Civic Intelligence

Promise Academy Inc

990 • Fiscal year 2018 • EIN 20-1608155

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 10, 2019

Organization ProfilePROMISEACADEMY.COM
1346 Bryan StMemphis, TN 38108

(901) 324-4456

Siviq Scores

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

Liabilities / Assets

71st percentile

0.30x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.13x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

48th percentile

2.5%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$125,188

Higher top officer pay than 78% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

88th percentile

34%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

38th percentile

-0.5%

Faster revenue growth than 38% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$2,024,890

Up $510,183 (+34%) from 2017

Net Assets

Up

$1,425,943

Up $642,345 (+82%) from 2017

Liabilities

Down

$598,947

Down $132,162 (-18%) from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin48th percentile

Revenue

Down

$4,648,895

Down $21,702 (-0.5%) from 2017

Expenses

Up

$4,534,681

Up $108,225 (+2.4%) from 2017

Net Income

Down

$114,214

Down $129,927 (-53%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $518,262Liabilities 2010: $309,191Net Assets 2010: $209,0712010Assets 2011: $656,720Liabilities 2011: $400,386Net Assets 2011: $256,3342011Assets 2012: $689,227Liabilities 2012: $259,593Net Assets 2012: $429,6342012Assets 2013: $934,351Liabilities 2013: $177,543Net Assets 2013: $756,8082013Assets 2014: $1,042,756Liabilities 2014: $326,344Net Assets 2014: $716,4122014Assets 2015: $1,468,095Liabilities 2015: $1,106,437Net Assets 2015: $361,6582015Assets 2016: $2,302,246Liabilities 2016: $1,762,789Net Assets 2016: $539,4572016Assets 2017: $1,514,707Liabilities 2017: $731,109Net Assets 2017: $783,5982017Assets 2018: $2,024,890Liabilities 2018: $598,947Net Assets 2018: $1,425,9432018Assets 2019: $2,317,903Liabilities 2019: $605,044Net Assets 2019: $1,712,8592019Assets 2020: $3,073,738Liabilities 2020: $1,357,432Net Assets 2020: $1,716,3062020Assets 2021: $3,483,000Liabilities 2021: $479,116Net Assets 2021: $3,003,8842021Assets 2022: $7,397,276Liabilities 2022: $3,657,125Net Assets 2022: $3,740,1512022Assets 2023: $4,499,082Liabilities 2023: $1,120,556Net Assets 2023: $3,378,5262023Assets 2024: $4,194,373Liabilities 2024: $1,093,959Net Assets 2024: $3,100,4142024Assets 2025: $3,749,890Liabilities 2025: $876,637Net Assets 2025: $2,873,2532025

Highlighted filing

2018

Assets$2,024,890
Liabilities$598,947
Net Assets$1,425,943
Open 2018 Filing

Operations Trend

Revenue Growth38th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,314,5672010Revenue 2011: $3,726,180Expenses 2011: $3,678,917Net Income 2011: $47,2632011Expenses 2012: $3,895,8962012Expenses 2013: $4,095,7382013Revenue 2014: $4,567,777Expenses 2014: $4,608,173Net Income 2014: -$40,3962014Revenue 2015: $4,802,415Expenses 2015: $4,473,490Net Income 2015: $328,9252015Revenue 2016: $4,590,209Expenses 2016: $4,412,410Net Income 2016: $177,7992016Revenue 2017: $4,670,597Expenses 2017: $4,426,456Net Income 2017: $244,1412017Revenue 2018: $4,648,895Expenses 2018: $4,534,681Net Income 2018: $114,2142018Revenue 2019: $5,177,346Expenses 2019: $4,890,430Net Income 2019: $286,9162019Revenue 2020: $4,883,444Expenses 2020: $4,879,997Net Income 2020: $3,4472020Revenue 2021: $5,120,394Expenses 2021: $4,485,883Net Income 2021: $634,5112021Revenue 2022: $6,428,391Expenses 2022: $5,692,124Net Income 2022: $736,2672022Revenue 2023: $5,346,212Expenses 2023: $5,741,547Net Income 2023: -$395,3352023Revenue 2024: $5,290,516Expenses 2024: $5,568,628Net Income 2024: -$278,1122024Revenue 2025: $5,159,361Expenses 2025: $5,386,522Net Income 2025: -$227,1612025

Highlighted filing

2018

Revenue$4,648,895
Expenses$4,534,681
Net Income$114,214
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 10, 2019
Return Version
2017v2.3
Gross Receipts
$4,655,009
Mission and Program Overview

Mission

Our central and only work is to teach and inspire the mind, body and spirit of our children so that they can succeed in any academic or cultural setting. Promise academy is committed to preparing children to excel in the nation's most regorous schools.

