Civic Intelligence

Lake Highland Preparatory School Foundation Inc.

990 • Fiscal year 2020 • EIN 20-0724295

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 13, 2021

Organization Profilewww.lhps.org
901 North Highland AvenueOrlando, FL 32803

(407) 206-1919

Siviq Scores

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

Liabilities / Assets

67th percentile

0.42x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

35.77x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

75th percentile

$276,080

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 148.6% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

37th percentile

2.7%

Faster asset growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-65%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$15,857,824

Up $416,768 (+2.7%) from 2019

Net Assets

Up

$9,213,888

Up $246,271 (+2.7%) from 2019

Liabilities

Up

$6,643,936

Up $170,497 (+2.6%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin72nd percentile

Revenue

Down

$185,727

Down $342,246 (-65%) from 2019

Expenses

Up

$157,341

Up $17,014 (+12%) from 2019

Net Income

Down

$28,386

Down $359,260 (-93%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$30M$20M$10M$0Assets 2010: $6,176,598Liabilities 2010: $5,367,386Net Assets 2010: $809,2122010Assets 2011: $6,766,048Liabilities 2011: $5,905,527Net Assets 2011: $860,5212011Assets 2012: $6,888,822Liabilities 2012: $5,926,707Net Assets 2012: $962,1152012Assets 2013: $6,718,808Liabilities 2013: $5,449,363Net Assets 2013: $1,269,4452013Assets 2014: $11,108,661Liabilities 2014: $5,485,327Net Assets 2014: $5,623,3342014Assets 2015: $11,826,614Liabilities 2015: $6,135,221Net Assets 2015: $5,691,3932015Assets 2016: $13,018,431Liabilities 2016: $6,190,768Net Assets 2016: $6,827,6632016Assets 2017: $14,200,236Liabilities 2017: $6,256,994Net Assets 2017: $7,943,2422017Assets 2018: $14,500,564Liabilities 2018: $6,320,694Net Assets 2018: $8,179,8702018Assets 2019: $15,441,056Liabilities 2019: $6,473,439Net Assets 2019: $8,967,6172019Assets 2020: $15,857,824Liabilities 2020: $6,643,936Net Assets 2020: $9,213,8882020Assets 2021: $17,505,520Liabilities 2021: $6,707,702Net Assets 2021: $10,797,8182021Assets 2022: $16,835,934Liabilities 2022: $6,688,748Net Assets 2022: $10,147,1862022Assets 2023: $18,643,680Liabilities 2023: $6,805,758Net Assets 2023: $11,837,9222023Assets 2025: $20,982,865Liabilities 2025: $7,800,308Net Assets 2025: $13,182,5572025

Highlighted filing

2020

Assets$15,857,824
Liabilities$6,643,936
Net Assets$9,213,888
Open 2020 Filing

Operations Trend

Revenue Growth3rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $02010Expenses 2011: $7,6052011Expenses 2012: $5,4982012Expenses 2013: $13,2502013Revenue 2014: $4,353,889Expenses 2014: $0Net Income 2014: $4,353,8892014Revenue 2015: $628,446Expenses 2015: $705,880Net Income 2015: -$77,4342015Revenue 2016: $990,767Expenses 2016: $37,376Net Income 2016: $953,3912016Revenue 2017: $888,490Expenses 2017: $88,767Net Income 2017: $799,7232017Revenue 2018: $184,658Expenses 2018: $133,704Net Income 2018: $50,9542018Revenue 2019: $527,973Expenses 2019: $140,327Net Income 2019: $387,6462019Revenue 2020: $185,727Expenses 2020: $157,341Net Income 2020: $28,3862020Revenue 2021: $399,307Expenses 2021: $157,621Net Income 2021: $241,6862021Revenue 2022: $501,204Expenses 2022: $202,686Net Income 2022: $298,5182022Revenue 2023: $1,238,187Expenses 2023: $209,785Net Income 2023: $1,028,4022023Revenue 2025: $869,976Expenses 2025: $1,983,590Net Income 2025: -$1,113,6142025

Highlighted filing

2020

Revenue$185,727
Expenses$157,341
Net Income$28,386
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 13, 2021
Return Version
2019v5.2
Gross Receipts
$185,727
Mission and Program Overview

Mission

The foundation raises, receives, maintains and manages funds solely for the use and benefit of lake highland preparatory school, inc.

