Civic Intelligence

The Masters School Inc.

990 • Fiscal year 2019 • EIN 23-7016084

Jul 01, 2018 to Jun 30, 2019 • Filed on May 27, 2020

Organization Profilewww.masterschool.org

View Organization Page

36 Westledge RoadWest Simsbury, CT 06092

(860) 651-9361

Siviq Scores

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

Liabilities / Assets

85th percentile

0.73x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

70th percentile

0.42x

Higher debt load relative to revenue than 70% of similar nonprofits.

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

Net Margin

26th percentile

-4.7%

Higher net margin than 26% of similar nonprofits.

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

Top Officer Pay

67th percentile

$165,172

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

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

Asset Growth

13th percentile

-7.1%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

18th percentile

-14%

Faster revenue growth than 18% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$2,987,996

Down $227,437 (-7.1%) from 2018

Net Assets

Down

$802,241

Down $242,668 (-23%) from 2018

Liabilities

Up

$2,185,755

Up $15,231 (+0.7%) from 2018

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin26th percentile

Revenue

Down

$5,177,510

Down $827,121 (-14%) from 2018

Expenses

Down

$5,421,775

Down $714,049 (-12%) from 2018

Net Income

Down

-$244,265

Down $113,072 (-86%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,434,501Liabilities 2010: $1,563,833Net Assets 2010: $2,870,6682010Assets 2011: $4,035,658Liabilities 2011: $1,731,719Net Assets 2011: $2,303,9392011Assets 2012: $4,307,638Liabilities 2012: $2,262,512Net Assets 2012: $2,045,1262012Assets 2013: $4,071,870Liabilities 2013: $2,217,726Net Assets 2013: $1,854,1442013Assets 2014: $3,723,232Liabilities 2014: $2,236,336Net Assets 2014: $1,486,8962014Assets 2015: $3,686,088Liabilities 2015: $2,408,814Net Assets 2015: $1,277,2742015Assets 2016: $3,469,567Liabilities 2016: $2,275,536Net Assets 2016: $1,194,0312016Assets 2017: $3,503,358Liabilities 2017: $2,321,919Net Assets 2017: $1,181,4392017Assets 2018: $3,215,433Liabilities 2018: $2,170,524Net Assets 2018: $1,044,9092018Assets 2019: $2,987,996Liabilities 2019: $2,185,755Net Assets 2019: $802,2412019Assets 2020: $3,285,619Liabilities 2020: $2,258,474Net Assets 2020: $1,027,1452020Assets 2021: $3,178,579Liabilities 2021: $2,035,157Net Assets 2021: $1,143,4222021Assets 2022: $2,824,976Liabilities 2022: $1,409,455Net Assets 2022: $1,415,5212022Assets 2023: $3,633,517Liabilities 2023: $1,842,200Net Assets 2023: $1,791,3172023Assets 2024: $2,975,153Liabilities 2024: $1,669,367Net Assets 2024: $1,305,7862024

Highlighted filing

2019

Assets$2,987,996
Liabilities$2,185,755
Net Assets$802,241
Open 2019 Filing

Operations Trend

Revenue Growth18th 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: $3,641,1182010Expenses 2011: $4,802,7242011Expenses 2012: $5,158,6862012Expenses 2013: $5,553,3172013Revenue 2014: $5,677,159Expenses 2014: $6,051,220Net Income 2014: -$374,0612014Revenue 2015: $5,659,002Expenses 2015: $5,866,234Net Income 2015: -$207,2322015Revenue 2016: $6,019,408Expenses 2016: $6,100,752Net Income 2016: -$81,3442016Revenue 2017: $5,938,104Expenses 2017: $5,958,735Net Income 2017: -$20,6312017Revenue 2018: $6,004,631Expenses 2018: $6,135,824Net Income 2018: -$131,1932018Revenue 2019: $5,177,510Expenses 2019: $5,421,775Net Income 2019: -$244,2652019Revenue 2020: $5,147,869Expenses 2020: $4,910,909Net Income 2020: $236,9602020Revenue 2021: $4,022,690Expenses 2021: $3,926,249Net Income 2021: $96,4412021Revenue 2022: $4,451,411Expenses 2022: $4,142,251Net Income 2022: $309,1602022Revenue 2023: $4,770,990Expenses 2023: $4,407,058Net Income 2023: $363,9322023Revenue 2024: $4,667,408Expenses 2024: $5,193,306Net Income 2024: -$525,8982024

Highlighted filing

2019

Revenue$5,177,510
Expenses$5,421,775
Net Income-$244,265
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 27, 2020
Return Version
2018v3.1
Gross Receipts
$5,248,806
Mission and Program Overview

Mission

To operate a christian school which integrates faith and learning within the framework of a christian worldview. We challenge our students to strive for spiritual maturity and academic excellence in a supportive community that emphasizes "education from the inside out".

