Civic Intelligence

Logos Preparatory Academy

990 • Fiscal year 2017 • EIN 20-0864550

Jun 01, 2016 to May 31, 2017 • Filed on Dec 26, 2017

PO Box 16340Sugar Land, TX 77476

(281) 565-6467

Siviq Scores

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

Liabilities / Assets

65th percentile

0.23x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.09x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

75th percentile

17%

Higher net margin than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$67,400

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

94th percentile

81%

Faster asset growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

0.4%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,351,500

Up $603,356 (+81%) from 2016

Net Assets

Up

$1,046,884

Up $555,911 (+113%) from 2016

Liabilities

Up

$304,616

Up $47,445 (+18%) from 2016

Revenue

Up

$3,302,446

Up $14,491 (+0.4%) from 2016

Expenses

Down

$2,746,535

Down $958,033 (-26%) from 2016

Net Income

Up

$555,911

Up $972,524 (+233%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $432,524Liabilities 2012: $154,652Net Assets 2012: $277,8722012Assets 2013: $652,171Liabilities 2013: $192,517Net Assets 2013: $459,6542013Assets 2014: $1,080,598Liabilities 2014: $249,180Net Assets 2014: $831,4182014Assets 2015: $1,078,664Liabilities 2015: $200,528Net Assets 2015: $878,1362015Assets 2016: $748,144Liabilities 2016: $257,171Net Assets 2016: $490,9732016Assets 2017: $1,351,500Liabilities 2017: $304,616Net Assets 2017: $1,046,8842017Assets 2018: $4,425,153Liabilities 2018: $2,798,688Net Assets 2018: $1,626,4652018Assets 2019: $4,941,370Liabilities 2019: $2,844,874Net Assets 2019: $2,096,4962019Assets 2020: $5,789,896Liabilities 2020: $3,281,394Net Assets 2020: $2,508,5022020Assets 2021: $6,111,459Liabilities 2021: $3,174,871Net Assets 2021: $2,936,5882021Assets 2022: $7,595,120Liabilities 2022: $3,860,517Net Assets 2022: $3,734,6032022Assets 2023: $4,701,014Liabilities 2023: $156,813Net Assets 2023: $4,544,2012023Assets 2024: $6,883,861Liabilities 2024: $147,877Net Assets 2024: $6,735,9842024Assets 2025: $8,400,796Liabilities 2025: $267,789Net Assets 2025: $8,133,0072025

Highlighted filing

2017

Assets$1,351,500
Liabilities$304,616
Net Assets$1,046,884

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $1,759,513Expenses 2012: $1,610,116Net Income 2012: $149,3972012Revenue 2013: $1,970,919Expenses 2013: $1,789,137Net Income 2013: $181,7822013Revenue 2014: $2,811,587Expenses 2014: $2,439,823Net Income 2014: $371,7642014Revenue 2015: $3,227,015Expenses 2015: $3,180,297Net Income 2015: $46,7182015Revenue 2016: $3,287,955Expenses 2016: $3,704,568Net Income 2016: -$416,6132016Revenue 2017: $3,302,446Expenses 2017: $2,746,535Net Income 2017: $555,9112017Revenue 2018: $3,457,640Expenses 2018: $2,900,080Net Income 2018: $557,5602018Revenue 2019: $3,285,683Expenses 2019: $2,808,733Net Income 2019: $476,9502019Revenue 2020: $3,176,194Expenses 2020: $2,752,812Net Income 2020: $423,3822020Revenue 2021: $3,466,479Expenses 2021: $3,042,901Net Income 2021: $423,5782021Revenue 2022: $3,938,608Expenses 2022: $3,144,567Net Income 2022: $794,0412022Revenue 2023: $4,298,991Expenses 2023: $3,483,737Net Income 2023: $815,2542023Revenue 2024: $5,868,416Expenses 2024: $3,680,597Net Income 2024: $2,187,8192024Revenue 2025: $5,485,106Expenses 2025: $4,085,942Net Income 2025: $1,399,1642025

Highlighted filing

2017

Revenue$3,302,446
Expenses$2,746,535
Net Income$555,911
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Dec 26, 2017
Return Version
2016v3.0
Gross Receipts
$3,329,688
Mission and Program Overview

Mission

Logos preparatory academy is a university-model school. Logos prep is passionate about partnering with parents to educate the next generation of world changers. Logos prep trains, develops, and encourages young people spiritually, academically, physically, emotionally, and socially, using christian values for the glory of god. Logos prep promotes biblical standards integrated in the education process to inspire students to do god's will for generations to come.

