Civic Intelligence

The Phelps School

990 • Fiscal year 2024 • EIN 23-1365964

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 03, 2024

Organization ProfileWWW.PHELPSSCHOOL.ORG

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583 Sugartown RoadMalvern, PA 19355

(610) 644-1754

Siviq Scores

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

Liabilities / Assets

71st percentile

0.41x

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

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.80x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

34th percentile

-0.7%

Higher net margin than 34% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$93,831

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

14th percentile

-6.2%

Faster asset growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-17%

Faster revenue growth than 14% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$13,787,353

Down $914,179 (-6.2%) from 2023

Net Assets

Down

$8,157,265

Down $15,451 (-0.2%) from 2023

Liabilities

Down

$5,630,088

Down $898,728 (-14%) from 2023

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin34th percentile

Revenue

Down

$3,119,210

Down $634,498 (-17%) from 2023

Expenses

Down

$3,139,592

Down $421,083 (-12%) from 2023

Net Income

Down

-$20,382

Down $213,415 (-111%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$20M$15M$10M$5.0M$0Assets 2012: $5,909,414Liabilities 2012: $2,359,589Net Assets 2012: $3,549,8252012Assets 2013: $6,615,242Liabilities 2013: $2,902,399Net Assets 2013: $3,712,8432013Assets 2014: $7,009,555Liabilities 2014: $3,078,077Net Assets 2014: $3,931,4782014Assets 2015: $7,368,760Liabilities 2015: $2,994,710Net Assets 2015: $4,374,0502015Assets 2016: $8,211,841Liabilities 2016: $2,974,441Net Assets 2016: $5,237,4002016Assets 2017: $10,382,675Liabilities 2017: $3,901,364Net Assets 2017: $6,481,3112017Assets 2018: $14,263,097Liabilities 2018: $7,279,240Net Assets 2018: $6,983,8572018Assets 2019: $16,228,316Liabilities 2019: $8,449,673Net Assets 2019: $7,778,6432019Assets 2020: $16,144,918Liabilities 2020: $8,296,337Net Assets 2020: $7,848,5812020Assets 2021: $16,167,706Liabilities 2021: $7,815,502Net Assets 2021: $8,352,2042021Assets 2022: $14,579,330Liabilities 2022: $6,690,164Net Assets 2022: $7,889,1662022Assets 2023: $14,701,532Liabilities 2023: $6,528,816Net Assets 2023: $8,172,7162023Assets 2024: $13,787,353Liabilities 2024: $5,630,088Net Assets 2024: $8,157,2652024

Highlighted filing

2024

Assets$13,787,353
Liabilities$5,630,088
Net Assets$8,157,265
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $4,216,0142012Revenue 2013: $3,937,290Expenses 2013: $3,774,272Net Income 2013: $163,0182013Revenue 2014: $3,973,487Expenses 2014: $3,754,852Net Income 2014: $218,6352014Revenue 2015: $3,963,118Expenses 2015: $3,520,546Net Income 2015: $442,5722015Revenue 2016: $4,295,523Expenses 2016: $3,432,173Net Income 2016: $863,3502016Revenue 2017: $4,732,249Expenses 2017: $3,488,338Net Income 2017: $1,243,9112017Revenue 2018: $4,001,017Expenses 2018: $3,498,471Net Income 2018: $502,5462018Revenue 2019: $4,303,460Expenses 2019: $3,531,920Net Income 2019: $771,5402019Revenue 2020: $3,603,689Expenses 2020: $3,531,050Net Income 2020: $72,6392020Revenue 2021: $3,642,479Expenses 2021: $3,487,517Net Income 2021: $154,9622021Revenue 2022: $3,266,917Expenses 2022: $3,488,327Net Income 2022: -$221,4102022Revenue 2023: $3,753,708Expenses 2023: $3,560,675Net Income 2023: $193,0332023Revenue 2024: $3,119,210Expenses 2024: $3,139,592Net Income 2024: -$20,3822024

Highlighted filing

2024

Revenue$3,119,210
Expenses$3,139,592
Net Income-$20,382
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 3, 2024
Return Version
2023v6.0
Gross Receipts
$3,370,672
Mission and Program Overview