Our central and only work is to teach and inspire the mind, body and spirit of our children so that they can succeed in any academic or cultural setting. Promise academy is committed to preparing children to excel in the nation's most rigorous schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$906,806$615,669▼ $291,137
Land, Buildings, and Equipment, Net$182,654$176,294▼ $6,360
Receivable From Disqualified Prsn$10,739$130,666▲ $119,927
Pledges and Grants Receivable-$125,358-
Prepaid Expenses and Deferred Charges$33,723$46,901▲ $13,178
Accounts Receivable$29,792$32,748▲ $2,956
Total Assets$1,514,707$2,024,890▲ $510,183
Other Assets Total$350,993$897,254▲ $546,261
Liabilities
Other Liabilities$553,625$397,618▼ $156,007
Accounts Payable and Accrued Expenses$177,484$201,329▲ $23,845
Total Liabilities$731,109$598,947▼ $132,162
Net Assets / Fund Balance
Unrestricted Net Assets$182,654$1,009,866▲ $827,212
Temporarily Rstr Net Assets$600,944$416,077▼ $184,867
Total Net Assets Fund Balance$783,598$1,425,943▲ $642,345
Total Liabilities and Net Assets / Fund Balance$1,514,707$2,024,890▲ $510,183

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$156,428$478,327$634,755
Leasehold Improvements$19,866$3,287$23,153
Other Assets Org$897,254--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth BaileyDirector of Finance & OperationsPT$113,623$11,565$125,188
Kiasi MalonePrincipal-pa HollywoodFT$120,239$65$120,304
Patrick WashingtonHighest Compensated EmployeeFT-$102,797$102,797
Thomas a BeazleyExecutive DirectorPT$93,408$4,180$97,588

Board Members and Trustees

NameTitle
Charles C GerberPresident & Chairman
Carol RussellDirector
Diana BurtonDirector
Dr Russell WiggingtonDirector
Emily R WoodsideDirector
Father Colenzo HubbardDirector
J Lewis WardlawDirector
Johnny MooreDirector
Mary GarrisonDirector
Patricia Emory-walkerDirector
Teresa JenkinsDirector
Mary CornpropstAssistant Treasurer
Grady GarrisonSecretary
R Andrew TaylorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$986,163
Program Service Revenue
$3,326,054
Investment Income
$0
Other Revenue
$336,678
All Other Contributions
$770,156
Change in Net Assets
$114,214

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,648,895
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,114
Total Revenue per Audited Statements
$4,655,009
Total Revenue per Form 990
$4,648,895
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,892,259
Other Expenses$1,642,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$2,114,704$166,152-$2,280,856
Occupancy$377,922$66,692-$444,614
Fees for Services Other$336,613--$336,613
Current Officers, Directors, Trustees, and Key Employees-$222,776-$222,776
Payroll Taxes$138,431$46,144-$184,575
All Other Expenses$152,091$29,518-$181,609
Other Employee Benefits$163,169$13,050-$176,219
Other Expenses$77,574$20,662-$77,574
Depreciation Depletion$73,650--$73,650
Pension Plan Contributions$22,266$5,567-$27,833
Advertising$27,778--$27,778
Insurance$20,578$3,631-$24,209
Fees for Services Accounting-$19,450-$19,450
Office Expenses-$12,378-$12,378
Travel$2,950$983-$3,933
Total Functional Expenses$3,927,678$607,003$0$4,534,681

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,540,795
Expenses per Audited Statements$4,534,681
Total Expenses per Form 990$4,534,681
Expenses Not Reported on Form 990$6,114
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,377
Fundraising Direct Expenses$6,114
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$10,739$130,666▲ $119,927
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$397,618
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 A, Line 2

“Charles gerber & andy taylor are business partners; they employ mary cornpropst as their chief financial officer. Mary garrison is grady garrison's spouse. Tom beazley, executive director has a daughter that teaches at promise, kristen mcglasson.”

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

“The finance committee presents the form 990 to the board of directors for review at a monthly meeting.”

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

“Grady garrison, the board attorney, monitors this at monthly meetings.”

Form 990, Part VI, Section B, Line 15

“Compensation is based on comparable salaries in the area.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Promise Academy Inc
EIN
20-1608155
Phone
9013244456
Address
1346 BRYAN ST, MEMPHIS, TN 38108

Signing Officer

Name
Mary Cornpropst
Title
Assistant Treasurer
Phone
9013244456
Signed
2019-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles C Gerber
Formed
2004
Legal Domicile
Tn
Voting Board Members
14
Independent Board Members
14
Employees
77
Volunteers
20

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Jeff Thomason
Phone
9017612720
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Prior period adjustment for correction of pension error 528,131.”

FORM 990, PART XII, LINE 2C:

“There was no change from the prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense netted against revenue on form 990 6,114.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense netted against revenue on form 990 6,114.”

