Civic Intelligence

Frederick Classical Charter School Inc.

990 • Fiscal year 2023 • EIN 27-1731811

Jul 01, 2022 to Jun 30, 2023 • Filed on May 01, 2024

8445 Spires Way CCFrederick, MD 21701

(240) 236-1200

Siviq Scores

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

Liabilities / Assets

84th percentile

0.60x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.69x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

51st percentile

4.4%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

97th percentile

168%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

3.5%

Faster revenue growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,551,134

Up $3,481,453 (+168%) from 2022

Net Assets

Up

$2,197,690

Up $215,833 (+11%) from 2022

Liabilities

Up

$3,353,444

Up $3,265,620 (+3718%) from 2022

Revenue

Up

$4,883,639

Up $166,289 (+3.5%) from 2022

Expenses

Up

$4,667,806

Up $141,639 (+3.1%) from 2022

Net Income

Up

$215,833

Up $24,650 (+13%) from 2022

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

2023

Assets$5,551,134
Liabilities$3,353,444
Net Assets$2,197,690

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

2023

Revenue$4,883,639
Expenses$4,667,806
Net Income$215,833
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 1, 2024
Return Version
2022v5.0
Gross Receipts
$4,883,639
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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,363,517$1,771,522▲ $408,005
Cash and Non-Interest-Bearing Accounts$598,987$491,650▼ $107,337
Land, Buildings, and Equipment, Net$91,397$136,318▲ $44,921
Prepaid Expenses and Deferred Charges$15,780$78,445▲ $62,665
Accounts Receivable-$2,064-
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$2,069,681$5,551,134▲ $3,481,453
Other Assets Total-$3,071,135-
Liabilities
Other Liabilities-$3,119,006-
Accounts Payable and Accrued Expenses$87,824$234,438▲ $146,614
Total Liabilities$87,824$3,353,444▲ $3,265,620
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,981,857$2,197,690▲ $215,833
Total Net Assets Fund Balance$1,981,857$2,197,690▲ $215,833
Total Liabilities and Net Assets / Fund Balance$2,069,681$5,551,134▲ $3,481,453

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$31,177$354,575$385,752
Equipment$97,683$84,692$182,375
Other Land Buildings$7,458$142,446$149,904
Other Assets Org$3,071,135--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nkechi Ileka-AdeoyeFmr. President
Debbie ShoffnerPresident
Dr Lei SunVice President
Danielle TraceyDirector
Robert WellsDirector
Salimeh KhaleeliDirector
Carla StevensFmr. Director
John FunderburkFmr. Director
Thomas OliveroFmr. Director
Debbie NnamekaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$492,546
Program Service Revenue
$4,326,113
Investment Income
$44,362
Other Revenue
$20,618
All Other Contributions
$5,193
Change in Net Assets
$215,833

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,883,639
Revenue Not Reported on Form 990
$3,705
Total Revenue per Audited Statements
$4,887,344
Total Revenue per Form 990
$4,883,639
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,405,552
Other Expenses$1,262,254
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,257,144$523,228-$2,780,372
Occupancy$773,754$76,114-$849,868
Other Employee Benefits$266,867$43,986-$310,853
Payroll Taxes$155,745$25,670-$181,415
Pension Plan Contributions$114,105$18,807-$132,912
Fees for Services Legal-$102,523-$102,523
Fees for Services Accounting-$53,582-$53,582
Depreciation Depletion$49,137$2,586-$51,723
Insurance$23,164$3,818-$26,982
Fees for Services Other-$23,720-$23,720
Other Expenses$2,317$17,555-$19,872
Advertising-$2,921-$2,921
Total Functional Expenses$3,769,939$897,867$0$4,667,806

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,671,511
Expenses per Audited Statements$4,667,806
Total Expenses per Form 990$4,667,806
Expenses Not Reported on Form 990$3,705
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,539
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
Lease payable$3,119,006
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, Section B, Line 11B

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

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

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, Section C, Line 19

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 CC, Frederick, MD 21701

Signing Officer

Name
Debbie Shoffner
Title
President
Signed
2024-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbie Shoffner
Formed
2010
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
68

