Civic Intelligence

Frederick Classical Charter School Inc.

990 • Fiscal year 2020 • EIN 27-1731811

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

8445 Spires WayFrederick, MD 21701

(240) 236-1200

Siviq Scores

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

Liabilities / Assets

27th percentile

0.04x

Higher debt load relative to assets than 27% of similar nonprofits.

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

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

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

Net Margin

49th percentile

4.1%

Higher net margin than 49% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$6,919

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

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

Asset Growth

53rd percentile

7.0%

Faster asset growth than 53% of similar nonprofits.

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

Revenue Growth

26th percentile

-12%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Up

$1,614,156

Up $105,996 (+7.0%) from 2019

Net Assets

Up

$1,556,811

Up $160,981 (+12%) from 2019

Liabilities

Down

$57,345

Down $54,985 (-49%) from 2019

Revenue

Down

$3,949,047

Down $559,271 (-12%) from 2019

Expenses

Up

$3,788,066

Up $85,632 (+2.3%) from 2019

Net Income

Down

$160,981

Down $644,903 (-80%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $298,161Liabilities 2013: $239,997Net Assets 2013: $58,1642013Assets 2014: $453,644Liabilities 2014: $41,501Net Assets 2014: $412,1432014Assets 2015: $628,341Liabilities 2015: $78,823Net Assets 2015: $549,5182015Assets 2016: $539,641Liabilities 2016: $147,535Net Assets 2016: $392,1062016Assets 2017: $557,099Liabilities 2017: $111,701Net Assets 2017: $445,3982017Assets 2018: $712,274Liabilities 2018: $128,222Net Assets 2018: $584,0522018Assets 2019: $1,508,160Liabilities 2019: $112,330Net Assets 2019: $1,395,8302019Assets 2020: $1,614,156Liabilities 2020: $57,345Net Assets 2020: $1,556,8112020Assets 2021: $1,811,955Liabilities 2021: $21,281Net Assets 2021: $1,790,6742021Assets 2022: $2,069,681Liabilities 2022: $87,824Net Assets 2022: $1,981,8572022Assets 2023: $5,551,134Liabilities 2023: $3,353,444Net Assets 2023: $2,197,6902023Assets 2024: $5,501,034Liabilities 2024: $3,152,235Net Assets 2024: $2,348,7992024

Highlighted filing

2020

Assets$1,614,156
Liabilities$57,345
Net Assets$1,556,811

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $96,392Expenses 2013: $48,829Net Income 2013: $47,5632013Revenue 2014: $2,989,051Expenses 2014: $2,635,072Net Income 2014: $353,9792014Revenue 2015: $2,922,246Expenses 2015: $2,784,871Net Income 2015: $137,3752015Revenue 2016: $3,209,339Expenses 2016: $3,366,751Net Income 2016: -$157,4122016Revenue 2017: $3,409,606Expenses 2017: $3,356,314Net Income 2017: $53,2922017Revenue 2018: $3,571,031Expenses 2018: $3,432,347Net Income 2018: $138,6842018Revenue 2019: $4,508,318Expenses 2019: $3,702,434Net Income 2019: $805,8842019Revenue 2020: $3,949,047Expenses 2020: $3,788,066Net Income 2020: $160,9812020Revenue 2021: $4,093,768Expenses 2021: $3,859,905Net Income 2021: $233,8632021Revenue 2022: $4,717,350Expenses 2022: $4,526,167Net Income 2022: $191,1832022Revenue 2023: $4,883,639Expenses 2023: $4,667,806Net Income 2023: $215,8332023Revenue 2024: $5,535,725Expenses 2024: $5,384,616Net Income 2024: $151,1092024

Highlighted filing

2020

Revenue$3,949,047
Expenses$3,788,066
Net Income$160,981
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 10, 2021
Return Version
2019v5.0
Gross Receipts
$6,240,407
Mission and Program Overview

Mission

To provide elementary and middle school-aged children in Frederick County with a well-rounded, college-focused instructional program that develops student's knowledge, reason, and self-expression

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,018,832$1,228,009▲ $209,177
Accounts Receivable$60,318$193,368▲ $133,050
Land, Buildings, and Equipment, Net$184,593$144,238▼ $40,355
Cash and Non-Interest-Bearing Accounts$232,959$29,943▼ $203,016
Prepaid Expenses and Deferred Charges$11,458$18,598▲ $7,140
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,508,160$1,614,156▲ $105,996
Other Assets Total-$0-
Liabilities
Other Liabilities$92,293$54,826▼ $37,467
Accounts Payable and Accrued Expenses$20,037$2,519▼ $17,518
Total Liabilities$112,330$57,345▼ $54,985
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,395,830$1,556,811▲ $160,981
Total Net Assets Fund Balance$1,395,830$1,556,811▲ $160,981
Total Liabilities and Net Assets / Fund Balance$1,508,160$1,614,156▲ $105,996

