Civic Intelligence

Kipp Minnesota

990 • Fiscal year 2016 • EIN 20-8877750

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 03, 2017

Organization ProfileWWW.KIPPMINNESOTA.ORG
5034 Oliver Avenue NorthMinneapolis, MN 55430

(612) 287-9700

Siviq Scores

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

Liabilities / Assets

96th percentile

1.25x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.52x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

64th percentile

6.8%

Higher net margin than 64% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

60th percentile

$143,458

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

95th percentile

65%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

80th percentile

21%

Faster revenue growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$2,419,450

Up $956,814 (+65%) from 2015

Net Assets

Up

-$603,394

Up $238,486 (+28%) from 2015

Liabilities

Up

$3,022,844

Up $718,328 (+31%) from 2015

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin64th percentile

Revenue

Up

$5,794,371

Up $1,015,725 (+21%) from 2015

Expenses

Up

$5,399,905

Up $576,820 (+12%) from 2015

Net Income

Up

$394,466

Up $438,905 (+988%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $643,225Liabilities 2011: $295,278Net Assets 2011: $347,9472011Assets 2012: $830,201Liabilities 2012: $831,398Net Assets 2012: -$1,1972012Assets 2013: $532,799Liabilities 2013: $445,259Net Assets 2013: $87,5402013Assets 2014: $1,002,433Liabilities 2014: $247,490Net Assets 2014: $754,9432014Assets 2015: $1,462,636Liabilities 2015: $2,304,516Net Assets 2015: -$841,8802015Assets 2016: $2,419,450Liabilities 2016: $3,022,844Net Assets 2016: -$603,3942016Assets 2017: $1,397,403Liabilities 2017: $2,997,606Net Assets 2017: -$1,600,2032017Assets 2018: $6,271,604Liabilities 2018: $8,714,447Net Assets 2018: -$2,442,8432018Assets 2019: $7,873,847Liabilities 2019: $9,605,885Net Assets 2019: -$1,732,0382019Assets 2020: $7,672,499Liabilities 2020: $10,386,504Net Assets 2020: -$2,714,0052020Assets 2021: $9,470,276Liabilities 2021: $11,208,002Net Assets 2021: -$1,737,7262021Assets 2022: $10,327,561Liabilities 2022: $13,222,955Net Assets 2022: -$2,895,3942022Assets 2023: $8,473,637Liabilities 2023: $10,935,273Net Assets 2023: -$2,461,6362023Assets 2024: $7,229,364Liabilities 2024: $7,240,499Net Assets 2024: -$11,1352024

Highlighted filing

2016

Assets$2,419,450
Liabilities$3,022,844
Net Assets-$603,394
Open 2016 Filing

Operations Trend

Revenue Growth80th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $2,554,5902011Expenses 2012: $2,994,7422012Revenue 2013: $3,179,730Expenses 2013: $3,090,993Net Income 2013: $88,7372013Revenue 2014: $3,937,293Expenses 2014: $3,269,890Net Income 2014: $667,4032014Revenue 2015: $4,778,646Expenses 2015: $4,823,085Net Income 2015: -$44,4392015Revenue 2016: $5,794,371Expenses 2016: $5,399,905Net Income 2016: $394,4662016Revenue 2017: $5,619,822Expenses 2017: $6,616,631Net Income 2017: -$996,8092017Revenue 2018: $7,248,282Expenses 2018: $8,090,922Net Income 2018: -$842,6402018Revenue 2019: $8,731,377Expenses 2019: $8,777,254Net Income 2019: -$45,8772019Revenue 2020: $10,956,588Expenses 2020: $11,295,447Net Income 2020: -$338,8592020Revenue 2021: $14,681,951Expenses 2021: $12,914,723Net Income 2021: $1,767,2282021Revenue 2022: $14,321,028Expenses 2022: $13,914,055Net Income 2022: $406,9732022Revenue 2023: $12,094,436Expenses 2023: $11,419,240Net Income 2023: $675,1962023Revenue 2024: $11,751,169Expenses 2024: $9,300,668Net Income 2024: $2,450,5012024

Highlighted filing

2016

Revenue$5,794,371
Expenses$5,399,905
Net Income$394,466
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 3, 2017
Return Version
2015v3.0
Gross Receipts
$5,794,371
Mission and Program Overview

Mission

Establish and operate high performing public schools in the twin cities that confront educational inequity by delivering academic excellence and cultivating leadership skills to ensure all students succeed in college and life.

