $9,232,823Net Assets 2019: -$5,933,2282019Assets 2020: $3,134,133Liabilities 2020: $9,228,577Net Assets 2020: -$6,094,4442020Assets 2021: $2,458,734Liabilities 2021: $8,592,781Net Assets 2021: -$6,134,0472021Assets 2022: $3,320,364Liabilities 2022: $8,300,723Net Assets 2022: -$4,980,3592022Assets 2023: $3,363,976Liabilities 2023: $7,467,318Net Assets 2023: -$4,103,3422023Assets 2024: $3,064,052Liabilities 2024: $6,951,974Net Assets 2024: -$3,887,9222024

Highlighted filing

2014

Assets$3,033,354
Liabilities$7,063,360
Net Assets-$4,030,006
Open 2014 Filing

Operations Trend

Revenue Growth29th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,410,5242010Expenses 2011: $2,122,6662011Expenses 2012: $2,672,9812012Revenue 2013: $2,457,903Expenses 2013: $2,364,384Net Income 2013: $93,5192013Revenue 2014: $2,355,445Expenses 2014: $2,450,341Net Income 2014: -$94,8962014Revenue 2015: $2,438,665Expenses 2015: $2,895,601Net Income 2015: -$456,9362015Revenue 2016: $3,553,461Expenses 2016: $3,560,931Net Income 2016: -$7,4702016Revenue 2017: $3,748,521Expenses 2017: $4,187,884Net Income 2017: -$439,3632017Revenue 2018: $3,197,813Expenses 2018: $4,571,008Net Income 2018: -$1,373,1952018Revenue 2019: $3,636,911Expenses 2019: $3,263,169Net Income 2019: $373,7422019Revenue 2020: $3,067,724Expenses 2020: $3,228,940Net Income 2020: -$161,2162020Revenue 2021: $3,109,523Expenses 2021: $3,149,126Net Income 2021: -$39,6032021Revenue 2022: $5,445,364Expenses 2022: $3,701,363Net Income 2022: $1,744,0012022Revenue 2023: $4,584,783Expenses 2023: $3,707,766Net Income 2023: $877,0172023Revenue 2024: $4,213,513Expenses 2024: $4,033,425Net Income 2024: $180,0882024

Highlighted filing

2014

Revenue$2,355,445
Expenses$2,450,341
Net Income-$94,896
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jun 24, 2015
Return Version
2013v4.0
Gross Receipts
$2,409,946
Mission and Program Overview

Mission

A college preparatory school which provides diverse student body with a nurturing, comprehensive & challenging program of studies and activities in a safe, caring & secure environment. The focus of the instructional & support program offered is on the individual student.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,947,583$1,852,262▼ $95,321
Accounts Receivable$1,182,285$1,034,396▼ $147,889
Loans From Officers Directors$96,570$253,896▲ $157,326
Cash and Non-Interest-Bearing Accounts$143,496$100,348▼ $43,148
Prepaid Expenses and Deferred Charges-$46,348-
Intangible Assets$11,428--
Total Assets$3,284,792$3,033,354▼ $251,438
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,920,000$5,920,000→ $0
Accounts Payable and Accrued Expenses$311,645$449,055▲ $137,410
Deferred Revenue$171,737$408,244▲ $236,507
Unsecured Notes Loans Payable$117,500$32,165▼ $85,335
Total Liabilities$6,617,452$7,063,360▲ $445,908
Net Assets / Fund Balance
Unrestricted Net Assets$-3,332,660$-4,030,006▼ $697,346
Total Net Assets Fund Balance$-3,332,660$-4,030,006▼ $697,346
Total Liabilities and Net Assets / Fund Balance$3,284,792$3,033,354▼ $251,438

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,080,912$2,636,530$3,717,442
Land$524,048-$524,048
Leasehold Improvements$226,347$16,672$243,019
Other Land Buildings$11,603$215,006$226,609
Equipment$9,352$194,920$204,272
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Albert C CorhanDirector of OperaFT$120,060$120,060
Iphigenia RomanosHead of SchoFT$119,045$119,045
Dr Roy J BlashPresident &FT$7,692$7,692
Dr Roy J BlashPresident & CEO-$7,692$7,692