Mission

The phelps school is dedicated to a personalized education for the boy who seeks success academically, personally, and socially. Our first obligation is to create a caring, sensitive climate which emphasizes the positive in every situation. The student's educational program is planned in terms of his individual capacity, ability, needs and interests. This philosophy of dedication to the total development of each boy is accentuated by the disciplined atmosphere, small classes, and daily tutorial support. The environment is consistent, supportive, structured and combined with challenge, care and honesty. The phelps school is concerned with emphasizing the articulation and inculcation of personal moral values as an important part of our mission; educating the heart as well as the mind and body.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,800,687$10,564,463▼ $236,224
Savings and Temporary Cash Investments$1,457,520$2,024,298▲ $566,778
Accounts Receivable$994,305$793,582▼ $200,723
Investments in Publicly Traded Securities$1,204,085$135,251▼ $1,068,834
Prepaid Expenses and Deferred Charges$51,329$82,500▲ $31,171
Intangible Assets$82,833$81,618▼ $1,215
Inventories for Sale or Use$82,184$77,054▼ $5,130
Loans From Officers Directors$60,920$60,920→ $0
Cash and Non-Interest-Bearing Accounts$1,500$1,498▼ $2
Total Assets$14,701,532$13,787,353▼ $914,179
Other Assets Total$27,089$27,089→ $0
Liabilities
Tax Exempt Bond Liabilities$5,122,218$4,850,663▼ $271,555
Other Liabilities$496,366--
Deferred Revenue$607,564$481,420▼ $126,144
Accounts Payable and Accrued Expenses$241,748$237,085▼ $4,663
Total Liabilities$6,528,816$5,630,088▼ $898,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,172,716$8,157,265▼ $15,451
Total Net Assets Fund Balance$8,172,716$8,157,265▼ $15,451
Total Liabilities and Net Assets / Fund Balance$14,701,532$13,787,353▼ $914,179

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,626,522$4,064,584$13,691,106
Equipment$233,779$808,231$1,042,010
Other Land Buildings$174,026$407,566$581,592
Land$530,136-$530,136
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephany Phelps FaheyPresidentFT$78,000$15,831$93,831
Sandra StotzTrustee/compFT$85,721$4,478$90,199
Norman T PhelpsBoard Chair-$42,029$4,363$46,392

Board Members and Trustees

NameTitle
Erika N GrossTrustee
James BruceTrustee
Jon G HallTrustee
Lyle BlissTrustee
Robert GottschallTrustee
Andrew WilmerdingSecretary
Gerald FaheyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$163,809
Program Service Revenue
$2,617,933
Investment Income
$223,780
Other Revenue
$113,688
All Other Contributions
$163,809
Change in Net Assets
$-20,382

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,119,210
Revenue Not Reported on Form 990
$4,931
Total Revenue per Audited Statements
$3,124,141
Total Revenue per Form 990
$3,119,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,797,237
Other Expenses$1,342,355
Total Fundraising Expense$85,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,261,482$236,820$70,769$1,569,071
All Other Expenses$264,540$6,055$6,220$276,815
Depreciation Depletion$139,767$54,619-$194,386
Payroll Taxes$99,424$17,370$5,435$122,229
Other Employee Benefits$70,217$23,880$2,839$96,936
Insurance$67,543$26,833$287$94,663
Other Expenses$37,833$15,376-$53,209
Interest$32,089--$32,089
Fees for Services Accounting-$17,572-$17,572
Fees for Services Other$6,834$10,719-$17,553
Pension Plan Contributions$6,514$2,487-$9,001
Office Expenses$4,255$2,352-$6,607
Fees for Services Legal-$3,929-$3,929
Conferences and Meetings$1,710--$1,710
Total Functional Expenses$2,621,801$432,241$85,550$3,139,592

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,139,592
Total Expenses per Audited Statements$3,139,592
Total Expenses per Form 990$3,139,592
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$60,920$60,920→ $0
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
BMortgage2017-09-13$5,000,000-
AConsolidated Mortgage2013-02-26$2,400,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 2

“Norman phelps stephany fahey chairman president father/daughter norman phelps gerald fahey chairman treasurer father-in-law/son-in-law gerald fahey stephany fahey treasurer president husband/wife”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed and approved by the officers of the school before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“The board regularly reviews and monitors its policy by requiring board members to disclose business interests. All transactions with board members require board approval.”