An integration of faith and learning within the framework of a Biblical worldview.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,888,825$2,726,914▼ $161,911
Investments in Publicly Traded Securities$162,014$169,947▲ $7,933
Loans From Officers Directors$90,630$68,780▼ $21,850
Accounts Receivable$37,655$33,718▼ $3,937
Savings and Temporary Cash Investments$60,271$30,240▼ $30,031
Prepaid Expenses and Deferred Charges$17,225$10,800▼ $6,425
Pledges and Grants Receivable$33,490$9,000▼ $24,490
Cash and Non-Interest-Bearing Accounts$15,953$7,377▼ $8,576
Total Assets$3,215,433$2,987,996▼ $227,437
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,024,429$1,004,845▼ $19,584
Deferred Revenue$681,986$679,573▼ $2,413
Accounts Payable and Accrued Expenses$373,479$432,557▲ $59,078
Total Liabilities$2,170,524$2,185,755▲ $15,231
Net Assets / Fund Balance
Unrestricted Net Assets$823,545$567,454▼ $256,091
Permanently Rstr Net Assets$221,364$234,787▲ $13,423
Total Net Assets Fund Balance$1,044,909$802,241▼ $242,668
Total Liabilities and Net Assets / Fund Balance$3,215,433$2,987,996▼ $227,437

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,664,423$2,527,653$5,192,076
Equipment$26,666$604,635$631,301
Other Land Buildings$2,015$142,834$144,849
Land$33,810-$33,810

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$161,043-▲ $7,933-$168,976
2017$166,569-▲ $3,974-$161,043
2016$104,179$50,000▲ $12,390-$166,569
2015$56,705$50,000▼ $2,526-$104,179
2014$55,859-▲ $846-$56,705
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raymond P LaganHead of SchoolFT$103,789$61,623$165,412

Board Members and Trustees

NameTitle
Kathryn KayPresident
David HoufVice President
Corey JohnsonTrustee
Julie VolpeTrustee
Rob CaiazeTrustee
Bill LamoreyTrustee (part year)
Karen ReidSecretary
Jim SwartzentruberSecretary (part year)
Todd ShelanskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$430,715
Program Service Revenue
$4,667,280
Investment Income
$8,375
Other Revenue
$71,140
All Other Contributions
$304,876
Change in Net Assets
$-244,265

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,950,001
Revenue Not Reported on Financial Statements
$1,227,509
Revenue Not Reported on Form 990
$5,058
Other Revenue Adjustments
$1,225,521
Total Revenue per Audited Statements
$3,955,059
Total Revenue per Form 990
$5,177,510
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,092,071
Grants and Similar Amounts Paid$1,225,521
Other Expenses$1,104,183
Total Fundraising Expense$64,551
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,801,381$380,471-$2,181,852
Grants to Domestic Individuals$1,225,521--$1,225,521
Other Employee Benefits$553,606$27,171$3,295$584,072
Occupancy$317,430$38,804-$356,234
Depreciation Depletion$149,423$18,468-$167,891
Current Officers, Directors, Trustees, and Key Employees$57,343$55,314$52,841$165,498
Payroll Taxes$126,545$30,416$3,688$160,649
Information Technology$108,961$13,467-$122,428
Interest$57,052--$57,052
All Other Expenses$24,146$3,500$4,727$32,373
Office Expenses$28,630--$28,630
Other Expenses$43,966$22,627-$22,627
Fees for Services Accounting-$21,635-$21,635
Travel$21,589--$21,589
Fees for Services Other-$9,838-$9,838
Advertising$7,126--$7,126
Fees for Service Investment Mgmnt Fees-$1,988-$1,988
Total Functional Expenses$4,732,065$625,159$64,551$5,421,775

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,421,775
Total Expenses per Audited Statements$4,197,727
Expenses per Audited Statements$4,194,266
Expenses Not Reported on Financial Statements$1,227,509
Other Expense Adjustments$1,225,521
Expenses Not Reported on Form 990$3,461
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,346
Fundraising Gross Income$23,398
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Event$113,340$14,532-$14,532
Golf Event$35,897$8,866$1,777$7,089
Total Events$149,237$23,398$33,346$-9,948
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$90,630$68,780▼ $21,850
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
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 B, line 11B

“A copy of the 990, excluding Schedule B, will be made available to each board member. The Treasurer of the Board has the authority to release the 990 on behalf of the Board. The Business Office Director and the Treasurer of the Board of Trustees review the 990 in detail before final processing.”