To build and support a family of free, open-enrollment, college prep schools in minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$530,147$843,749▲ $313,602
Pledges and Grants Receivable$389,994$459,611▲ $69,617
Prepaid Expenses and Deferred Charges$114,141$117,857▲ $3,716
Land, Buildings, and Equipment, Net$110,467$90,461▼ $20,006
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$110,467$-59,539▼ $170,006
Cap Stk Tr Prin Current Funds$-952,347$-543,855▲ $408,492
Total Assets$1,462,636$2,419,450▲ $956,814
Other Assets Total$317,887$907,772▲ $589,885
Liabilities
Other Liabilities$1,870,271$2,616,136▲ $745,865
Accounts Payable and Accrued Expenses$254,245$201,708▼ $52,537
Unsecured Notes Loans Payable$0$150,000▲ $150,000
Deferred Revenue$180,000$55,000▼ $125,000
Total Liabilities$2,304,516$3,022,844▲ $718,328
Net Assets / Fund Balance
Total Net Assets Fund Balance$-841,880$-603,394▲ $238,486
Total Liabilities and Net Assets / Fund Balance$1,462,636$2,419,450▲ $956,814

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$90,461$206,717$297,178
Other Assets Org$907,772--
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alvin AbrahamSchool DirectorFT$129,254$14,204$143,458
Brian ShepherdTeacher Rep (thru 6/16)FT$40,015$7,804$47,819

Board Members and Trustees

NameTitle
Randolph Cameron WintonBoard Chair
Michael KurhajetzVice Chair
Dana Curran MortensonVice Chair (thru 11/14)
Anna OuttaraBoard Member
Brenda Radichel QuayeBoard Member
Caroline CorreiaBoard Member
Latasha GandyBoard Member
Lisa DunlapBoard Member
Renee UzongBoard Member
Sean WalkerBoard Member
Tristofah IvoryBoard Member
Benjamin ShaneSecretary
Steve PieperTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Metro Transportation Network INCTransportation8260 HICKORY STREET NE, Fridley, MN 55432$374,036
Done Right Food Service INCFood ServicesPO BOX 21153, Columbia Heights, MN 55421$205,489
Revenue and Support

Revenue Composition

Contributions and Grants
$5,794,164
Program Service Revenue
$205
Investment Income
$2
Other Revenue
$0
All Other Contributions
$1,724,571
Change in Net Assets
$394,466

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,794,371
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,794,371
Total Revenue per Form 990
$5,794,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,862,419
Salaries, Compensation, and Employee Benefits$2,537,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,390,613$486,887-$1,877,500
Occupancy$516,375$30,001-$546,376
Travel$449,151$4,630-$453,781
Office Expenses$307,823$77,280-$385,103
Current Officers, Directors, Trustees, and Key Employees$57,565$150,247-$207,812
Fees for Services Other$101,700$80,409-$182,109
Payroll Taxes$106,601$68,582-$175,183
Pension Plan Contributions$104,392$44,527-$148,919
Other Employee Benefits$96,020$29,442-$125,462
All Other Expenses$5,607$58,003-$63,610
Fees for Services Accounting-$61,272-$61,272
Depreciation Depletion$6,480$22,990-$29,470
Other Expenses$21,987$1,126-$21,987
Insurance$12,394--$12,394
Comp Disqual Persons$2,610--$2,610
Conferences and Meetings$364$2,017-$2,381
Total Functional Expenses$4,282,492$1,117,413$0$5,399,905

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,399,905
Total Expenses per Audited Statements$5,379,899
Expenses per Audited Statements$5,370,435
Expenses Not Reported on Financial Statements$29,470
Other Expense Adjustments$29,470
Expenses Not Reported on Form 990$9,464
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$2,395,108
Pension Deferred Inflows$221,028
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Part VI, Section A, Line 6

“The school's membership consists of parents/legal guardians of enrolled students and employees of the school.”

Form 990, Part VI, Section A, Line 7A

“The school's board of directors is elected by the school's members.”

Form 990, Part VI, Section A, Line 8B

“The school does not have any committees that have authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11

“The school's executive committee reviews the form 990 in detail after the return is completed by an independent accounting firm. All members of the board will receive a copy of the return prior to filing with the irs.”

