Civic Intelligence

The Masters School Inc.

990 • Fiscal year 2020 • EIN 23-7016084

Jul 01, 2019 to Jun 30, 2020 • Filed on May 10, 2021

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

84th percentile

0.69x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.44x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

50th percentile

4.6%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

64th percentile

$155,141

Higher top officer pay than 64% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

59th percentile

10.0%

Faster asset growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-0.6%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$3,285,619

Up $297,623 (+10.0%) from 2019

Net Assets

Up

$1,027,145

Up $224,904 (+28%) from 2019

Liabilities

Up

$2,258,474

Up $72,719 (+3.3%) from 2019

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin50th percentile

Revenue

Down

$5,147,869

Down $29,641 (-0.6%) from 2019

Expenses

Down

$4,910,909

Down $510,866 (-9.4%) from 2019

Net Income

Up

$236,960

Up $481,225 (+197%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2020

Assets$3,285,619
Liabilities$2,258,474
Net Assets$1,027,145
Open 2020 Filing

Operations Trend

Revenue Growth44th 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

2020

Revenue$5,147,869
Expenses$4,910,909
Net Income$236,960
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 10, 2021
Return Version
2019v5.2
Gross Receipts
$5,258,038
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 with the framework of a Biblical worldview.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,726,914$2,590,666▼ $136,248
Savings and Temporary Cash Investments$30,240$217,263▲ $187,023
Cash and Non-Interest-Bearing Accounts$7,377$209,337▲ $201,960
Investments in Publicly Traded Securities$110,985$161,671▲ $50,686
Loans From Officers Directors$68,780--
Accounts Receivable$33,718$66,117▲ $32,399
Investments Other Securities$58,962$20,177▼ $38,785
Pledges and Grants Receivable$9,000$6,000▼ $3,000
Prepaid Expenses and Deferred Charges$1,300$4,888▲ $3,588
Total Assets$2,987,996$3,285,619▲ $297,623
Other Assets Total$9,500$9,500→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,004,845$1,232,416▲ $227,571
Unsecured Notes Loans Payable-$476,400-
Accounts Payable and Accrued Expenses$432,557$309,012▼ $123,545
Deferred Revenue$679,573$240,646▼ $438,927
Total Liabilities$2,185,755$2,258,474▲ $72,719
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$567,454$770,534▲ $203,080
Net Assets With Donor Restrictions$234,787$256,611▲ $21,824
Total Net Assets Fund Balance$802,241$1,027,145▲ $224,904
Total Liabilities and Net Assets / Fund Balance$2,987,996$3,285,619▲ $297,623

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,513,444$2,688,542$5,201,986
Equipment$42,256$549,938$592,194
Other Land Buildings$1,156$143,693$144,849
Land$33,810-$33,810

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$168,976-▲ $12,045-$181,021
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
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raymond P LaganHead of SchoolFT$93,336$61,805$155,141

Board Members and Trustees

NameTitle
Kathryn KayPresident
David HoufVice President
Julie VolpeTrustee
Robert EkstromTrustee
Rob CaiazeTrustee (part year)
Robert GraySecretary
Karen ReidSecretary (part year)
Todd ShelanskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,080,359
Program Service Revenue
$3,971,539
Investment Income
$25,977
Other Revenue
$69,994
All Other Contributions
$1,004,438
Change in Net Assets
$236,960

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$40,083Selling price
Other Non Cash Contri Table1$14,390Comparable items
Other Non Cash Contri Table4$754Cost
Total Noncash Contributions7$55,227-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,947,524
Revenue Not Reported on Financial Statements
$1,200,345
Revenue Not Reported on Form 990
$-1,998
Other Revenue Adjustments
$1,198,559
Total Revenue per Audited Statements
$3,945,526
Total Revenue per Form 990
$5,147,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,652,133
Grants and Similar Amounts Paid$1,198,559
Other Expenses$1,060,217
Total Fundraising Expense$198,526
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,629,460$245,331$105,390$1,980,181
Grants to Domestic Individuals$1,198,559--$1,198,559
Other Employee Benefits$349,705$4,970$11,827$366,502
Occupancy$251,818$31,123-$282,941
Information Technology$151,925$75,368-$227,293
Depreciation Depletion$149,786$18,513-$168,299
Current Officers, Directors, Trustees, and Key Employees-$89,229$68,873$158,102
Payroll Taxes$115,640$21,259$10,449$147,348
Interest$68,060--$68,060
All Other Expenses$42,591$9$1,987$44,587
Other Expenses$27,342$33,993-$27,342
Office Expenses$23,042--$23,042
Fees for Services Accounting-$22,850-$22,850
Fees for Services Other-$15,740-$15,740
Travel$14,937--$14,937
Fees for Services Legal$3,495--$3,495
Advertising$3,159--$3,159
Fees for Service Investment Mgmnt Fees-$1,786-$1,786
Total Functional Expenses$4,152,212$560,171$198,526$4,910,909

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,910,909
Total Expenses per Audited Statements$3,720,622
Expenses per Audited Statements$3,710,564
Expenses Not Reported on Financial Statements$1,200,345
Other Expense Adjustments$1,198,559
Expenses Not Reported on Form 990$10,058
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,671
Fundraising Direct Expenses$9,698
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$33,397$9,656$1,004$8,652
Gala Event$53,195$1,015-$1,015
Total Events$86,592$10,671$9,698$973
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$68,780--
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
No
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 filing with the IRS.”

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

“The governing documents, conflict of interest policy and financial statements are available 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
Todd Shelansky
Title
Treasurer
Phone
8606519361
Signed
2021-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond P Lagan
Formed
1970
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
6
Employees
86
Volunteers
30

Preparer

Firm
Capin Crouse LLP
Address
1330 Avenue of the Americas Suite, 23A, New York, NY 10019
Preparer
Sara Tibbott
Phone
5055022746
Supplemental Narrative

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 6/30/2020. 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 7,679.”

