Civic Intelligence

Living Stones Academy

990 • Fiscal year 2016 • EIN 27-1110309

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 19, 2016

Organization ProfileWWW.LIVINGSTONESGR.ORG
1415 Lyon NEGrand Rapids, MI 49503

(616) 803-9654

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.96x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.83x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

57th percentile

5.5%

Higher net margin than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$632,463

Up $67,514 (+12%) from 2015

Net Assets

Up

$27,793

Up $39,526 (+337%) from 2015

Liabilities

Up

$604,670

Up $27,988 (+4.9%) from 2015

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin57th percentile

Revenue

Up

$724,905

Up $102,482 (+16%) from 2015

Expenses

Up

$685,379

Up $9,012 (+1.3%) from 2015

Net Income

Up

$39,526

Up $93,470 (+173%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $34,446Liabilities 2011: $5,417Net Assets 2011: $29,0292011Assets 2012: $9,943Liabilities 2012: $10,877Net Assets 2012: -$9342012Assets 2013: $18,811Liabilities 2013: $9,233Net Assets 2013: $9,5782013Assets 2015: $564,949Liabilities 2015: $576,682Net Assets 2015: -$11,7332015Assets 2016: $632,463Liabilities 2016: $604,670Net Assets 2016: $27,7932016Assets 2017: $1,273,447Liabilities 2017: $150,128Net Assets 2017: $1,123,3192017Assets 2018: $1,942,478Liabilities 2018: $117,054Net Assets 2018: $1,825,4242018Assets 2019: $1,939,092Liabilities 2019: $115,098Net Assets 2019: $1,823,9942019Assets 2020: $2,174,108Liabilities 2020: $310,044Net Assets 2020: $1,864,0642020Assets 2021: $3,554,647Liabilities 2021: $195,047Net Assets 2021: $3,359,6002021Assets 2022: $4,698,370Liabilities 2022: $65,019Net Assets 2022: $4,633,3512022Assets 2023: $7,064,549Liabilities 2023: $189,999Net Assets 2023: $6,874,5502023Assets 2024: $7,214,307Liabilities 2024: $243,015Net Assets 2024: $6,971,2922024

Highlighted filing

2016

Assets$632,463
Liabilities$604,670
Net Assets$27,793
Open 2016 Filing

Operations Trend

Revenue Growth71st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $308,1372011Expenses 2012: $435,1572012Revenue 2013: $490,521Expenses 2013: $480,013Net Income 2013: $10,5082013Revenue 2015: $622,423Expenses 2015: $676,367Net Income 2015: -$53,9442015Revenue 2016: $724,905Expenses 2016: $685,379Net Income 2016: $39,5262016Revenue 2017: $1,986,379Expenses 2017: $890,853Net Income 2017: $1,095,5262017Revenue 2018: $1,658,125Expenses 2018: $956,020Net Income 2018: $702,1052018Revenue 2019: $1,141,668Expenses 2019: $1,143,098Net Income 2019: -$1,4302019Revenue 2020: $1,411,567Expenses 2020: $1,371,497Net Income 2020: $40,0702020Revenue 2021: $3,075,271Expenses 2021: $1,579,735Net Income 2021: $1,495,5362021Revenue 2022: $3,153,836Expenses 2022: $1,880,084Net Income 2022: $1,273,7522022Revenue 2023: $4,443,123Expenses 2023: $2,176,924Net Income 2023: $2,266,1992023Revenue 2024: $2,566,313Expenses 2024: $2,469,571Net Income 2024: $96,7422024

Highlighted filing

2016

Revenue$724,905
Expenses$685,379
Net Income$39,526
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 19, 2016
Return Version
2015v2.1
Gross Receipts
$724,905
Mission and Program Overview

Mission

To be an accessible, faith-based, neighborhood school that strives to work together as a community to provide a transformational education for children in grades pk-6 with an emphasis on academic achievement and a goal to reflect the racial and socioeconomic diversity of the city

