Civic Intelligence

Caravel Academy Inc.

990 • Fiscal year 2014 • EIN 22-2602110

Sep 01, 2013 to Aug 31, 2014 • Filed on Dec 29, 2014

Organization Profilewww.caravel.org/pages/Caravel_Academy

View Organization Page

2801 Del Laws Road19701

(302) 834-8938

Siviq Scores

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

Liabilities / Assets

50th percentile

0.25x

Higher debt load relative to assets than 50% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

57th percentile

0.33x

Higher debt load relative to revenue than 57% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

23rd percentile

$101,352

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

33rd percentile

-0.3%

Faster asset growth than 33% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

49th percentile

3.9%

Faster revenue growth than 49% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets50th percentile

Assets

Down

$13,139,143

Down $38,037 (-0.3%) from 2013

Net Assets

Down

$9,906,411

Down $125,594 (-1.3%) from 2013

Liabilities

Up

$3,232,732

Up $87,557 (+2.8%) from 2013

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin48th percentile

Revenue

Up

$9,868,509

Up $368,910 (+3.9%) from 2013

Expenses

Up

$9,637,089

Up $383,862 (+4.1%) from 2013

Net Income

Down

$231,420

Down $14,952 (-6.1%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$30M$20M$10M$0Assets 2011: $13,625,636Liabilities 2011: $2,607,189Net Assets 2011: $11,018,4472011Assets 2012: $13,326,315Liabilities 2012: $2,862,784Net Assets 2012: $10,463,5312012Assets 2013: $13,177,180Liabilities 2013: $3,145,175Net Assets 2013: $10,032,0052013Assets 2014: $13,139,143Liabilities 2014: $3,232,732Net Assets 2014: $9,906,4112014Assets 2015: $12,698,155Liabilities 2015: $2,718,611Net Assets 2015: $9,979,5442015Assets 2016: $13,213,700Liabilities 2016: $2,779,827Net Assets 2016: $10,433,8732016Assets 2017: $13,739,132Liabilities 2017: $2,841,272Net Assets 2017: $10,897,8602017Assets 2018: $13,371,854Liabilities 2018: $2,892,699Net Assets 2018: $10,479,1552018Assets 2019: $14,575,988Liabilities 2019: $3,596,089Net Assets 2019: $10,979,8992019Assets 2020: $15,275,543Liabilities 2020: $3,474,085Net Assets 2020: $11,801,4582020Assets 2021: $15,134,520Liabilities 2021: $1,899,213Net Assets 2021: $13,235,3072021Assets 2022: $14,425,391Liabilities 2022: $1,706,687Net Assets 2022: $12,718,7042022Assets 2023: $15,888,758Liabilities 2023: $1,997,308Net Assets 2023: $13,891,4502023Assets 2024: $17,470,507Liabilities 2024: $2,106,035Net Assets 2024: $15,364,4722024Assets 2025: $20,298,101Liabilities 2025: $2,340,933Net Assets 2025: $17,957,1682025

Highlighted filing

2014

Assets$13,139,143
Liabilities$3,232,732
Net Assets$9,906,411
Open 2014 Filing

Operations Trend

Revenue Growth49th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $8,075,6372011Expenses 2012: $8,668,3372012Revenue 2013: $9,499,599Expenses 2013: $9,253,227Net Income 2013: $246,3722013Revenue 2014: $9,868,509Expenses 2014: $9,637,089Net Income 2014: $231,4202014Revenue 2015: $10,026,828Expenses 2015: $9,480,950Net Income 2015: $545,8782015Revenue 2016: $9,969,699Expenses 2016: $9,758,455Net Income 2016: $211,2442016Revenue 2017: $9,937,320Expenses 2017: $9,580,396Net Income 2017: $356,9242017Revenue 2018: $9,771,594Expenses 2018: $9,869,327Net Income 2018: -$97,7332018Revenue 2019: $10,147,667Expenses 2019: $10,215,992Net Income 2019: -$68,3252019Revenue 2020: $9,885,781Expenses 2020: $10,157,612Net Income 2020: -$271,8312020Revenue 2021: $11,726,062Expenses 2021: $9,838,068Net Income 2021: $1,887,9942021Revenue 2022: $10,540,566Expenses 2022: $10,523,627Net Income 2022: $16,9392022Revenue 2023: $11,340,547Expenses 2023: $10,820,072Net Income 2023: $520,4752023Revenue 2024: $12,334,669Expenses 2024: $11,678,662Net Income 2024: $656,0072024Revenue 2025: $13,546,152Expenses 2025: $12,574,849Net Income 2025: $971,3032025