Form 990, Page 6, Part VI, Line 15A

“Salaries for officers and management are reviewed annually by the board and officers of the school.”

Form 990, Page 6, Part VI, Line 15B

“Salaries for are reviewed annually by the board and officers of the school.”

Form 990, Page 6, Part VI, Line 19

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
The Phelps School
EIN
23-1365964
Phone
6106441754
Address
583 SUGARTOWN ROAD, MALVERN, PA 19355

Signing Officer

Name
Stephany Phelps Fahey
Title
President
Phone
6106441754
Signed
2024-12-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephany Phelps Fahey
Formed
1946
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
6
Employees
55

Preparer

Firm
Bliss & Company
Address
810 DOWNINGTOWN PIKE, WEST CHESTER, PA 19380-1935
Preparer
Daniel J Harris CPA
Phone
6106961012
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The phelps school is dedicated to a personalized education for the boy who seeks success academically, personally, and socially. Our first obligation is to create a caring, sensitive climate which emphasizes the positive in every situation. The student's educational program is planned in terms of his individual capacity, ability, needs and interests. This philosophy of dedication to the total development of each boy is accentuated by the disciplined atmosphere, small classes, and daily tutorial support. The environment is consistent, supportive, structured and combined with challenge, care and honesty. The phelps school is concerned with emphasizing the articulation and inculcation of personal moral values as an important part of our mission; educating the heart as well as the mind and body.”