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$492,934$494,489▲ $1,555
Cash and Non-Interest-Bearing Accounts$58,726$101,817▲ $43,091
Loans From Officers Directors$50,000$50,000→ $0
Prepaid Expenses and Deferred Charges$4,249$24,031▲ $19,782
Accounts Receivable$2,040$11,126▲ $9,086
Pledges and Grants Receivable$6,850$1,000▼ $5,850
Total Assets$564,949$632,463▲ $67,514
Other Assets Total$150--
Liabilities
Unsecured Notes Loans Payable$445,303$468,057▲ $22,754
Other Liabilities$63,988$68,402▲ $4,414
Deferred Revenue$14,160$17,040▲ $2,880
Accounts Payable and Accrued Expenses$3,231$1,171▼ $2,060
Total Liabilities$576,682$604,670▲ $27,988
Net Assets / Fund Balance
Unrestricted Net Assets$-12,733$24,782▲ $37,515
Temporarily Rstr Net Assets$1,000$3,011▲ $2,011
Total Net Assets Fund Balance$-11,733$27,793▲ $39,526
Total Liabilities and Net Assets / Fund Balance$564,949$632,463▲ $67,514

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$386,462$22,003-
Land$56,250--
Equipment$51,777$6,346-
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Patricia BorgdorffPresident
Jeremy DerooBoard Member
Liliane TchuenteBoard Member
Michael RemoBoard Member
Peter BoumgardenBoard Member
Rachel SwierengaSecretary
Melissa WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$271,349
Program Service Revenue
$453,556
Investment Income
$0
Other Revenue
$0
All Other Contributions
$271,349
Change in Net Assets
$39,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$724,905
Total Revenue per Audited Statements
$724,905
Total Revenue per Form 990
$724,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$462,839
Other Expenses$222,540
Total Fundraising Expense$29,339
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$300,605$80,932$3,854$385,391
Other Expenses$71,322$1,387-$72,709
Other Employee Benefits$23,461$8,789$938$33,188
Payroll Taxes$23,643$6,678$359$30,680
Occupancy$26,877$1,415-$28,292
Office Expenses$2,199$7,801$13,383$23,383
Fees for Services Accounting-$23,150-$23,150
Interest$21,616$1,138-$22,754
Depreciation Depletion$14,511$763-$15,274
Pension Plan Contributions$9,506$3,667$407$13,580
Fees for Services Other$130-$10,170$10,300
Insurance$8,242$434-$8,676
Information Technology$7,039$367-$7,406
Travel-$4,328$228$4,556
Advertising-$2,257-$2,257
Conferences and Meetings$718--$718
Total Functional Expenses$512,934$143,106$29,339$685,379

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$685,379
Total Expenses per Audited Statements$685,379
Total Expenses per Form 990$685,379
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
Aaron JonkerFormer Board PresidentLoan to Organization for Building PurchaseNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,000$50,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Payroll Taxes Whld$68,402
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
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 governing body review Part VI line 11

“Draft of 990 sent to board members for review and comment prior to filing”

CEO executive director top management comp Part VI line 15A

“Our compensation was determined by a review of other christian schools in the region, consultation with christian schools international of which we are a member, and, on a case-by-case basis compensation must fall within guidelines established by the board. Compensation is reviewed annually during the budgeting process and approved by the board of directors.”

Other officer or key employee compensation Part VI line 15B

“Our compensation was determined by a review of other christian schools in the region, consultation with christian schools international of which we are a member, and, on a case-by-case basis compensation must fall within guidelines established by the board. Compensation is reviewed annually during the budgeting process and approved by the board of directors.”

Governing documents etc available to public Part VI line 19

“990 and governing documents available to the public upon reqest”

Filing and Contact Details

Filer

Filer Name
Living Stones Academy
EIN
27-1110309
Address
1415 LYON NE, GRAND RAPIDS, MI 49503

Signing Officer

Name
Melissa Williams
Title
Treasurer
Phone
6168039654
Signed
2016-10-19
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
23