Part XI, Line 4B - Other Adjustments:

“Financial Aid 1,198,559.”

Part XII, Line 2D - Other Adjustments:

“Rental Expense 7,679.”

Part XII, Line 4B - Other Adjustments:

“Financial Aid 1,198,559.”

Raw XML AppendixShowing 400 of 647 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/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt075921
IRS990/FundraisingDirectExpensesAmt09698
IRS990/FundraisingGrossIncomeAmt010671
IRS990/GainOrLossGrp/SecuritiesAmt021710
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01198559
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01198559
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01198559
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0114502
IRS990/GrossReceiptsAmt05258038
IRS990/GrossRentsGrp/RealAmt034243
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt075368
IRS990/InformationTechnologyGrp/ProgramServicesAmt0151925
IRS990/InformationTechnologyGrp/TotalAmt0227293
IRS990/InterestGrp/ProgramServicesAmt068060
IRS990/InterestGrp/TotalAmt068060
IRS990/InvestmentIncomeGrp/ExclusionAmt04267
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04267
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt058962
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt020177
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0110985
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0161671
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03382173
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02726914
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02590666
IRS990/LandBldgEquipCostOrOtherBssAmt05972839
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt092792
IRS990/LessRentalExpensesGrp/RealAmt07679
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt068780
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0794
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0794
IRS990/MissionDesc0The Master's School glorifies Jesus Christ by providing an excellent education in a supportive environment in order to equip students to impact the world for Christ both now and in the future.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01004845
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01232416
IRS990/NetAssetsOrFundBalancesBOYAmt0802241
IRS990/NetAssetsOrFundBalancesEOYAmt01027145
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt021710
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021710
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0973
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0973
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt026564
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt026564
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-12056
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0567454
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0770534
IRS990/NoncashContributionsAmt055227
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt031123
IRS990/OccupancyGrp/ProgramServicesAmt0251818
IRS990/OccupancyGrp/TotalAmt0282941
IRS990/OfficeExpensesGrp/ProgramServicesAmt023042
IRS990/OfficeExpensesGrp/TotalAmt023042
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09500
IRS990/OtherAssetsTotalGrp/EOYAmt09500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt011827
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04970
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0349705
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0366502
IRS990/OtherExpensesGrp/Desc0Student Programs
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/Desc2Books & Supplies
IRS990/OtherExpensesGrp/Desc3Dining Hall
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033993
IRS990/OtherExpensesGrp/ProgramServicesAmt088969
IRS990/OtherExpensesGrp/ProgramServicesAmt133724
IRS990/OtherExpensesGrp/ProgramServicesAmt227342
IRS990/OtherExpensesGrp/TotalAmt088969
IRS990/OtherExpensesGrp/TotalAmt133993
IRS990/OtherExpensesGrp/TotalAmt233724
IRS990/OtherExpensesGrp/TotalAmt327342
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Insurance proceeds
IRS990/OtherRevenueMiscGrp/ExclusionAmt041663
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt041663
IRS990/OtherRevenueTotalAmt042457
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0105390
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0245331
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01629460
IRS990/OtherSalariesAndWagesGrp/TotalAmt01980181
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010449
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021259
IRS990/PayrollTaxesGrp/ProgramServicesAmt0115640
IRS990/PayrollTaxesGrp/TotalAmt0147348
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt09000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04888
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/RelatedOrExemptFuncIncomeAmt03862662
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152853
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25342
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03862662
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25342
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0430715
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01225521
IRS990/PYInvestmentIncomeAmt08375
IRS990/PYOtherExpensesAmt01104183
IRS990/PYOtherRevenueAmt071140
IRS990/PYProgramServiceRevenueAmt04667280
IRS990/PYRevenuesLessExpensesAmt0-244265
IRS990/PYSalariesCompEmpBnftPaidAmt03092071
IRS990/PYTotalExpensesAmt05421775
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05177510
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0236960
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt026564
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03972333
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030240
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0217263
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Fundraising events - 2015 Amount: $ 25,221. 2016 Amount: $ 40,298. 2017 Amount: $ 46,679. 2018 Amount: $ 23,398. 2019 Amount: $ 10,671. Other income - 2015 Amount: $ 72,994. 2016 Amount: $ 80,083. 2017 Amount: $ 96,314. 2018 Amount: $ 56,073. 2019 Amount: $ 42,457.
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/CurrentTaxYearAmt01080359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0430715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0528574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0411026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0479982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02930656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt038510
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt034055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037929
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032385
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020744
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0163623
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024855950
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt053128
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt079471
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0142993
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0120381
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt098215
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0494188
IRS990ScheduleA/PublicSupportCY170Pct00.63980
IRS990ScheduleA/PublicSupportPY170Pct00.62280
IRS990ScheduleA/PublicSupportTotal170Amt02295788
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/SubstantialContributorsTotAmt0634868
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01080359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0430715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0528574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0411026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0479982
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02930656
IRS990ScheduleA/TotalSupportAmt03588467
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/BookValueAmt02513444
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02688542
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05201986
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0168976
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0181021
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt012045
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0161043
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0168976
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07933
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0166569
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0161043
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt09500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03974
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0104179
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0166569
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012390
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt056705
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0104179
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2526
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt02379
IRS990ScheduleD/DonatedServicesUseFcltsAmt02379
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,285,619
Liabilities
$2,258,474
Net assets
$1,027,145
Revenue
$5,147,869
Expenses
$4,910,909
Net income
$236,960
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
2020Detailed filing. Detailed filing data is available for this year.$3.29$2.26$1.03$5.15$4.91$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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