Civic Intelligence

Promise Academy Inc

990 • Fiscal year 2019 • EIN 20-1608155

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 20, 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

61st percentile

0.26x

Higher debt load relative to assets than 61% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

42nd percentile

0.12x

Higher debt load relative to revenue than 42% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

58th percentile

5.5%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

51st percentile

$123,805

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$2,317,903

Up $293,013 (+14%) from 2018

Net Assets

Up

$1,712,859

Up $286,916 (+20%) from 2018

Liabilities

Up

$605,044

Up $6,097 (+1.0%) from 2018

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin58th percentile

Revenue

Up

$5,177,346

Up $528,451 (+11%) from 2018

Expenses

Up

$4,890,430

Up $355,749 (+7.8%) from 2018

Net Income

Up

$286,916

Up $172,702 (+151%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th 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

2019

Assets$2,317,903
Liabilities$605,044
Net Assets$1,712,859
Open 2019 Filing

Operations Trend

Revenue Growth67th 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

2019

Revenue$5,177,346
Expenses$4,890,430
Net Income$286,916
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 20, 2019
Return Version
2018v3.1
Gross Receipts
$5,186,441
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$615,669$984,271▲ $368,602
Land, Buildings, and Equipment, Net$176,294$276,294▲ $100,000
Pledges and Grants Receivable$125,358$0▼ $125,358
Accounts Receivable$32,748$50,341▲ $17,593
Prepaid Expenses and Deferred Charges$46,901$36,293▼ $10,608
Receivable From Disqualified Prsn$130,666$1,439▼ $129,227
Total Assets$2,024,890$2,317,903▲ $293,013
Other Assets Total$897,254$969,265▲ $72,011
Liabilities
Other Liabilities$397,618$303,068▼ $94,550
Accounts Payable and Accrued Expenses$201,329$301,976▲ $100,647
Total Liabilities$598,947$605,044▲ $6,097
Net Assets / Fund Balance
Unrestricted Net Assets$1,009,866$1,296,655▲ $286,789
Temporarily Rstr Net Assets$416,077$416,204▲ $127
Total Net Assets Fund Balance$1,425,943$1,712,859▲ $286,916
Total Liabilities and Net Assets / Fund Balance$2,024,890$2,317,903▲ $293,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$135,175$557,008$692,183
Leasehold Improvements$141,119$8,893$150,012
Other Assets Org$18,422--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kiasi MalonePrincipal-pa HollywoodFT$123,740$65$123,805
Thomas a BeazleyExecutive DirectorPT$113,504$7,880$121,384
Patrick WashingtonHighest Compensated EmployFT-$114,585$114,585
Beth BaileyDirector of Finance & OperPT$96,718$11,892$108,610

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
$1,400,135
Program Service Revenue
$3,366,262
Investment Income
$930
Other Revenue
$410,019
All Other Contributions
$1,092,743
Change in Net Assets
$286,916

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,177,346
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,095
Total Revenue per Audited Statements
$5,186,441
Total Revenue per Form 990
$5,177,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,173,333
Other Expenses$1,717,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$2,273,991$171,298-$2,445,289
Fees for Services Other$422,317--$422,317
Occupancy$303,516$53,561-$357,077
Other Employee Benefits$205,413$36,249-$241,662
All Other Expenses$193,826$44,682-$238,508
Current Officers, Directors, Trustees, and Key Employees-$229,994-$229,994
Payroll Taxes$147,123$49,041-$196,164
Other Expenses$103,221$24,616-$103,221
Depreciation Depletion$84,287--$84,287
Pension Plan Contributions$48,179$12,045-$60,224
Insurance$19,258$3,399-$22,657
Office Expenses-$16,613-$16,613
Fees for Services Accounting-$16,500-$16,500
Advertising$13,516--$13,516
Travel$2,825$942-$3,767
Interest-$710-$710
Total Functional Expenses$4,230,780$659,650$0$4,890,430

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,899,525
Expenses per Audited Statements$4,890,430
Total Expenses per Form 990$4,890,430
Expenses Not Reported on Form 990$9,095
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$10,994
Fundraising Direct Expenses$9,095
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$130,666$1,439▼ $129,227
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$303,068
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
2019-12-20
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
62
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 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 9,095.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense netted against revenue on form 990 9,095.”