Supporting Organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,770,366$8,562,221▼ $208,145
Investments Other Securities$6,661,867$7,286,692▲ $624,825
Pledges and Grants Receivable$8,823$8,911▲ $88
Total Assets$15,441,056$15,857,824▲ $416,768
Liabilities
Escrow Account Liability$6,473,439$6,643,936▲ $170,497
Total Liabilities$6,473,439$6,643,936▲ $170,497
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,893,219$5,127,011▲ $233,792
Net Assets With Donor Restrictions$4,074,398$4,086,877▲ $12,479
Total Net Assets Fund Balance$8,967,617$9,213,888▲ $246,271
Total Liabilities and Net Assets / Fund Balance$15,441,056$15,857,824▲ $416,768

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$7,286,692--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,958,764$70,833▲ $332,691-$9,204,948
2018$8,174,520$413,401▲ $508,142-$8,958,764
2017$7,934,964$77,661▲ $292,671-$8,174,520
2016$6,800,922$828,752▲ $375,594-$7,934,964
2015$5,680,041$844,664▲ $308,983-$6,800,922
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Greg RamsbyChairman/Pres./Secretary
Brett BarnerDirector
Carrie CallahanDirector (began 07/19)
Sarita ShahDirector (began 07/19)
Tina KindDirector (began 07/19)
James BartlettCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$70,833
Program Service Revenue
$0
Investment Income
$114,807
Other Revenue
$87
All Other Contributions
$70,833
Change in Net Assets
$28,386

Audited Revenue Reconciliation

Revenue per Audited Statements
$185,727
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$248,335
Total Revenue per Audited Statements
$434,062
Total Revenue per Form 990
$185,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$157,341
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$157,341--$157,341
Total Functional Expenses$157,341$0$0$157,341

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$187,791
Expenses per Audited Statements$157,341
Total Expenses per Form 990$157,341
Expenses Not Reported on Form 990$30,450
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lake Highland Preparatory School IncOrlando, FL501(c)(3)General support$157,341
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The Foundation's top management and top financial official each review the Form 990 prior to its filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“The Foundation's conflict of interest policy is distributed to each member of the Foundation's governing body. Each such individual provides a disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, and certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. (Since the Foundation has no signficant transaction volume, such disclosure statements are generally requested every other year.) Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Foundation officials to take appropriate actions as required by the policy.”

Form 990, Part VI, Section B, line 15

“The Foundation does not have paid employees and therefore does not have a compensation setting policy.”

Form 990, Part VI, Section C, line 19

“The Foundation does not make its Articles of Incorporation, bylaws, conflict of interest policy, or financial statements available to the general public.”

Filing and Contact Details

Filer

Filer Name
Lake Highland Preparatory School
EIN
20-0724295
Phone
4072061919
Address
901 North Highland Avenue, Orlando, FL 32803

Signing Officer

Name
James Bartlett
Title
CFO
Phone
4072061919
Signed
2021-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Bartlett
Formed
2003
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Batts Morrison Wales & Lee PA
Address
801 North Orange Avenue Suite 800, Orlando, FL 32801
Preparer
Michele M Wales
Phone
4077706000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, line 2C:

“The Foundation's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”

Financial Statement Notes

Part IV, Line 2B:

“The Foundation holds funds on behalf of its supported organization, Lake Highland Preparatory School, Inc. These funds are transferred to the School as needed for construction and other purposes. As of 6/30/20, the balance held by the Foundation on behalf of the School was $6,643,936 and is reported on line 21 of Part X.”

Part V, Line 4:

“The endowment funds are held for the benefit of Lake Highland Preparatory School, Inc. and are intended to be used to support the School's Christian ministries, teachers, Edison program (special education), and debate program.”