Highlighted filing

2014

Revenue$9,868,509
Expenses$9,637,089
Net Income$231,420
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Dec 29, 2014
Return Version
2013v4.0
Gross Receipts
$9,868,509
Mission and Program Overview

Mission

Caravel Academy, a private college preparatory school, upholds the values of honesty, personal integrity and good sportsmanship. Caravel Academy is a coeducational non-profit school of approximately 1200 pupils.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,374,366$6,322,066▼ $52,300
Cash and Non-Interest-Bearing Accounts$2,456,302$4,026,159▲ $1,569,857
Investments in Publicly Traded Securities$3,894,211$2,614,586▼ $1,279,625
Prepaid Expenses and Deferred Charges$397,826$121,343▼ $276,483
Accounts Receivable$37,875$38,172▲ $297
Other Notes and Loans Receivable, Net$16,600$16,817▲ $217
Total Assets$13,177,180$13,139,143▼ $38,037
Liabilities
Deferred Revenue$2,908,867$2,959,076▲ $50,209
Accounts Payable and Accrued Expenses$236,308$273,656▲ $37,348
Total Liabilities$3,145,175$3,232,732▲ $87,557
Net Assets / Fund Balance
Unrestricted Net Assets$10,032,005$9,906,411▼ $125,594
Total Net Assets Fund Balance$10,032,005$9,906,411▼ $125,594
Total Liabilities and Net Assets / Fund Balance$13,177,180$13,139,143▼ $38,037

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$857,106$5,784,902$6,642,008
Equipment$5,464,960-$5,464,960
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald C Keister JrHeadmasterFT$98,400$2,952$101,352
Carol P ManubayFin Officer/Sec'y/Treas.FT$42,760$1,283$44,043

Board Members and Trustees

NameTitle
Dorothy M PeoplesPresident
Harrison B PeoplesVice President
Paul S ManubayVice President
Robert C Peoples JrVice President
W Thomas PeoplesVice President

Highest Paid Contractors

ContractorServicesLocationCompensation
Commercial Cleaning Services INCJanitorial-$225,035
Revenue and Support

Revenue Composition

Contributions and Grants
$63,589
Program Service Revenue
$9,801,300
Investment Income
$3,620
Other Revenue
$0
All Other Contributions
$63,589
Change in Net Assets
$231,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,236,489
Other Expenses$3,400,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,799,266$64,688$0$4,863,954
Occupancy$1,358,622$0$0$1,358,622
Other Employee Benefits$725,753$15,795$0$741,548
Depreciation Depletion$539,745$0$0$539,745
All Other Expenses$407,994$5,443$0$413,437
Payroll Taxes$385,623$8,456$0$394,079
Other Expenses$312,079$0$0$312,079
Current Officers, Directors, Trustees, and Key Employees$101,352$44,043$0$145,395
Pension Plan Contributions$90,612$901$0$91,513
Insurance$70,802$0$0$70,802
Office Expenses$19,425$21,222$0$40,647
Fees for Services Accounting$0$12,294$0$12,294
Fees for Service Investment Mgmnt Fees$0$11,586$0$11,586
Advertising$10,163$0$0$10,163
Total Functional Expenses$9,452,661$184,428$0$9,637,089
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Entity Owned by Director of OrgRental of PropertyNo$150,000
-Entity Owned by Directors of OrgIndependent ContractorNo$93,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
22-2602110
Phone
3028348938

Signing Officer

Name
Carol Manubay
Title
Finance Officer
Phone
3028348938
Signed
2014-12-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Manubay
Formed
1979
Legal Domicile
De
Voting Board Members
6
Independent Board Members
0
Employees
280
Volunteers
150

Preparer

Preparer
David E Klein
Phone
2159475474
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“Dorothy m peoples, president. Robert c peoples, vice president. Dorothy is robert's mother”

Pt VI, Line 2

“Dorothy m peoples, president. Harrison b. Peoples, vice president. Dorothy is harrison's mother”

Pt VI, Line 2

“Dorothy m peoples, president. W. Thomas peoples, vice president. Dorothy is thomas's mother”

Pt VI, Line 2

“Dorothy m peoples, president. Carol manubay, secretary-treasurer. Dorothy is carol's mother”

Pt VI, Line 2

“Paul manubay, vice president. Carol manubay, secretary-treasurer. Paul and carol are married.”

Pt VI, Line 11B

“A pdf file of the 990 is sent to the board to review and approve before filing”

Pt VI, Line 19

“Documents are available upon request with advance notice from”

Pt VI, Line 19

“Carol manubay during regular school hours @ 2801 del laws road bear de 19701”

Form 990, Part IX, Line 24F

“Dues and subscriptions 4085. 4085. 0. 0. Telephone 31069. 27962. 3107. 0. Bad debt expense 53944. 53944. 0. 0. Supplies 324339. 322003. 2336. 0.”