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

“Each director, officer, and committee member with governing board delegated authority is required to sign an annual statement affirming they have received, reviewed, and agreed to comply with the conflict of interest policy. The policy includes a duty to disclose clause. This clause requires that any covered individual must disclose all material facts to directors and members of committee if the existence of a conflict or potential conflict is determined. After disclosure of all facts, the conflicted individual will leave the room while the transaction is discussed and voted on. The minutes of all board and committees shall reflect the proceedings related to conflicts.”

Form 990, Part VI, Section B, Line 15A

“The executive committee performed market rate analysis to determine compensation for the executive director and all other school employees as part of the annual budgeting process. Any changes to compensation are reviewed and approved by the board of directors. This review is documented within the board minutes. This process was last conducted in 2016 for the principal, alvin abraham, for the 2016-2017 school year.”

Form 990, Part VI, Section C, Line 19

“The school's governing documents, conflict of interest policy, and financial statements are maintained in the office and are made available at all board meetings, which are open to the public. All meeting minutes and any of the documents above are made available to public upon request.”

Filing and Contact Details

Filer

Filer Name
Kipp Minnesota
EIN
20-8877750
Phone
6122879700
Address
5034 OLIVER AVENUE NORTH, MINNEAPOLIS, MN 55430

Signing Officer

Name
Steve Pieper
Title
Board Treasurer
Phone
6122879700
Signed
2017-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alvin Abraham
Formed
2007
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
63
Volunteers
15

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 SOUTH SIXTH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Dennis Hoogeveen
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Net change in pension liability -155,980.”

FORM 990, PART XII, LINE 1: EXPLANATION OF METHOD OF ACCOUNTING

“The school follows a modified accrual method of accounting as prescribed by the minnesota department of education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Capitalized expenditures 9,464.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Depreciation expense 29,470.”