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$74,459$216,902$291,361
Other Land Buildings$69,168$126,142$195,310
Equipment$611$76,723$77,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim SummersDirectorPT$6,919$6,919

Board Members and Trustees

NameTitle
Nkechi Ileka-AdeoyePresident
Shelly SmallwoodVice President
Cynthia FletcherDirector
Laura MearsDirector
Paul OrmsbyDirector
Phil AndersonDirector
Allison RizzoSecretary
Jennifer SchneiderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,862
Program Service Revenue
$3,896,386
Investment Income
$9,264
Other Revenue
$35,535
All Other Contributions
$7,862
Change in Net Assets
$160,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,949,047
Revenue Not Reported on Form 990
$81,837
Total Revenue per Audited Statements
$4,030,884
Total Revenue per Form 990
$3,949,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,757,303
Other Expenses$1,030,763
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,862,404$340,748-$2,203,152
Occupancy$631,194$56,311-$687,505
Other Employee Benefits$275,525$30,614-$306,139
Payroll Taxes$140,781$15,642-$156,423
Pension Plan Contributions$82,430$9,159-$91,589
Fees for Services Other$43,140$35,000-$78,140
Depreciation Depletion$68,688$3,615-$72,303
Insurance$21,388$2,376-$23,764
Fees for Services Accounting-$23,568-$23,568
Other Expenses$4,659$12,847-$17,506
Advertising-$871-$871
Fees for Services Legal-$805-$805
Total Functional Expenses$3,254,913$533,153$0$3,788,066

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,869,903
Expenses per Audited Statements$3,788,066
Total Expenses per Form 990$3,788,066
Expenses Not Reported on Form 990$81,837
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,848
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred rent expense$54,826
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
No
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, Line 11B: Form 990 Review Process

The Form 990 is reviewed by the Board of Trustees prior to filing with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers, Directors, Trustees and Key Employees are expected to annually disclose conflicts of interest as part of routine business. Should something arise which would create a conflict, those individuals would recuse themselves from Board votes/actions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available on site upon request.

Filing and Contact Details

Filer

Filer Name
Frederick Classical Charter School Inc
EIN
27-1731811
Phone
2402361200
Address
8445 Spires Way, Frederick, MD 21701

Signing Officer

Name
Nkechi Ileka-Adeoye
Title
President
Signed
2021-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nkechi Ileka-Adeoye
Formed
2010
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
76

Preparer

Firm
KL Hoffman & Company PC
Address
2809 BOSTON ST, BALTIMORE, MD 21224
Preparer
Karen L Hoffman CPA
Phone
4439901005
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Internal Revenue Service has not examined (audited) the previous tax return of the School, thus the previous three (3) years are subject to examination. The School has not taken any questionable tax positions with respect to unrelated business income tax or anything that would jeopardize its 501(c)(3) status.