Raw XML AppendixShowing 400 of 438 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0236308
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0273656
IRS990/AccountsReceivableGrp/BOYAmt037875
IRS990/AccountsReceivableGrp/EOYAmt038172
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CARAVEL ACADEMY, a private college preparatory school, upholds the values of honesty, personal integrity and good sportsmanship. Caravel Academy is a coeducational non-profit school of approximately 1200 pupils.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt010163
IRS990/AdvertisingGrp/TotalAmt010163
IRS990/AllOtherContributionsAmt063589
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05443
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0407994
IRS990/AllOtherExpensesGrp/TotalAmt0413437
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10CAROL MANUBAY
IRS990/BooksInCareOfDetail/PhoneNum03028348939
IRS990/BooksInCareOfDetail/USAddress/AddressLine102801 DEL-LAWS ROAD
IRS990/BooksInCareOfDetail/USAddress/City0BEAR
IRS990/BooksInCareOfDetail/USAddress/State0DE
IRS990/BooksInCareOfDetail/USAddress/ZIPCode019701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt02456302
IRS990/CashNonInterestBearingGrp/EOYAmt04026159
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt044043
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0101352
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0145395
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0225035
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10PO Box 3318
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0Wilmington
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0DE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode019804
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10COMMERCIAL CLEANING SERVICES INC
IRS990/ContractorCompensationGrp/ServicesDesc0JANITORIAL
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt063589
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03620
IRS990/CYOtherExpensesAmt03400600
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt09801300
IRS990/CYRevenuesLessExpensesAmt0231420
IRS990/CYSalariesCompEmpBnftPaidAmt06236489
IRS990/CYTotalExpensesAmt09637089
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09868509
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt02908867
IRS990/DeferredRevenueGrp/EOYAmt02959076
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0539745
IRS990/DepreciationDepletionGrp/TotalAmt0539745
IRS990/Desc0PRIVATE SCHOOL EDUCATION. GRADES PN-12. 1140 STUDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0280
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt09452661
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012294
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt012294
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt011586
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt011586
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt550.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt51283
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt62952
IRS990/Form990PartVIISectionAGrp/PersonNm0DOROTHY M PEOPLES
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT C PEOPLES JR
IRS990/Form990PartVIISectionAGrp/PersonNm2HARRISON B PEOPLES
IRS990/Form990PartVIISectionAGrp/PersonNm3W THOMAS PEOPLES
IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL S MANUBAY
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROL P MANUBAY
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD C KEISTER JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt542760
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt698400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Fin Officer/Sec'y/Treas.
IRS990/Form990PartVIISectionAGrp/TitleTxt6Headmaster
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09868509
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt070802
IRS990/InsuranceGrp/TotalAmt070802
IRS990/InvestmentIncomeGrp/ExclusionAmt03620
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03620
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03894211
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02614586
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05784902
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06374366
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06322066
IRS990/LandBldgEquipCostOrOtherBssAmt012106968
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CARAVEL ACADEMY, a private
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010032005
IRS990/NetAssetsOrFundBalancesEOYAmt09906411
IRS990/NetUnrlzdGainsLossesInvstAmt0-357014
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt01358622
IRS990/OccupancyGrp/TotalAmt01358622
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021222
IRS990/OfficeExpensesGrp/ProgramServicesAmt019425
IRS990/OfficeExpensesGrp/TotalAmt040647
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015795
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0725753
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0741548
IRS990/OtherExpensesGrp/Desc0STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1Student Activities and Maintenance
IRS990/OtherExpensesGrp/Desc2Student Transportation
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL AND EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt012300
IRS990/OtherExpensesGrp/ProgramServicesAmt1398371
IRS990/OtherExpensesGrp/ProgramServicesAmt2220554
IRS990/OtherExpensesGrp/ProgramServicesAmt3312079
IRS990/OtherExpensesGrp/TotalAmt012300
IRS990/OtherExpensesGrp/TotalAmt1398371
IRS990/OtherExpensesGrp/TotalAmt2220554
IRS990/OtherExpensesGrp/TotalAmt3312079
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt064688
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04799266
IRS990/OtherSalariesAndWagesGrp/TotalAmt04863954
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt016600
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016817
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08456
IRS990/PayrollTaxesGrp/ProgramServicesAmt0385623
IRS990/PayrollTaxesGrp/TotalAmt0394079
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0901