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

“In cases where a Board member has a financial interest in any matter involving the School or before the Board, the following guidelines shall be followed concerning the matter of conflict of interest: 1) No Board member shall perform labor or services or furnish equipment or supplies for which financial renumberation is made without prior approval by the board. 2) When any matter involving financial consideration comes before the board and one or more members discover they have a personal financial interest either directly or remotely related, said Board member shall disclose this interest to the full Board. Said Board member shall refrain from discussion and abstain from voting on the matter.”

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

“The President and/or Vice President of the Board annually performs a performance review and sets goals with the Head of School. Comparability data from other schools of similar type are reviewed. Compensation is set from the review, approved by the Board, and documented in the Board minutes. Form 990, Part VI, Section B, Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered "no" in accordance with the instructions.”

Form 990, Part VI, Section C, line 19

“These documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Master's School
EIN
23-7016084
Phone
8606519361
Address
36 Westledge Road, West Simsbury, CT 06092

Signing Officer

Name
Raymond P Lagan
Title
Head of School
Phone
8606519361
Signed
2020-05-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond P Lagan
Formed
1970
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
101
Volunteers
30

Preparer

Firm
Capin Crouse LLP
Address
1330 Avenue of the Americas Suite, 23A, New York, NY 10019
Preparer
Sara Tibbott
Phone
2126530681
Supplemental Narrative

Additional Explanations

Form 990, Part X, Lines 27-29:

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 567,454 Line 29 - Net assets with donor restrictions $ 234,787 Total net assets $ 802,241”

Form 990, Part XII, Line 2C

“The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”

Financial Statement Notes

Part II, Line 3:

“Operations staff has a copy of easement restrictions and is aware of communications required when questions arise. The School maintains a productive professional relationship with the Simsbury Land Trust.”

Part II, Line 9:

“Land was sold to the Simsbury Land Trust in a prior year. Included in the sales agreement were easements to cross driveways and pathways throughout the campus in order to access conservation land and hiking trails. Easements do not affect value of the property or operations of the School and are not disclosed in the financial statements.”

Part V, Line 4:

“The School intends to grow an endowment fund which will provide income to support its general operations. Currently the School does not draw upon the general fund. The second fund was created in 15-16 to provide scholarships to students. Part V, lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions”

Part XI, Line 2D - Other Adjustments:

“Rental Expense 2,772.”

Part XI, Line 4B - Other Adjustments:

“Financial Aid 1,225,521.”

Part XII, Line 2D - Other Adjustments:

“Rental Expense 2,772.”

Part XII, Line 4B - Other Adjustments:

“Financial Aid 1,225,521.”