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IRS990/Form990PartVIISectionAGrp/PersonNm2GRADY GARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm3MARY CORNPROPST
IRS990/Form990PartVIISectionAGrp/PersonNm4DIANA BURTON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14113504
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1596718
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16123740
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
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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/ReportableCompFromRltdOrgAmt17114585
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 & OPER
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRINCIPAL-PA HOLLYWOOD
IRS990/Form990PartVIISectionAGrp/TitleTxt17HIGHEST COMPENSATED EMPLOY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt09095
IRS990/FundraisingGrossIncomeAmt010994
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0307392
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05186441
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03399
IRS990/InsuranceGrp/ProgramServicesAmt019258
IRS990/InsuranceGrp/TotalAmt022657
IRS990/InterestGrp/ManagementAndGeneralAmt0710
IRS990/InterestGrp/TotalAmt0710
IRS990/InvestmentIncomeGrp/ExclusionAmt0930
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0930
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0565901
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0176294
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0276294
IRS990/LandBldgEquipCostOrOtherBssAmt0842195
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/NetAssetsOrFundBalancesBOYAmt01425943
IRS990/NetAssetsOrFundBalancesEOYAmt01712859
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01899
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01899
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt053561
IRS990/OccupancyGrp/ProgramServicesAmt0303516
IRS990/OccupancyGrp/TotalAmt0357077
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016613
IRS990/OfficeExpensesGrp/TotalAmt016613
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0897254
IRS990/OtherAssetsTotalGrp/EOYAmt0969265
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036249
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0205413
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0241662
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3TRANSPORTATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024616
IRS990/OtherExpensesGrp/ProgramServicesAmt0139490
IRS990/OtherExpensesGrp/ProgramServicesAmt1154537
IRS990/OtherExpensesGrp/ProgramServicesAmt2119281
IRS990/OtherExpensesGrp/ProgramServicesAmt3103221
IRS990/OtherExpensesGrp/TotalAmt0164106
IRS990/OtherExpensesGrp/TotalAmt1154537
IRS990/OtherExpensesGrp/TotalAmt2119281
IRS990/OtherExpensesGrp/TotalAmt3103221
IRS990/OtherLiabilitiesGrp/BOYAmt0397618
IRS990/OtherLiabilitiesGrp/EOYAmt0303068
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SHARED SERVICE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0342528
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt165592
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0342528
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt165592
IRS990/OtherRevenueTotalAmt0408120
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049041
IRS990/PayrollTaxesGrp/ProgramServicesAmt0147123
IRS990/PayrollTaxesGrp/TotalAmt0196164
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012045
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt048179
IRS990/PensionPlanContributionsGrp/TotalAmt060224
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0125358
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046901
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036293
IRS990/PrincipalOfficerNm0CHARLES C GERBER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL ALLOCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03366262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03366262
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0986163
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01642422
IRS990/PYOtherRevenueAmt0336678
IRS990/PYProgramServiceRevenueAmt03326054
IRS990/PYRevenuesLessExpensesAmt0114214
IRS990/PYSalariesCompEmpBnftPaidAmt02892259
IRS990/PYTotalExpensesAmt04534681
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04648895
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt0130666
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt01439
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0286916
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03774382
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0135175
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0557008
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0692183
IRS990ScheduleD/ExpensesNotReportedAmt09095
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04890430
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0141119
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08893
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0150012
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0950843
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt118422
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1STABLIZATION RESERVE TRUST
IRS990ScheduleD/OtherExpensesIncludedAmt09095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0303068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherRevenueAmt09095
IRS990ScheduleD/RevenueNotReportedAmt09095
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05177346

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,317,903
Liabilities
$605,044
Net assets
$1,712,859
Revenue
$5,177,346
Expenses
$4,890,430
Net income
$286,916
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