Provide an alternative educational choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$303,126$941,918▲ $638,792
Land, Buildings, and Equipment, Net$276,025$214,164▼ $61,861
Investments in Publicly Traded Securities$90,025$100,158▲ $10,133
Savings and Temporary Cash Investments$20,868$57,149▲ $36,281
Accounts Receivable$21,536$18,046▼ $3,490
Prepaid Expenses and Deferred Charges$25,872$11,195▼ $14,677
Inventories for Sale or Use$4,192$2,370▼ $1,822
Total Assets$748,144$1,351,500▲ $603,356
Other Assets Total$6,500$6,500→ $0
Liabilities
Deferred Revenue$206,568$289,304▲ $82,736
Unsecured Notes Loans Payable$25,712--
Accounts Payable and Accrued Expenses$24,891$15,312▼ $9,579
Total Liabilities$257,171$304,616▲ $47,445
Net Assets / Fund Balance
Unrestricted Net Assets$490,973$1,046,884▲ $555,911
Total Net Assets Fund Balance$490,973$1,046,884▲ $555,911
Total Liabilities and Net Assets / Fund Balance$748,144$1,351,500▲ $603,356

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$127,063$232,013$359,076
Leasehold Improvements$85,309$202,364$287,673
Other Land Buildings$1,792$2,191$3,983
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tammy McilvoyPresident/heFT$67,400$67,400

Board Members and Trustees

NameTitle
Rick GoolsbyChairman/Director
Milton FickVice Chair/d
Angela JamesDirector
Chris BellottiDirector
Chris GeorgeDirector
Julie GoolsbyDirector
Kristin CoxDirector
Randy McilvoyDirector
Robert GowensDirector
Tim AlcornDirector
Toussaint SmithDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$71,263
Program Service Revenue
$3,128,590
Investment Income
$10,190
Other Revenue
$92,403
All Other Contributions
$58,763
Change in Net Assets
$555,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,787,221
Other Expenses$959,099
Total Fundraising Expense$49,335
Professional Fundraising Fees$215
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,111,678$504,842$39,242$1,655,762
Fees for Services Other$307,247--$307,247
Occupancy$191,564$86,994$6,762$285,320
Payroll Taxes$88,261$40,082$3,116$131,459
Insurance$116,853$2,945-$119,798
Depreciation Depletion$70,618--$70,618
Office Expenses$55,732--$55,732
Information Technology$41,064--$41,064
Fees for Services Management-$34,597-$34,597
Advertising$27,253--$27,253
Fees for Services Accounting-$15,978-$15,978
Conferences and Meetings-$1,492-$1,492
Fees for Services Professional Fundraising--$215$215
Total Functional Expenses$2,010,270$686,930$49,335$2,746,535
International Activity

International Summary

Spending
$34,915

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Dominican RepublicProgramBenevolence--$17,500
Dominican RepublicProgramMission Trip--$17,415
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$119,645
Fundraising Direct Expenses$27,242
Professional Fundraising Fees$215

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jubilee$123,575$111,075$11,358$99,717
Father-daughter$8,570$8,570$1,388$7,182
Total Events$132,145$119,645$27,242$92,403
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
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
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Logos Preparatory Academy
EIN
20-0864550
Phone
2815656467
Address
PO BOX 16340, SUGAR LAND, TX 77476

Signing Officer

Name
Tammy Mcilvoy
Title
President/headmaster
Phone
2815656467
Signed
2017-12-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Mcilvoy
Formed
2004
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
7
Employees
114
Volunteers
114

Preparer

Firm
Stephenson-hamman Pllc
Address
1609 NORTH RICHMOND ROAD, WHARTON, TX 77488
Preparer
Chris Legrand
Phone
9795325964
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Logos preparatory academy is a university model school that serves students in grades k-12. During the 2016-2017 school year, logos preparatory academy served 502 students. 1 student out of 39 applicants were recognized by the national merit scholarship corporation.

Form 990, Page 2, Part III, Line 4D

Serve educational needs of community.