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 468 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/BOYAmt087824
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0234438
IRS990/AccountsReceivableGrp/EOYAmt02064
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide elementary and middle school-aged children in Frederick County with a well-rounded, college-focused instructional program that develops students' knowledge, reason, and self-expression
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02921
IRS990/AdvertisingGrp/TotalAmt02921
IRS990/AllOtherContributionsAmt05193
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/BOYAmt0598987
IRS990/CashNonInterestBearingGrp/EOYAmt0491650
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/CYContributionsGrantsAmt0492546
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt044362
IRS990/CYOtherExpensesAmt01262254
IRS990/CYOtherRevenueAmt020618
IRS990/CYProgramServiceRevenueAmt04326113
IRS990/CYRevenuesLessExpensesAmt0215833
IRS990/CYSalariesCompEmpBnftPaidAmt03405552
IRS990/CYTotalExpensesAmt04667806
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04883639
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02586
IRS990/DepreciationDepletionGrp/ProgramServicesAmt049137
IRS990/DepreciationDepletionGrp/TotalAmt051723
IRS990/Desc0Public Charter School
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03769939
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt053582
IRS990/FeesForServicesAccountingGrp/TotalAmt053582
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0102523
IRS990/FeesForServicesLegalGrp/TotalAmt0102523
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt023720
IRS990/FeesForServicesOtherGrp/TotalAmt023720
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/AverageHoursPerWeekRltdOrgRt90.00
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/AverageHoursPerWeekRt920.00
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/IndividualTrusteeOrDirectorInd9X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Nkechi Ileka-Adeoye
IRS990/Form990PartVIISectionAGrp/PersonNm1Debbie Shoffner
IRS990/Form990PartVIISectionAGrp/PersonNm2Dr Lei Sun
IRS990/Form990PartVIISectionAGrp/PersonNm3Danielle Tracey
IRS990/Form990PartVIISectionAGrp/PersonNm4John Funderburk
IRS990/Form990PartVIISectionAGrp/PersonNm5Debbie Nnameka
IRS990/Form990PartVIISectionAGrp/PersonNm6Carla Stevens
IRS990/Form990PartVIISectionAGrp/PersonNm7Thomas Olivero
IRS990/Form990PartVIISectionAGrp/PersonNm8Salimeh Khaleeli
IRS990/Form990PartVIISectionAGrp/PersonNm9Robert Wells
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt90
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Fmr. President
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Fmr. Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Fmr. Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Fmr. Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingGrossIncomeAmt05539
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0487353
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04883639
IRS990/GrossRentsGrp/RealAmt013933
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03818
IRS990/InsuranceGrp/ProgramServicesAmt023164
IRS990/InsuranceGrp/TotalAmt026982
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt044362
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044362
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0581713
IRS990/LandBldgEquipBasisNetGrp/BOYAmt091397
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0136318
IRS990/LandBldgEquipCostOrOtherBssAmt0718031
IRS990/LegalDomicileStateCd0MD
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 students' knowledge, reason, and self-expression
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01981857
IRS990/NetAssetsOrFundBalancesEOYAmt02197690
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05539
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt013933
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt013933
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01981857
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02197690
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt076114
IRS990/OccupancyGrp/ProgramServicesAmt0773754
IRS990/OccupancyGrp/TotalAmt0849868
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt03071135
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt043986
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0266867
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0310853
IRS990/OtherExpensesGrp/Desc0Supplies/curriculum
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0937
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12420
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217555
IRS990/OtherExpensesGrp/ProgramServicesAmt081717
IRS990/OtherExpensesGrp/ProgramServicesAmt145989
IRS990/OtherExpensesGrp/ProgramServicesAmt22317
IRS990/OtherExpensesGrp/TotalAmt082654
IRS990/OtherExpensesGrp/TotalAmt148409
IRS990/OtherExpensesGrp/TotalAmt219872
IRS990/OtherLiabilitiesGrp/EOYAmt03119006
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01146
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01146
IRS990/OtherRevenueTotalAmt01146
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0523228
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02257144
IRS990/OtherSalariesAndWagesGrp/TotalAmt02780372
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025670
IRS990/PayrollTaxesGrp/ProgramServicesAmt0155745
IRS990/PayrollTaxesGrp/TotalAmt0181415
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt018807
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0114105
IRS990/PensionPlanContributionsGrp/TotalAmt0132912
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015780
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt078445
IRS990/PrincipalOfficerNm0Debbie Shoffner
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Per pupil revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04326113
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04326113
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0631642
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02653
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01330061
IRS990/PYOtherRevenueAmt031938
IRS990/PYProgramServiceRevenueAmt04051117
IRS990/PYRevenuesLessExpensesAmt0191183
IRS990/PYSalariesCompEmpBnftPaidAmt03196106
IRS990/PYTotalExpensesAmt04526167
IRS990/PYTotalRevenueAmt04717350
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0215833
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt013933
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04326113
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01363517
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01771522
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt03705
IRS990ScheduleD/DonatedServicesUseFcltsAmt03705
IRS990ScheduleD/EquipmentGrp/BookValueAmt097683
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084692
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0182375
IRS990ScheduleD/ExpensesNotReportedAmt03705
IRS990ScheduleD/ExpensesSubtotalAmt04667806
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt031177
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0354575
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0385752
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03071135
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right-of-use asset
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07458
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0142446
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0149904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03119006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease payable
IRS990ScheduleD/RevenueNotReportedAmt03705
IRS990ScheduleD/RevenueSubtotalAmt04883639
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/TotalBookValueLandBuildingsAmt0136318
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03071135
IRS990ScheduleD/TotalExpensesPerForm990Amt04667806
IRS990ScheduleD/TotalLiabilityAmt03119006
IRS990ScheduleD/TotalRevenuePerForm990Amt04883639
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04887344
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04671511
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02069681
IRS990/TotalAssetsEOYAmt05551134
IRS990/TotalAssetsGrp/BOYAmt02069681
IRS990/TotalAssetsGrp/EOYAmt05551134

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
2023Detailed filing. Detailed filing data is available for this year.$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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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