Preparer

Firm
Eastown Financial Services Inc
Address
1514 WEALTHY ST SE SUITE 226, GRAND RAPIDS, MI 49506
Preparer
Andrew Bos
Phone
6162339773
Raw XML AppendixShowing 400 of 418 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/BOYAmt03231
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01171
IRS990/AccountsReceivableGrp/BOYAmt02040
IRS990/AccountsReceivableGrp/EOYAmt011126
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO BE AN ACCESSIBLE, FAITH-BASED, NEIGHBORHOOD SCHOOL THAT STRIVES TO WORK TOGETHER AS A COMMUNITY TO PROVIDE A TRANSFORMATIONAL EDUCATION FOR CHILDREN IN GRADES PK-6 WITH AN EMPHASIS ON ACADEMIC ACHIEVEMENT AND A GOAL TO REFLECT THE RACIAL AND SOCIOECONOMIC DIVERSITY OF THE CITY
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02257
IRS990/AdvertisingGrp/TotalAmt02257
IRS990/AllOtherContributionsAmt0271349
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MELISSA WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum06168039654
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01415 LYON NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049503
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt058726
IRS990/CashNonInterestBearingGrp/EOYAmt0101817
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0718
IRS990/ConferencesMeetingsGrp/TotalAmt0718
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0271349
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0222540
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0453556
IRS990/CYRevenuesLessExpensesAmt039526
IRS990/CYSalariesCompEmpBnftPaidAmt0462839
IRS990/CYTotalExpensesAmt0685379
IRS990/CYTotalFundraisingExpenseAmt029339
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0724905
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt014160
IRS990/DeferredRevenueGrp/EOYAmt017040
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0763
IRS990/DepreciationDepletionGrp/ProgramServicesAmt014511
IRS990/DepreciationDepletionGrp/TotalAmt015274
IRS990/Desc0OPERATION OF AN AFFORDABLE FAITH BASED SCHOOL THAT REFLECTS THE RACIAL AND SOCIOECONOMIC DIVERSITY OF GRAND RAPIDS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0512934
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023150
IRS990/FeesForServicesAccountingGrp/TotalAmt023150
IRS990/FeesForServicesOtherGrp/FundraisingAmt010170
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0130
IRS990/FeesForServicesOtherGrp/TotalAmt010300
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0true
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt58.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PETER BOUMGARDEN
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL REMO
IRS990/Form990PartVIISectionAGrp/PersonNm2JEREMY DEROO
IRS990/Form990PartVIISectionAGrp/PersonNm3LILIANE TCHUENTE
IRS990/Form990PartVIISectionAGrp/PersonNm4MELISSA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICIA BORGDORFF
IRS990/Form990PartVIISectionAGrp/PersonNm6RACHEL SWIERENGA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0724905
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0367
IRS990/InformationTechnologyGrp/ProgramServicesAmt07039
IRS990/InformationTechnologyGrp/TotalAmt07406
IRS990/InsuranceGrp/ManagementAndGeneralAmt0434
IRS990/InsuranceGrp/ProgramServicesAmt08242
IRS990/InsuranceGrp/TotalAmt08676
IRS990/InterestGrp/ManagementAndGeneralAmt01138
IRS990/InterestGrp/ProgramServicesAmt021616
IRS990/InterestGrp/TotalAmt022754
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt028349
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0492934
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0494489
IRS990/LandBldgEquipCostOrOtherBssAmt0522838
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt050000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt050000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO BE AN ACCESSIBLE, FAITH-BASED, NEIGHBORHOOD SCHOOL THAT STRIVES TO WORK TOGETHER AS A COMMUNITY TO PROVIDE A TRANSFORMATIONAL EDUCATION FOR CHILDREN IN GRADES PK-6 WITH AN EMPHASIS ON ACADEMIC ACHIEVEMENT AND A GOAL TO REFLECT THE RACIAL AND SOCIOECONOMIC DIVERSITY OF THE CITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-11733
IRS990/NetAssetsOrFundBalancesEOYAmt027793
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01415
IRS990/OccupancyGrp/ProgramServicesAmt026877
IRS990/OccupancyGrp/TotalAmt028292
IRS990/OfficeExpensesGrp/FundraisingAmt013383
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07801
IRS990/OfficeExpensesGrp/ProgramServicesAmt02199
IRS990/OfficeExpensesGrp/TotalAmt023383
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0150
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0938
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08789
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023461
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033188
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01387
IRS990/OtherExpensesGrp/ProgramServicesAmt03065
IRS990/OtherExpensesGrp/ProgramServicesAmt171322
IRS990/OtherExpensesGrp/TotalAmt03065
IRS990/OtherExpensesGrp/TotalAmt172709
IRS990/OtherLiabilitiesGrp/BOYAmt063988
IRS990/OtherLiabilitiesGrp/EOYAmt068402
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03854
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt080932
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0300605
IRS990/OtherSalariesAndWagesGrp/TotalAmt0385391
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0359
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06678
IRS990/PayrollTaxesGrp/ProgramServicesAmt023643
IRS990/PayrollTaxesGrp/TotalAmt030680
IRS990/PensionPlanContributionsGrp/FundraisingAmt0407
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03667
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09506
IRS990/PensionPlanContributionsGrp/TotalAmt013580
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06850
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04249
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024031
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND ENROLLMENT