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt090612
IRS990/PensionPlanContributionsGrp/TotalAmt091513
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0397826
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0121343
IRS990/PrincipalOfficerNm0CAROL MANUBAY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0821102
IRS990/ProgramServiceRevenueGrp/BusinessCd1821102
IRS990/ProgramServiceRevenueGrp/BusinessCd2821102
IRS990/ProgramServiceRevenueGrp/BusinessCd3821102
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT TRANSPORTATION
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TECHNOLOGY FEE
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09246099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt153459
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2344442
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3157300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048097
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03076
IRS990/PYOtherExpensesAmt03212883
IRS990/PYProgramServiceRevenueAmt09448426
IRS990/PYRevenuesLessExpensesAmt0246372
IRS990/PYSalariesCompEmpBnftPaidAmt06040344
IRS990/PYTotalExpensesAmt09253227
IRS990/PYTotalRevenueAmt09499599
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0231420
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt09801300
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0857106
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05784902
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06642008
IRS990ScheduleD/EquipmentGrp/BookValueAmt05464960
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05464960
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06322066
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SEE WEBSITE HTTP://WWW.CARAVEL.ORG/ADMISSIONS.HTM
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10RC PEOPLES INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine11DM PEOPLES INVESTMENT CORP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY OWNED BY DIRECTORS OF ORG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ENTITY OWNED BY DIRECTOR OF ORG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt093400
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1150000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0INDEPENDENT CONTRACTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1RENTAL OF PROPERTY
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DOROTHY M PEOPLES, PRESIDENT. ROBERT C PEOPLES, VICE PRESIDENT. DOROTHY IS ROBERT'S MOTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOROTHY M PEOPLES, PRESIDENT. HARRISON B. PEOPLES, VICE PRESIDENT. DOROTHY IS HARRISON'S MOTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOROTHY M PEOPLES, PRESIDENT. W. THOMAS PEOPLES, VICE PRESIDENT. DOROTHY IS THOMAS'S MOTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOROTHY M PEOPLES, PRESIDENT. CAROL MANUBAY, SECRETARY-TREASURER. DOROTHY IS CAROL'S MOTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAUL MANUBAY, VICE PRESIDENT. CAROL MANUBAY, SECRETARY-TREASURER. PAUL AND CAROL ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A PDF FILE OF THE 990 IS SENT TO THE BOARD TO REVIEW AND APPROVE BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE UPON REQUEST WITH ADVANCE NOTICE FROM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CAROL MANUBAY DURING REGULAR SCHOOL HOURS @ 2801 DEL LAWS ROAD BEAR DE 19701
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DUES AND SUBSCRIPTIONS 4085. 4085. 0. 0. TELEPHONE 31069. 27962. 3107. 0. BAD DEBT EXPENSE 53944. 53944. 0. 0. SUPPLIES 324339. 322003. 2336. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013177180
IRS990/TotalAssetsEOYAmt013139143
IRS990/TotalAssetsGrp/BOYAmt013177180
IRS990/TotalAssetsGrp/EOYAmt013139143
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt063589
IRS990/TotalEmployeeCnt0280
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0184428
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09452661
IRS990/TotalFunctionalExpensesGrp/TotalAmt09637089
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03145175
IRS990/TotalLiabilitiesEOYAmt03232732
IRS990/TotalLiabilitiesGrp/BOYAmt03145175
IRS990/TotalLiabilitiesGrp/EOYAmt03232732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010032005
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09906411
IRS990/TotalOtherCompensationAmt04235
IRS990/TotalProgramServiceExpensesAmt09452661
IRS990/TotalProgramServiceRevenueAmt09801300
IRS990/TotalReportableCompFromOrgAmt0141160
IRS990/TotalRevenueGrp/ExclusionAmt03620
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09801300
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09868509
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013177180
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013139143
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt010032005

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,139,143
Liabilities
$3,232,732
Net assets
$9,906,411
Revenue
$9,868,509
Expenses
$9,637,089
Net income
$231,420
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.3$2.34$18.0$13.5$12.6$0.97
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$2.11$15.4$12.3$11.7$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$2.00$13.9$11.3$10.8$0.52
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$1.71$12.7$10.5$10.5$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$1.90$13.2$11.7$9.84$1.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$3.47$11.8$9.89$10.2$0.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$3.60$11.0$10.1$10.2$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.4$2.89$10.5$9.77$9.87$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$2.84$10.9$9.94$9.58$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$2.78$10.4$9.97$9.76$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$2.72$9.98$10.0$9.48$0.55
2014Detailed filing. Detailed filing data is available for this year.$13.1$3.23$9.91$9.87$9.64$0.23
2013Summary only. Only limited summary data is available for this year.$13.2$3.15$10.0$9.50$9.25$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$2.86$10.5$8.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$2.61$11.0$8.08