Raw XML AppendixShowing 400 of 652 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee (part year)
IRS990/Form990PartVIISectionAGrp/TitleTxt9Head of School
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0125839
IRS990/FundraisingDirectExpensesAmt033346
IRS990/FundraisingGrossIncomeAmt023398
IRS990/GainOrLossGrp/SecuritiesAmt02107
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt01225521
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01225521
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01225521
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt037285
IRS990/GrossReceiptsAmt05248806
IRS990/GrossRentsGrp/RealAmt027787
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013467
IRS990/InformationTechnologyGrp/ProgramServicesAmt0108961
IRS990/InformationTechnologyGrp/TotalAmt0122428
IRS990/InterestGrp/ProgramServicesAmt057052
IRS990/InterestGrp/TotalAmt057052
IRS990/InvestmentIncomeGrp/ExclusionAmt06268
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06268
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0162014
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0169947
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03275122
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02888825
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02726914
IRS990/LandBldgEquipCostOrOtherBssAmt06002036
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt035178
IRS990/LessRentalExpensesGrp/RealAmt02772
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt090630
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt068780
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt056073
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt056073
IRS990/MissionDesc0To operate a Christian school which integrates faith and learning within the framework of a Biblical worldview. We challenge our students to strive for spiritual maturity and academic excellence in a supportive community that emphasizes "Education from the Inside Out".
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01024429
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01004845
IRS990/NetAssetsOrFundBalancesBOYAmt01044909
IRS990/NetAssetsOrFundBalancesEOYAmt0802241
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02107
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02107
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-9948
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9948
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt025015
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt025015
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01597
IRS990/NoncashContributionsAmt01245
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt038804
IRS990/OccupancyGrp/ProgramServicesAmt0317430
IRS990/OccupancyGrp/TotalAmt0356234
IRS990/OfficeExpensesGrp/ProgramServicesAmt028630
IRS990/OfficeExpensesGrp/TotalAmt028630
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03295
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027171
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0553606
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0584072
IRS990/OtherExpensesGrp/Desc0Books & Supplies
IRS990/OtherExpensesGrp/Desc1Student Programs
IRS990/OtherExpensesGrp/Desc2Dining Hall
IRS990/OtherExpensesGrp/Desc3Bad Debt Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01460
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122627
IRS990/OtherExpensesGrp/ProgramServicesAmt0136283
IRS990/OtherExpensesGrp/ProgramServicesAmt173063
IRS990/OtherExpensesGrp/ProgramServicesAmt243966
IRS990/OtherExpensesGrp/TotalAmt0137743
IRS990/OtherExpensesGrp/TotalAmt173063
IRS990/OtherExpensesGrp/TotalAmt243966
IRS990/OtherExpensesGrp/TotalAmt322627
IRS990/OtherRevenueTotalAmt056073
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0380471
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01801381
IRS990/OtherSalariesAndWagesGrp/TotalAmt02181852
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03688
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt030416
IRS990/PayrollTaxesGrp/ProgramServicesAmt0126545
IRS990/PayrollTaxesGrp/TotalAmt0160649
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0221364
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0234787
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt033490
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017225
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010800
IRS990/PrincipalOfficerNm0Raymond P Lagan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc1Extracurricular
IRS990/ProgramServiceRevenueGrp/Desc2Summer Programs
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04508993
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt182757
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04508993
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt182757
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217715
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0528574
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01330802
IRS990/PYInvestmentIncomeAmt010985
IRS990/PYOtherExpensesAmt01317171
IRS990/PYOtherRevenueAmt0131286
IRS990/PYProgramServiceRevenueAmt05333786
IRS990/PYRevenuesLessExpensesAmt0-131193
IRS990/PYSalariesCompEmpBnftPaidAmt03487851
IRS990/PYTotalExpensesAmt06135824
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06004631
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-244265
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt025015
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04723353
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060271
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030240
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Fundraising events - 2014 Amount: $ 30,475. 2015 Amount: $ 25,221. 2016 Amount: $ 40,298. 2017 Amount: $ 46,679. 2018 Amount: $ 23,398. Other income - 2014 Amount: $ 67,100. 2015 Amount: $ 72,994. 2016 Amount: $ 80,083. 2017 Amount: $ 96,314. 2018 Amount: $ 56,073.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Schedule A, Part II:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0430715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0528574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0411026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0479982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0451785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02302082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt037929
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032385
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020744
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037178
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0162291
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt026002571
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt079471
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0142993
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0120381
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt098215
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt097575
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0538635
IRS990ScheduleA/PublicSupportCY170Pct00.62280
IRS990ScheduleA/PublicSupportPY170Pct00.54930
IRS990ScheduleA/PublicSupportTotal170Amt01870133
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt0431949
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0430715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0528574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0411026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0479982
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0451785
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02302082
IRS990ScheduleA/TotalSupportAmt03003008
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/BuildingsGrp/BookValueAmt02664423
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02527653
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05192076
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0161043
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0168976
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt07933
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0166569
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0161043
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt09500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03974
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0104179
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0166569
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012390
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt056705
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0104179
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2526
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt055859
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt056705
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0846
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0689
IRS990ScheduleD/DonatedServicesUseFcltsAmt0689
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt026666
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0604635

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$2,987,996
Liabilities
$2,185,755
Net assets
$802,241
Revenue
$5,177,510
Expenses
$5,421,775
Net income
-$244,265
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$1.67$1.31$4.67$5.19$0.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.63$1.84$1.79$4.77$4.41$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$1.41$1.42$4.45$4.14$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$2.04$1.14$4.02$3.93$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$2.26$1.03$5.15$4.91$0.24
2019Detailed filing. Detailed filing data is available for this year.$2.99$2.19$0.80$5.18$5.42$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$2.17$1.04$6.00$6.14$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.50$2.32$1.18$5.94$5.96$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.47$2.28$1.19$6.02$6.10$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.69$2.41$1.28$5.66$5.87$0.21
2014Detailed filing. Detailed filing data is available for this year.$3.72$2.24$1.49$5.68$6.05$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$2.22$1.85$5.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$2.26$2.05$5.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$1.73$2.30$4.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$1.56$2.87$3.64