Raw XML AppendixShowing 400 of 500 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0126103
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0522246
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt087
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt020000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020087
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.34700
IRS990ScheduleA/PublicSupportPY170Pct00.30860
IRS990ScheduleA/PublicSupportTotal170Amt0963855
IRS990ScheduleA/SubstantialContributorsTotAmt01271427
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0590624431
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0157341
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Lake Highland Preparatory School
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0157341
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0413401
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt077632
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0828752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0844664
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02235282
IRS990ScheduleA/TotalSupportAmt02777615
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.55600
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08958764
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt070833
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt09204948
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0157341
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0332691
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08174520
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0413401
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08958764
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0137299
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0508142
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07934964
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt077661
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt08174520
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0130777
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0292671
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06800922
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0828752
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07934964
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt070304
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0375594
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05680041
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0844664
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06800922
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt032766
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0308983
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt030450
IRS990ScheduleD/DonatedServicesUseFcltsAmt030450
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt030450
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0157341
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0217885
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07286692
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Investments
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.38370
IRS990ScheduleD/RevenueNotReportedAmt0248335
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0185727
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation holds funds on behalf of its supported organization, Lake Highland Preparatory School, Inc. These funds are transferred to the School as needed for construction and other purposes. As of 6/30/20, the balance held by the Foundation on behalf of the School was $6,643,936 and is reported on line 21 of Part X.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The endowment funds are held for the benefit of Lake Highland Preparatory School, Inc. and are intended to be used to support the School's Christian ministries, teachers, Edison program (special education), and debate program.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06030
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt07286692
IRS990ScheduleD/TotalExpensesPerForm990Amt0157341
IRS990ScheduleD/TotalRevenuePerForm990Amt0185727
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0434062
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0187791
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0157341
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Lake Highland Preparatory School Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0590624431
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0901 North Highland Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Orlando
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd032803
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Foundation made grants only to its supported organization, Lake Highland Preparatory School, Inc. Certain members of the Foundation's Board serve as Trustees of the School, and the School operates under common management. As such, no additional monitoring is deemed necessary.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0233795
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt029349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012686
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt050
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0James Bartlett
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0276080
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation's top management and top financial official each review the Form 990 prior to its filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Foundation's conflict of interest policy is distributed to each member of the Foundation's governing body. Each such individual provides a disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, and certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. (Since the Foundation has no signficant transaction volume, such disclosure statements are generally requested every other year.) Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Foundation officials to take appropriate actions as required by the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Foundation does not have paid employees and therefore does not have a compensation setting policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Foundation does not make its Articles of Incorporation, bylaws, conflict of interest policy, or financial statements available to the general public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Foundation's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Lake Highland Preparatory School Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Lake Highland Preparatory School Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1OS Complex Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0590624431
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1263416614
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Educational institution
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Supporting organization
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(b)(1) (A)(ii)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(a)(3) Type II

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$15,857,824
Liabilities
$6,643,936
Net assets
$9,213,888
Revenue
$185,727
Expenses
$157,341
Net income
$28,386
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$7.80$13.2$0.87$1.98$1.11
2023Summary only. Only limited summary data is available for this year.$18.6$6.81$11.8$1.24$0.21$1.03
2022Summary only. Only limited summary data is available for this year.$16.8$6.69$10.1$0.50$0.20$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$6.71$10.8$0.40$0.16$0.24
2020Detailed filing. Detailed filing data is available for this year.$15.9$6.64$9.21$0.19$0.16$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.4$6.47$8.97$0.53$0.14$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$6.32$8.18$0.18$0.13$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$6.26$7.94$0.89$0.09$0.80
2016Detailed filing. Detailed filing data is available for this year.$13.0$6.19$6.83$0.99$0.04$0.95
2015Summary only. Only limited summary data is available for this year.$11.8$6.14$5.69$0.63$0.71$0.08
2014Detailed filing. Detailed filing data is available for this year.$11.1$5.49$5.62$4.35$0.00$4.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$5.45$1.27$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.89$5.93$0.96$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$5.91$0.86$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$5.37$0.81$0.00