Board Members and Trustees

NameTitle
Michael J LuChairman
Dr Stephen L RisoTrustee
Emil CafieroTrustee
George P SmithTrustee
Ourania RomanosSecretary
John LambertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,691
Program Service Revenue
$2,149,741
Investment Income
$0
Other Revenue
$116,013
All Other Contributions
$89,691
Change in Net Assets
$-94,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,287,852
Salaries, Compensation, and Employee Benefits$1,162,489
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$504,214$203,932-$708,146
Interest$465,842$24,518-$490,360
Comp Disqual Persons-$246,797-$246,797
Depreciation Depletion$101,412$5,337-$106,749
Other Employee Benefits$58,187$42,236-$100,423
Payroll Taxes$49,737$35,979-$85,716
All Other Expenses$52,362$24,575-$76,937
Other Expenses$70,903$3,732-$74,635
Fees for Services Legal-$66,773-$66,773
Insurance$57,999$3,053-$61,052
Advertising$7,189$21,567-$28,756
Fees for Services Accounting-$27,287-$27,287
Pension Plan Contributions-$21,407-$21,407
Office Expenses-$20,570-$20,570
Information Technology$16,103$1,789-$17,892
Fees for Services Management$15,780--$15,780
Fees for Service Investment Mgmnt Fees-$13,840-$13,840
Conferences and Meetings-$3,603-$3,603
Total Functional Expenses$1,679,566$770,775$0$2,450,341
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$170,514
Fundraising Direct Expenses$54,501
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$170,514$170,514$54,501$116,013
Total Events$170,514$170,514$54,501$116,013
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$96,570$253,896▲ $157,326
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the governing body for completeness and accuracy.”

Form 990, Page 6, Part VI, Line 12C

“The governing body consistently monitors to ensure compliance with conflict of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“The governing body performs a formal review and evaluation and also consults independent third party professionals, reviews comparability information and statistics and makes a formal decision based on various factors and criteria.”

Form 990, Page 6, Part VI, Line 15B

“The governing body performs a formal review and evaluation and also consults independent third party professionals, reviews comparability information and statistics and makes a formal decision based on various factors and criteria.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy and financial statements are published in the internal staff and board manuals. They are also available at the school upon request.”

Filing and Contact Details

Filer

EIN
11-1630740
Phone
7182383308

Signing Officer

Name
John Lambert
Title
Treasurer
Phone
7182383308
Signed
2015-06-24

Organization Details

Principal Officer
Same as C Above
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
27

Preparer

Preparer
Leonard Fliegel CPA
Phone
5165939200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“A college preparatory school which provides diverse student body with a nurturing, comprehensive & challenging program of studies and activities in a safe, caring & secure environment. The focus of the instructional & support program offered is on the individual student.”

Form 990, Part XI, Line 9

“Correction to prior year due to overstatement of accounts receivable.”