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IRS990/InsuranceGrp/ProgramServicesAmt067543
IRS990/InsuranceGrp/TotalAmt094663
IRS990/IntangibleAssetsGrp/BOYAmt082833
IRS990/IntangibleAssetsGrp/EOYAmt081618
IRS990/InterestGrp/ProgramServicesAmt032089
IRS990/InterestGrp/TotalAmt032089
IRS990/InventoriesForSaleOrUseGrp/BOYAmt082184
IRS990/InventoriesForSaleOrUseGrp/EOYAmt077054
IRS990/InvestmentIncomeGrp/ExclusionAmt0223780
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0223780
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01204085
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0135251
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05280381
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010800687
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010564463
IRS990/LandBldgEquipCostOrOtherBssAmt015844844
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt0251462
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt060920
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt060920
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PHELPS SCHOOL IS DEDICATED TO A PERSONALIZED EDUCATION FOR THE BOY WHO SEEKS SUCCESS ACADEMICALLY, PERSONALLY, AND SOCIALLY. OUR FIRST OBLIGATION IS TO CREATE A CARING, SENSITIVE CLIMATE WHICH EMPHASIZES THE POSITIVE IN EVERY SITUATION. THE STUDENT'S EDUCATIONAL PROGRAM IS PLANNED IN TERMS OF HIS INDIVIDUAL CAPACITY, ABILITY, NEEDS AND INTERESTS. THIS PHILOSOPHY OF DEDICATION TO THE TOTAL DEVELOPMENT OF EACH BOY IS ACCENTUATED BY THE DISCIPLINED ATMOSPHERE, SMALL CLASSES, AND DAILY TUTORIAL SUPPORT. THE ENVIRONMENT IS CONSISTENT, SUPPORTIVE, STRUCTURED AND COMBINED WITH CHALLENGE, CARE AND HONESTY. THE PHELPS SCHOOL IS CONCERNED WITH EMPHASIZING THE ARTICULATION AND INCULCATION OF PERSONAL MORAL VALUES AS AN IMPORTANT PART OF OUR MISSION; EDUCATING THE HEART AS WELL AS THE MIND AND BODY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt08172716
IRS990/NetAssetsOrFundBalancesEOYAmt08157265
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0115760
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0115760
IRS990/NetUnrlzdGainsLossesInvstAmt04931
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08172716
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08157265
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02352
IRS990/OfficeExpensesGrp/ProgramServicesAmt04255
IRS990/OfficeExpensesGrp/TotalAmt06607
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt027089
IRS990/OtherAssetsTotalGrp/EOYAmt027089
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02839
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt023880
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt070217
IRS990/OtherEmployeeBenefitsGrp/TotalAmt096936
IRS990/OtherExpensesGrp/Desc0FOOD AND KITCHEN EXPENSE
IRS990/OtherExpensesGrp/Desc1ELECTRICAL, GAS AND HEAT
IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/Desc3COMPUTER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014229
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115376
IRS990/OtherExpensesGrp/ProgramServicesAmt0451838
IRS990/OtherExpensesGrp/ProgramServicesAmt1117434
IRS990/OtherExpensesGrp/ProgramServicesAmt260321
IRS990/OtherExpensesGrp/ProgramServicesAmt337833
IRS990/OtherExpensesGrp/TotalAmt0451838
IRS990/OtherExpensesGrp/TotalAmt1131663
IRS990/OtherExpensesGrp/TotalAmt260321
IRS990/OtherExpensesGrp/TotalAmt353209
IRS990/OtherLiabilitiesGrp/BOYAmt0496366
IRS990/OtherRevenueMiscGrp/Desc0DISPOSAL OF ASSETS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-2072
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-2072
IRS990/OtherRevenueTotalAmt0-2072
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt070769
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0236820
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01261482
IRS990/OtherSalariesAndWagesGrp/TotalAmt01569071
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05435
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017370
IRS990/PayrollTaxesGrp/ProgramServicesAmt099424
IRS990/PayrollTaxesGrp/TotalAmt0122229
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02487
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06514
IRS990/PensionPlanContributionsGrp/TotalAmt09001
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051329
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082500
IRS990/PrincipalOfficerNm0STEPHANY PHELPS FAHEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1BOOKSTORE
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02568063
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136785
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02568063
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136785
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213085
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01046431
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0166637
IRS990/PYOtherExpensesAmt01506097
IRS990/PYOtherRevenueAmt0152912
IRS990/PYProgramServiceRevenueAmt02387728
IRS990/PYRevenuesLessExpensesAmt0193033
IRS990/PYSalariesCompEmpBnftPaidAmt02054578
IRS990/PYTotalExpensesAmt03560675
IRS990/PYTotalRevenueAmt03753708
IRS990/ReconcilationRevenueExpnssAmt0-20382
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0115760
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02617933
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01457520
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02024298
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09626522
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04064584
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013691106
IRS990ScheduleD/EquipmentGrp/BookValueAmt0233779
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0808231
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01042010
IRS990ScheduleD/ExpensesSubtotalAmt03139592
IRS990ScheduleD/LandGrp/BookValueAmt0530136
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0530136
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04931
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0174026
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0407566
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0581592
IRS990ScheduleD/RevenueNotReportedAmt04931
IRS990ScheduleD/RevenueSubtotalAmt03119210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010564463
IRS990ScheduleD/TotalExpensesPerForm990Amt03139592
IRS990ScheduleD/TotalRevenuePerForm990Amt03119210
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03124141
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03139592
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/ExplanationTxt0INCLUDED IN SCHOOL BROCHURE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-02-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12017-09-13
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt02400000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt15000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0CONSOLIDATED MORTGAGE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1MORTGAGE
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd1false

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,787,353
Liabilities
$5,630,088
Net assets
$8,157,265
Revenue
$3,119,210
Expenses
$3,139,592
Net income
-$20,382
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.8$5.63$8.16$3.12$3.14$0.02
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$6.53$8.17$3.75$3.56$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$6.69$7.89$3.27$3.49$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$7.82$8.35$3.64$3.49$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$8.30$7.85$3.60$3.53$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$8.45$7.78$4.30$3.53$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$7.28$6.98$4.00$3.50$0.50
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$3.90$6.48$4.73$3.49$1.24
2016Detailed filing. Detailed filing data is available for this year.$8.21$2.97$5.24$4.30$3.43$0.86
2015Detailed filing. Detailed filing data is available for this year.$7.37$2.99$4.37$3.96$3.52$0.44
2014Detailed filing. Detailed filing data is available for this year.$7.01$3.08$3.93$3.97$3.75$0.22
2013Summary only. Only limited summary data is available for this year.$6.62$2.90$3.71$3.94$3.77$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.91$2.36$3.55$4.22