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IRS990/Form990PartVIISectionAGrp/PersonNm3MARY CORNPROPST
IRS990/Form990PartVIISectionAGrp/PersonNm4DIANA BURTON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY GARRISON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1493408
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15113623
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16120239
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17102797
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF FINANCE & OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRINCIPAL-PA HOLLYWOOD
IRS990/Form990PartVIISectionAGrp/TitleTxt17HIGHEST COMPENSATED EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt06114
IRS990/FundraisingGrossIncomeAmt09377
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0216007
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04655009
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03631
IRS990/InsuranceGrp/ProgramServicesAmt020578
IRS990/InsuranceGrp/TotalAmt024209
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0481614
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0182654
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0176294
IRS990/LandBldgEquipCostOrOtherBssAmt0657908
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR CENTRAL WORK IS TO TEACH AND INSPIRE THE MIND, BODY AND SPIRIT OF OUR CHILDREN SO THAT THEY CAN RISE ABOVE THE REST AND SUCCEED IN ANY ACADEMIC AND CULTURAL SETTING. PROMISE ACADEMY IS COMMITTED TO PREPARING CHILDREN TO EXCEL IN THE NATION'S MOST RIGOROUS SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0783598
IRS990/NetAssetsOrFundBalancesEOYAmt01425943
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03263
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03263
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt066692
IRS990/OccupancyGrp/ProgramServicesAmt0377922
IRS990/OccupancyGrp/TotalAmt0444614
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012378
IRS990/OfficeExpensesGrp/TotalAmt012378
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0350993
IRS990/OtherAssetsTotalGrp/EOYAmt0897254
IRS990/OtherChangesInNetAssetsAmt0528131
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013050
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0163169
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0176219
IRS990/OtherExpensesGrp/Desc0TEXTBOOKS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION
IRS990/OtherExpensesGrp/Desc3STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020662
IRS990/OtherExpensesGrp/ProgramServicesAmt0203115
IRS990/OtherExpensesGrp/ProgramServicesAmt1117087
IRS990/OtherExpensesGrp/ProgramServicesAmt299750
IRS990/OtherExpensesGrp/ProgramServicesAmt377574
IRS990/OtherExpensesGrp/TotalAmt0203115
IRS990/OtherExpensesGrp/TotalAmt1137749
IRS990/OtherExpensesGrp/TotalAmt299750
IRS990/OtherExpensesGrp/TotalAmt377574
IRS990/OtherLiabilitiesGrp/BOYAmt0553625
IRS990/OtherLiabilitiesGrp/EOYAmt0397618
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SHARED SERVICE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0297403
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt136012
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0297403
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt136012
IRS990/OtherRevenueTotalAmt0333415
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt046144
IRS990/PayrollTaxesGrp/ProgramServicesAmt0138431
IRS990/PayrollTaxesGrp/TotalAmt0184575
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05567
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022266
IRS990/PensionPlanContributionsGrp/TotalAmt027833
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0125358
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt033723
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046901
IRS990/PrincipalOfficerNm0CHARLES C GERBER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL ALLOCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03326054
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03326054
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0915187
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01697296
IRS990/PYOtherRevenueAmt0269096
IRS990/PYProgramServiceRevenueAmt03486314
IRS990/PYRevenuesLessExpensesAmt0244141
IRS990/PYSalariesCompEmpBnftPaidAmt02729160
IRS990/PYTotalExpensesAmt04426456
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04670597
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt010739
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt0130666
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0114214
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03659469
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0156428
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0478327
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0634755
IRS990ScheduleD/ExpensesNotReportedAmt06114
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04534681
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019866
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03287
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023153
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0897254
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET PENSION ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt06114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0397618
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherRevenueAmt06114
IRS990ScheduleD/RevenueNotReportedAmt06114
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04648895
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSE NETTED AGAINST REVENUE ON FORM 990 6,114.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSE NETTED AGAINST REVENUE ON FORM 990 6,114.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0176294
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0897254
IRS990ScheduleD/TotalExpensesPerForm990Amt04534681
IRS990ScheduleD/TotalLiabilityAmt0397618
IRS990ScheduleD/TotalRevenuePerForm990Amt04648895
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04655009
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04540795
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,024,890
Liabilities
$598,947
Net assets
$1,425,943
Revenue
$4,648,895
Expenses
$4,534,681
Net income
$114,214
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.75$0.88$2.87$5.16$5.39$0.23
2024Detailed filing. Detailed filing data is available for this year.$4.19$1.09$3.10$5.29$5.57$0.28
2023Detailed filing. Detailed filing data is available for this year.$4.50$1.12$3.38$5.35$5.74$0.40
2022Detailed filing. Detailed filing data is available for this year.$7.40$3.66$3.74$6.43$5.69$0.74
2021Detailed filing. Detailed filing data is available for this year.$3.48$0.48$3.00$5.12$4.49$0.63
2020Detailed filing. Detailed filing data is available for this year.$3.07$1.36$1.72$4.88$4.88$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.32$0.61$1.71$5.18$4.89$0.29
2018Detailed filing. Detailed filing data is available for this year.$2.02$0.60$1.43$4.65$4.53$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.73$0.78$4.67$4.43$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.30$1.76$0.54$4.59$4.41$0.18
2015Detailed filing. Detailed filing data is available for this year.$1.47$1.11$0.36$4.80$4.47$0.33
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.33$0.72$4.57$4.61$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.18$0.76$4.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.26$0.43$3.90
2011Summary only. Only limited summary data is available for this year.$0.66$0.40$0.26$3.73$3.68$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.31$0.21$3.31