IRS990/ProgramServiceRevenueGrp/Desc1LESS DISCOUNTS GRANTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0710428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1-256872
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0710428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1-256872
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt039526
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0453556
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0386462
IRS990ScheduleD/BuildingsGrp/DepreciationAmt022003
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0408465
IRS990ScheduleD/EquipmentGrp/BookValueAmt051777
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06346
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt058123
IRS990ScheduleD/ExpensesSubtotalAmt0685379
IRS990ScheduleD/LandGrp/BookValueAmt056250
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt056250
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MEIJER GIFT CARDS SCRIP PROGRAM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068402
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL PAYROLL TAXES WHLD
IRS990ScheduleD/RevenueSubtotalAmt0724905
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0494489
IRS990ScheduleD/TotalExpensesPerForm990Amt0685379
IRS990ScheduleD/TotalLiabilityAmt068402
IRS990ScheduleD/TotalRevenuePerForm990Amt0724905
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0724905
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0685379
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/ExplanationTxt0NONDISCRIMINATION POLICY BROADCAST THROUGH THE MISSION STATEMENT OF THE SCHOOL WHICH IS WRITTEN ON ALL MARKETING AND WEB PUBLICATIONS AND PUBLISHED IN THE GRAND RAPIDS PRESS NEWSPAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0AARON JONKER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FORMER BOARD PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN TO ORGANIZATION FOR BUILDING PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0BUILDING PURCHASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0AARON JONKER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FORMER BOARD PRES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt050000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT OF 990 SENT TO BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR COMPENSATION WAS DETERMINED BY A REVIEW OF OTHER CHRISTIAN SCHOOLS IN THE REGION, CONSULTATION WITH CHRISTIAN SCHOOLS INTERNATIONAL OF WHICH WE ARE A MEMBER, AND, ON A CASE-BY-CASE BASIS COMPENSATION MUST FALL WITHIN GUIDELINES ESTABLISHED BY THE BOARD. COMPENSATION IS REVIEWED ANNUALLY DURING THE BUDGETING PROCESS AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR COMPENSATION WAS DETERMINED BY A REVIEW OF OTHER CHRISTIAN SCHOOLS IN THE REGION, CONSULTATION WITH CHRISTIAN SCHOOLS INTERNATIONAL OF WHICH WE ARE A MEMBER, AND, ON A CASE-BY-CASE BASIS COMPENSATION MUST FALL WITHIN GUIDELINES ESTABLISHED BY THE BOARD. COMPENSATION IS REVIEWED ANNUALLY DURING THE BUDGETING PROCESS AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03011
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0564949
IRS990/TotalAssetsEOYAmt0632463
IRS990/TotalAssetsGrp/BOYAmt0564949
IRS990/TotalAssetsGrp/EOYAmt0632463
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0271349
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029339
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0143106
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0512934
IRS990/TotalFunctionalExpensesGrp/TotalAmt0685379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0576682
IRS990/TotalLiabilitiesEOYAmt0604670
IRS990/TotalLiabilitiesGrp/BOYAmt0576682
IRS990/TotalLiabilitiesGrp/EOYAmt0604670
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-11733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027793
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0512934
IRS990/TotalProgramServiceRevenueAmt0453556
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0453556
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0724905
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0564949
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0632463
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0228
IRS990/TravelGrp/ManagementAndGeneralAmt04328
IRS990/TravelGrp/TotalAmt04556
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-12733
IRS990/UnrestrictedNetAssetsGrp/EOYAmt024782
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0445303
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0468057
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.LIVINGSTONESGR.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELISSA WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06168039654
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVING STONES ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0LIVI
ReturnHeader/Filer/EIN0271110309

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$632,463
Liabilities
$604,670
Net assets
$27,793
Revenue
$724,905
Expenses
$685,379
Net income
$39,526
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.21$0.24$6.97$2.57$2.47$0.10
2023Detailed filing. Detailed filing data is available for this year.$7.06$0.19$6.87$4.44$2.18$2.27
2022Detailed filing. Detailed filing data is available for this year.$4.70$0.07$4.63$3.15$1.88$1.27
2021Detailed filing. Detailed filing data is available for this year.$3.55$0.20$3.36$3.08$1.58$1.50
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.31$1.86$1.41$1.37$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.94$0.12$1.82$1.14$1.14$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.94$0.12$1.83$1.66$0.96$0.70
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.15$1.12$1.99$0.89$1.10
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.60$0.03$0.72$0.69$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.58$0.01$0.62$0.68$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.49$0.48$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.00$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.01$0.03$0.31