Form 990, Part IX, Line 11G

Athletics 118,296 0 0 student activities 117,669 0 0 academic supplies 71,282 0 0 total 307,247 0 0

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IRS990/OfficeExpensesGrp/TotalAmt055732
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06500
IRS990/OtherAssetsTotalGrp/EOYAmt06500
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt039242
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0504842
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01111678
IRS990/OtherSalariesAndWagesGrp/TotalAmt01655762
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03116
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040082
IRS990/PayrollTaxesGrp/ProgramServicesAmt088261
IRS990/PayrollTaxesGrp/TotalAmt0131459
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025872
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011195
IRS990/PrincipalOfficerNm0TAMMY MCILVOY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02809193
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1184495
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2134902
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02809193
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1184495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2134902
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SERVE EDUCATIONAL NEEDS OF COMMUNITY.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0157235
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03337
IRS990/PYInvestmentIncomeAmt018667
IRS990/PYOtherExpensesAmt01335504
IRS990/PYOtherRevenueAmt0829
IRS990/PYProgramServiceRevenueAmt03111224
IRS990/PYRevenuesLessExpensesAmt0-416613
IRS990/PYSalariesCompEmpBnftPaidAmt02342927
IRS990/PYTotalExpensesAmt03704568
IRS990/PYTotalProfFndrsngExpnsAmt022800
IRS990/PYTotalRevenueAmt03287955
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/ReconcilationRevenueExpnssAmt0555911
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03128590
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020868
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057149
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/EquipmentGrp/BookValueAmt0127063
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0232013
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0359076
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt085309
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0202364
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0287673
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01792
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02191
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03983
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0214164
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
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt017500
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt117415
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0DOMINICAN REPUBLIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1DOMINICAN REPUBLIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0BENEVOLENCE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1MISSION TRIP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalSpentAmt034915
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0DOMINICAN REPUBLIC 17,500 0 DOMINICAN REPUBLIC 17,415 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalSpentAmt034915
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt0125
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0125
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt012500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027242
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0645
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0645
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0JUBILEE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FATHER-DAUGHTER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt013199
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0527
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt013726
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0123575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0132145
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0111075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0119645
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt092403
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt012746
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011358
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01388
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0TUITION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt025000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0RICK GOOLSBY
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN/DIRECTOR
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0DISCOUNT
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOGOS PREPARATORY ACADEMY IS A UNIVERSITY MODEL SCHOOL THAT SERVES STUDENTS IN GRADES K-12. DURING THE 2016-2017 SCHOOL YEAR, LOGOS PREPARATORY ACADEMY SERVED 502 STUDENTS. 1 STUDENT OUT OF 39 APPLICANTS WERE RECOGNIZED BY THE NATIONAL MERIT SCHOLARSHIP CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SERVE EDUCATIONAL NEEDS OF COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ATHLETICS 118,296 0 0 STUDENT ACTIVITIES 117,669 0 0 ACADEMIC SUPPLIES 71,282 0 0 TOTAL 307,247 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0748144
IRS990/TotalAssetsEOYAmt01351500
IRS990/TotalAssetsGrp/BOYAmt0748144
IRS990/TotalAssetsGrp/EOYAmt01351500
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt071263
IRS990/TotalEmployeeCnt0114

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.40$0.27$8.13$5.49$4.09$1.40
2024Summary only. Only limited summary data is available for this year.$6.88$0.15$6.74$5.87$3.68$2.19
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.16$4.54$4.30$3.48$0.82
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.60$3.86$3.73$3.94$3.14$0.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$3.17$2.94$3.47$3.04$0.42
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.79$3.28$2.51$3.18$2.75$0.42
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$2.84$2.10$3.29$2.81$0.48
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$2.80$1.63$3.46$2.90$0.56
2017Detailed filing. Detailed filing data is available for this year.$1.35$0.30$1.05$3.30$2.75$0.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.26$0.49$3.29$3.70$0.42
2015Summary only. Only limited summary data is available for this year.$1.08$0.20$0.88$3.23$3.18$0.05
2014Summary only. Only limited summary data is available for this year.$1.08$0.25$0.83$2.81$2.44$0.37
2013Summary only. Only limited summary data is available for this year.$0.65$0.19$0.46$1.97$1.79$0.18
2012Summary only. Only limited summary data is available for this year.$0.43$0.15$0.28$1.76$1.61$0.15