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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/MortgNotesPyblScrdInvstPropGrp/EOYAmt05920000
IRS990/NetAssetsOrFundBalancesBOYAmt0-3332660
IRS990/NetAssetsOrFundBalancesEOYAmt0-4030006
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0116013
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020570
IRS990/OfficeExpensesGrp/TotalAmt020570
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt042236
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt058187
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0100423
IRS990/OtherExpensesGrp/Desc0STUDENT SUPPLIES & EXP
IRS990/OtherExpensesGrp/Desc1STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03780
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13732
IRS990/OtherExpensesGrp/ProgramServicesAmt0110243
IRS990/OtherExpensesGrp/ProgramServicesAmt197766
IRS990/OtherExpensesGrp/ProgramServicesAmt271829
IRS990/OtherExpensesGrp/ProgramServicesAmt370903
IRS990/OtherExpensesGrp/TotalAmt0110243
IRS990/OtherExpensesGrp/TotalAmt197766
IRS990/OtherExpensesGrp/TotalAmt275609
IRS990/OtherExpensesGrp/TotalAmt374635
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203932
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0504214
IRS990/OtherSalariesAndWagesGrp/TotalAmt0708146
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035979
IRS990/PayrollTaxesGrp/ProgramServicesAmt049737
IRS990/PayrollTaxesGrp/TotalAmt085716
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021407
IRS990/PensionPlanContributionsGrp/TotalAmt021407
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046348
IRS990/PrincipalOfficerNm0SAME AS C ABOVE
IRS990/PriorPeriodAdjustmentsAmt0-602450
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & OTHER STUDENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1ADMINISTRATIVE & OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02090271
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02090271
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159470
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0130334
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0411
IRS990/PYOtherExpensesAmt0962625
IRS990/PYOtherRevenueAmt059930
IRS990/PYProgramServiceRevenueAmt02267228
IRS990/PYRevenuesLessExpensesAmt093519
IRS990/PYSalariesCompEmpBnftPaidAmt01401759
IRS990/PYTotalExpensesAmt02364384
IRS990/PYTotalRevenueAmt02457903
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-94896
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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/BookValueAmt01080912
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02636530
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03717442
IRS990ScheduleD/EquipmentGrp/BookValueAmt09352
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0194920
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0204272
IRS990ScheduleD/LandGrp/BookValueAmt0524048
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0524048
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0226347
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016672
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0243019
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011603
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0215006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0226609
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01852262
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt054501
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0170514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0170514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0170514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0170514
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0116013
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt054501
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt054501
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt07692
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DR ROY J BLASH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt07692
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0108375
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt159842
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt255679
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt330000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALBERT CORHAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1IPHIGENIA ROMANOS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2DR ROY BLASH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3WADE JABOUR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIR OF OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1HEAD OF SCHOOL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2FORMER PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/TotalBalanceDueAmt0253896
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COLLEGE PREPARATORY SCHOOL WHICH PROVIDES DIVERSE STUDENT BODY WITH A NURTURING, COMPREHENSIVE & CHALLENGING PROGRAM OF STUDIES AND ACTIVITIES IN A SAFE, CARING & SECURE ENVIRONMENT. THE FOCUS OF THE INSTRUCTIONAL & SUPPORT PROGRAM OFFERED IS ON THE INDIVIDUAL STUDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE GOVERNING BODY FOR COMPLETENESS AND ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY CONSISTENTLY MONITORS TO ENSURE COMPLIANCE WITH CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING BODY PERFORMS A FORMAL REVIEW AND EVALUATION AND ALSO CONSULTS INDEPENDENT THIRD PARTY PROFESSIONALS, REVIEWS COMPARABILITY INFORMATION AND STATISTICS AND MAKES A FORMAL DECISION BASED ON VARIOUS FACTORS AND CRITERIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING BODY PERFORMS A FORMAL REVIEW AND EVALUATION AND ALSO CONSULTS INDEPENDENT THIRD PARTY PROFESSIONALS, REVIEWS COMPARABILITY INFORMATION AND STATISTICS AND MAKES A FORMAL DECISION BASED ON VARIOUS FACTORS AND CRITERIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PUBLISHED IN THE INTERNAL STAFF AND BOARD MANUALS. THEY ARE ALSO AVAILABLE AT THE SCHOOL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CORRECTION TO PRIOR YEAR DUE TO OVERSTATEMENT OF ACCOUNTS RECEIVABLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,033,354
Liabilities
$7,063,360
Net assets
-$4,030,006
Revenue
$2,355,445
Expenses
$2,450,341
Net income
-$94,896
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.06$6.95$3.89$4.21$4.03$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.36$7.47$4.10$4.58$3.71$0.88
2022Detailed filing. Detailed filing data is available for this year.$3.32$8.30$4.98$5.45$3.70$1.74
2021Detailed filing. Detailed filing data is available for this year.$2.46$8.59$6.13$3.11$3.15$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.13$9.23$6.09$3.07$3.23$0.16
2019Detailed filing. Detailed filing data is available for this year.$3.30$9.23$5.93$3.64$3.26$0.37
2018Detailed filing. Detailed filing data is available for this year.$3.43$9.74$6.31$3.20$4.57$1.37
2017Detailed filing. Detailed filing data is available for this year.$4.08$9.01$4.93$3.75$4.19$0.44
2016Detailed filing. Detailed filing data is available for this year.$4.57$9.06$4.49$3.55$3.56$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.76$9.25$4.49$2.44$2.90$0.46
2014Detailed filing. Detailed filing data is available for this year.$3.03$7.06$4.03$2.36$2.45$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$6.62$3.33$2.46$2.36$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$6.50$3.43$2.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$6.32$3.26$2.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$6.74$3.96$2.41