Raw XML AppendixShowing 400 of 454 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020037
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02519
IRS990/AccountsReceivableGrp/BOYAmt060318
IRS990/AccountsReceivableGrp/EOYAmt0193368
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide elementary and middle school-aged children in Frederick County with a well-rounded, college-focused instructional program that develops student's knowledge, reason, and self-expression
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0871
IRS990/AdvertisingGrp/TotalAmt0871
IRS990/AllOtherContributionsAmt07862
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Management
IRS990/BooksInCareOfDetail/PhoneNum02402361200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08445 Spires Way CC
IRS990/BooksInCareOfDetail/USAddress/CityNm0Frederick
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021701
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0232959
IRS990/CashNonInterestBearingGrp/EOYAmt029943
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07862
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt09264
IRS990/CYOtherExpensesAmt01030763
IRS990/CYOtherRevenueAmt035535
IRS990/CYProgramServiceRevenueAmt03896386
IRS990/CYRevenuesLessExpensesAmt0160981
IRS990/CYSalariesCompEmpBnftPaidAmt02757303
IRS990/CYTotalExpensesAmt03788066
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03949047
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03615
IRS990/DepreciationDepletionGrp/ProgramServicesAmt068688
IRS990/DepreciationDepletionGrp/TotalAmt072303
IRS990/Desc0Public Charter School
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03254913
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023568
IRS990/FeesForServicesAccountingGrp/TotalAmt023568
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0805
IRS990/FeesForServicesLegalGrp/TotalAmt0805
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt035000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt043140
IRS990/FeesForServicesOtherGrp/TotalAmt078140
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
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/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt320.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt420.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt520.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt720.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt820.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Tim Summers
IRS990/Form990PartVIISectionAGrp/PersonNm1Nkechi Ileka-Adeoye
IRS990/Form990PartVIISectionAGrp/PersonNm2Shelly Smallwood
IRS990/Form990PartVIISectionAGrp/PersonNm3Jennifer Schneider
IRS990/Form990PartVIISectionAGrp/PersonNm4Allison Rizzo
IRS990/Form990PartVIISectionAGrp/PersonNm5Paul Ormsby
IRS990/Form990PartVIISectionAGrp/PersonNm6Phil Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm7Cynthia Fletcher
IRS990/Form990PartVIISectionAGrp/PersonNm8Laura Mears
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06919
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingGrossIncomeAmt012848
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02291360
IRS990/GrossReceiptsAmt06240407
IRS990/GrossRentsGrp/RealAmt013796
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02376
IRS990/InsuranceGrp/ProgramServicesAmt021388
IRS990/InsuranceGrp/TotalAmt023764
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt09264
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09264
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0419767
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0184593
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0144238
IRS990/LandBldgEquipCostOrOtherBssAmt0564005
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02291360
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide elementary and middle school-aged children in Frederick County with a well-rounded, college-focused instructional program that develops student's knowledge, reason, and self-expression
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01395830
IRS990/NetAssetsOrFundBalancesEOYAmt01556811
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012848
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt013796
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013796
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01395830
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01556811
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt056311
IRS990/OccupancyGrp/ProgramServicesAmt0631194
IRS990/OccupancyGrp/TotalAmt0687505
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030614
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0275525
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0306139
IRS990/OtherExpensesGrp/Desc0Supplies/curriculum
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0360
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11237
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212847
IRS990/OtherExpensesGrp/ProgramServicesAmt0101208
IRS990/OtherExpensesGrp/ProgramServicesAmt123496
IRS990/OtherExpensesGrp/ProgramServicesAmt24659
IRS990/OtherExpensesGrp/TotalAmt0101568
IRS990/OtherExpensesGrp/TotalAmt124733
IRS990/OtherExpensesGrp/TotalAmt217506
IRS990/OtherLiabilitiesGrp/BOYAmt092293
IRS990/OtherLiabilitiesGrp/EOYAmt054826
IRS990/OtherRevenueMiscGrp/Desc0Student Activity Fees
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08891
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08891
IRS990/OtherRevenueTotalAmt08891
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0340748
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01862404
IRS990/OtherSalariesAndWagesGrp/TotalAmt02203152
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015642
IRS990/PayrollTaxesGrp/ProgramServicesAmt0140781
IRS990/PayrollTaxesGrp/TotalAmt0156423
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09159
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt082430
IRS990/PensionPlanContributionsGrp/TotalAmt091589
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011458
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018598
IRS990/PrincipalOfficerNm0Nkechi Ileka-Adeoye
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Per pupil revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03896386
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03896386
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07733
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08644
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01059296
IRS990/PYOtherRevenueAmt0713983
IRS990/PYProgramServiceRevenueAmt03777958
IRS990/PYRevenuesLessExpensesAmt0805884
IRS990/PYSalariesCompEmpBnftPaidAmt02643138
IRS990/PYTotalExpensesAmt03702434
IRS990/PYTotalRevenueAmt04508318
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0160981
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt013796
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03896386
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01018832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01228009
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt081837
IRS990ScheduleD/DonatedServicesUseFcltsAmt081837
IRS990ScheduleD/EquipmentGrp/BookValueAmt0611
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076723
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077334
IRS990ScheduleD/ExpensesNotReportedAmt081837
IRS990ScheduleD/ExpensesSubtotalAmt03788066
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt074459
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0216902
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0291361
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt069168
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0126142
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0195310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054826
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred rent expense
IRS990ScheduleD/RevenueNotReportedAmt081837
IRS990ScheduleD/RevenueSubtotalAmt03949047
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Internal Revenue Service has not examined (audited) the previous tax return of the School, thus the previous three (3) years are subject to examination. The School has not taken any questionable tax positions with respect to unrelated business income tax or anything that would jeopardize its 501(c)(3) status.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144238
IRS990ScheduleD/TotalExpensesPerForm990Amt03788066
IRS990ScheduleD/TotalLiabilityAmt054826
IRS990ScheduleD/TotalRevenuePerForm990Amt03949047
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04030884
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03869903
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Website
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Receives financial assistance from the government.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by the Board of Trustees prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers, Directors, Trustees and Key Employees are expected to annually disclose conflicts of interest as part of routine business. Should something arise which would create a conflict, those individuals would recuse themselves from Board votes/actions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Available on site upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01508160
IRS990/TotalAssetsEOYAmt01614156
IRS990/TotalAssetsGrp/BOYAmt01508160
IRS990/TotalAssetsGrp/EOYAmt01614156
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07862
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0533153
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03254913
IRS990/TotalFunctionalExpensesGrp/TotalAmt03788066
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$3.15$2.35$5.54$5.38$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$3.35$2.20$4.88$4.67$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.09$1.98$4.72$4.53$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.02$1.79$4.09$3.86$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.06$1.56$3.95$3.79$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.11$1.40$4.51$3.70$0.81
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.13$0.58$3.57$3.43$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.11$0.45$3.41$3.36$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.15$0.39$3.21$3.37$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.08$0.55$2.92$2.78$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.04$0.41$2.99$2.64$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.24$0.06$0.10$0.05$0.05