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

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IRS990/Desc0KIPP MINNESOTA IS DEDICATED TO BUILDING A SYSTEM OF KIPP SCHOOLS IN THE TWIN CITIES METRO AREA OVER THE NEXT 20 YEARS BASED ON THE BELIEF THAT ALL STUDENTS CAN LEARN AND WITH THE EXPECTATION THAT ALL STUDENTS CAN AND SHOULD GO TO COLLEGE. IMPLICIT IN OUR MISSION IS THE BELIEF THAT EVERY CHILD HAS THE RIGHT TO FREE HIGH QUALITY EDUCATION REGARDLESS OF RACE, CLASS OR ECONOMIC STATUS. WE PREPARE OUR STUDENTS FOR SUCCESS IN COLLEGE AND IN LIFE BY EMPOWERING OUR STUDENTS WITH AN EXCELLENT AND RIGOROUS EDUCATION, CHARACTER SKILL BUILDING AND HIGH EXPECTATIONS. THROUGH OUR WORK WITH OUR STUDENTS, WE BEGIN THE CRITICAL TASK OF NOT JUST CLOSING BUT ELIMINATING THE ABHORRENT ACHIEVEMENT GAP IN MINNESOTA. AVERAGE DAILY ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2016 WAS 201 STUDENTS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1140015
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14129254
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/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR (THRU 11/14)
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TEACHER REP (THRU 6/16)
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SCHOOL DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt04069593
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05794371
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt012394
IRS990/InsuranceGrp/TotalAmt012394
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0206717
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0110467
IRS990/LandBldgEquipBasisNetGrp/EOYAmt090461
IRS990/LandBldgEquipCostOrOtherBssAmt0297178
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BUILD AND SUPPORT A FAMILY OF FREE, OPEN-ENROLLMENT, COLLEGE PREP SCHOOLS IN MINNESOTA THAT PREPARE EDUCATIONALLY UNDERSERVED STUDENTS TO FIND SUCCESS IN COLLEGE AND LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-841880
IRS990/NetAssetsOrFundBalancesEOYAmt0-603394
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt030001
IRS990/OccupancyGrp/ProgramServicesAmt0516375
IRS990/OccupancyGrp/TotalAmt0546376
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt077280
IRS990/OfficeExpensesGrp/ProgramServicesAmt0307823
IRS990/OfficeExpensesGrp/TotalAmt0385103
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0317887
IRS990/OtherAssetsTotalGrp/EOYAmt0907772
IRS990/OtherChangesInNetAssetsAmt0-155980
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029442
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt096020
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125462
IRS990/OtherExpensesGrp/Desc0LEASE BUYOUT EXPENSE
IRS990/OtherExpensesGrp/Desc1SPECIAL EDUCATION EXPEN
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CAPITAL EXPENDITURES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01126
IRS990/OtherExpensesGrp/ProgramServicesAmt01000000
IRS990/OtherExpensesGrp/ProgramServicesAmt158230
IRS990/OtherExpensesGrp/ProgramServicesAmt244580
IRS990/OtherExpensesGrp/ProgramServicesAmt321987
IRS990/OtherExpensesGrp/TotalAmt01000000
IRS990/OtherExpensesGrp/TotalAmt158230
IRS990/OtherExpensesGrp/TotalAmt245706
IRS990/OtherExpensesGrp/TotalAmt321987
IRS990/OtherLiabilitiesGrp/BOYAmt01870271
IRS990/OtherLiabilitiesGrp/EOYAmt02616136
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0486887
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01390613
IRS990/OtherSalariesAndWagesGrp/TotalAmt01877500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt068582
IRS990/PayrollTaxesGrp/ProgramServicesAmt0106601
IRS990/PayrollTaxesGrp/TotalAmt0175183
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0110467
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-59539
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt044527
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0104392
IRS990/PensionPlanContributionsGrp/TotalAmt0148919
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0389994
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0459611
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0114141
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0117857
IRS990/PrincipalOfficerNm0ALVIN ABRAHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0205
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0205
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04777352
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt036
IRS990/PYOtherExpensesAmt02061485
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01258
IRS990/PYRevenuesLessExpensesAmt0-44439
IRS990/PYSalariesCompEmpBnftPaidAmt02761600
IRS990/PYTotalExpensesAmt04823085
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04778646
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0394466
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0205
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
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/BookValueAmt090461
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0206717
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0297178
IRS990ScheduleD/ExpensesNotReportedAmt09464
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt029470
IRS990ScheduleD/ExpensesSubtotalAmt05370435
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0907772
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION DEFERRED OUTFLOWS
IRS990ScheduleD/OtherExpensesIncludedAmt09464
IRS990ScheduleD/OtherExpensesNotIncludedAmt029470
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02395108
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1221028
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PENSION DEFERRED INFLOWS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05794371
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CAPITALIZED EXPENDITURES 9,464.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION EXPENSE 29,470.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt090461
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0907772
IRS990ScheduleD/TotalExpensesPerForm990Amt05399905
IRS990ScheduleD/TotalLiabilityAmt02616136
IRS990ScheduleD/TotalRevenuePerForm990Amt05794371
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05794371
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05379899
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S POLICY AS A FREE, OPEN ENROLLMENT SCHOOL IS PUBLICIZED IN ALL MATERIALS INCLUDING FLYERS THAT ARE DISTRIBUTED DOOR-TO-DOOR, ON THE WEBSITE, AND IN APPLICATION FORMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,419,450
Liabilities
$3,022,844
Net assets
-$603,394
Revenue
$5,794,371
Expenses
$5,399,905
Net income
$394,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.23$7.24$0.01$11.8$9.30$2.45
2023Detailed filing. Detailed filing data is available for this year.$8.47$10.9$2.46$12.1$11.4$0.68
2022Detailed filing. Detailed filing data is available for this year.$10.3$13.2$2.90$14.3$13.9$0.41
2021Detailed filing. Detailed filing data is available for this year.$9.47$11.2$1.74$14.7$12.9$1.77
2020Detailed filing. Detailed filing data is available for this year.$7.67$10.4$2.71$11.0$11.3$0.34
2019Detailed filing. Detailed filing data is available for this year.$7.87$9.61$1.73$8.73$8.78$0.05
2018Detailed filing. Detailed filing data is available for this year.$6.27$8.71$2.44$7.25$8.09$0.84
2017Detailed filing. Detailed filing data is available for this year.$1.40$3.00$1.60$5.62$6.62$1.00
2016Detailed filing. Detailed filing data is available for this year.$2.42$3.02$0.60$5.79$5.40$0.39
2015Detailed filing. Detailed filing data is available for this year.$1.46$2.30$0.84$4.78$4.82$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.00$0.25$0.75$3.94$3.27$0.67
2013Summary only. Only limited summary data is available for this year.$0.53$0.45$0.09$3.18$3.09$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.83$0.00$2.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.30$0.35$2.55