Civic Intelligence

First State Montessori Academy Inc.

990 • Fiscal year 2019 • EIN 27-3480706

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 20, 2020

Organization ProfileWWW.FIRSTSTATEMONTESSORI.ORG
1000 North French StreetWilmington, DE 19801-3331

(302) 576-1500

Siviq Scores

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

Liabilities / Assets

98th percentile

1.65x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

2.03x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

20th percentile

-8.9%

Higher net margin than 20% of similar nonprofits.

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

Top Officer Pay

67th percentile

$166,058

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

65th percentile

10%

Faster revenue growth than 65% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$9,685,865

Up $1,534,186 (+19%) from 2018

Net Assets

Down

-$6,316,377

Down $700,027 (-12%) from 2018

Liabilities

Up

$16,002,242

Up $2,234,213 (+16%) from 2018

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin20th percentile

Revenue

Up

$7,873,955

Up $724,014 (+10%) from 2018

Expenses

Up

$8,573,982

Up $853,193 (+11%) from 2018

Net Income

Down

-$700,027

Down $129,179 (-23%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$60M$40M$20M$0-$20MAssets 2014: $288,227Liabilities 2014: $0Net Assets 2014: $288,2272014Assets 2015: $1,472,027Liabilities 2015: $335,581Net Assets 2015: $1,136,4462015Assets 2016: $2,627,552Liabilities 2016: $987,866Net Assets 2016: $1,639,6862016Assets 2017: $3,372,559Liabilities 2017: $1,803,275Net Assets 2017: $1,569,2842017Assets 2018: $8,151,679Liabilities 2018: $13,768,029Net Assets 2018: -$5,616,3502018Assets 2019: $9,685,865Liabilities 2019: $16,002,242Net Assets 2019: -$6,316,3772019Assets 2020: $25,895,465Liabilities 2020: $33,385,028Net Assets 2020: -$7,489,5632020Assets 2021: $28,716,404Liabilities 2021: $38,007,794Net Assets 2021: -$9,291,3902021Assets 2022: $29,682,717Liabilities 2022: $40,315,101Net Assets 2022: -$10,632,3842022Assets 2023: $26,634,875Liabilities 2023: $38,086,402Net Assets 2023: -$11,451,5272023Assets 2024: $26,724,465Liabilities 2024: $38,099,389Net Assets 2024: -$11,374,9242024

Highlighted filing

2019

Assets$9,685,865
Liabilities$16,002,242
Net Assets-$6,316,377
Open 2019 Filing

Operations Trend

Revenue Growth65th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $328,444Expenses 2014: $44,591Net Income 2014: $283,8532014Revenue 2015: $3,793,858Expenses 2015: $3,005,257Net Income 2015: $788,6012015Revenue 2016: $4,295,716Expenses 2016: $3,792,476Net Income 2016: $503,2402016Revenue 2017: $5,707,649Expenses 2017: $5,778,051Net Income 2017: -$70,4022017Revenue 2018: $7,149,941Expenses 2018: $7,720,789Net Income 2018: -$570,8482018Revenue 2019: $7,873,955Expenses 2019: $8,573,982Net Income 2019: -$700,0272019Revenue 2020: $9,632,202Expenses 2020: $10,805,388Net Income 2020: -$1,173,1862020Revenue 2021: $8,779,589Expenses 2021: $10,581,416Net Income 2021: -$1,801,8272021Revenue 2022: $9,183,891Expenses 2022: $10,524,885Net Income 2022: -$1,340,9942022Revenue 2023: $10,249,424Expenses 2023: $11,068,567Net Income 2023: -$819,1432023Revenue 2024: $10,997,947Expenses 2024: $10,921,344Net Income 2024: $76,6032024

Highlighted filing

2019

Revenue$7,873,955
Expenses$8,573,982
Net Income-$700,027
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 20, 2020
Return Version
2018v3.1
Gross Receipts
$7,873,955
Mission and Program Overview

Mission

The mission of the first state montessori academy is to create successful, contributing, life-long learners in a montessori public educational program for students in kindergarten through 8th grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,185,801$1,809,382▲ $623,581
Cash and Non-Interest-Bearing Accounts$1,678,976$1,731,956▲ $52,980
Accounts Receivable$11,992$16,735▲ $4,743
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-5,616,350$-6,316,377▼ $700,027
Total Assets$8,151,679$9,685,865▲ $1,534,186
Other Assets Total$5,274,910$6,127,792▲ $852,882
Liabilities
Other Liabilities$12,999,932$14,928,421▲ $1,928,489
Accounts Payable and Accrued Expenses$768,097$1,073,821▲ $305,724
Total Liabilities$13,768,029$16,002,242▲ $2,234,213
Net Assets / Fund Balance
Total Net Assets Fund Balance$-5,616,350$-6,316,377▼ $700,027
Total Liabilities and Net Assets / Fund Balance$8,151,679$9,685,865▲ $1,534,186

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,779,627$74,114$1,853,741
Equipment$29,755$24,142$53,897
Other Assets Org$4,498,687--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Courtney FoxHead of SchoolFT$132,500$33,558$166,058
Natalie MarchianiBod Member-$74,308$20,111$94,419
Sara StabbBod Member-$37,772$10,085$47,857

Board Members and Trustees

NameTitle
Dawayne SimsChair
Angela AngenyBod Member
Becky PhillipsBod Member
Janine SalomoneBod Member
Jed DonahueBod Member
Meghan NewberryBod Member
Michael ReillyBod Member
Sara GrantBod Member
Sarah NagleBod Member
Zeke AllinsonBod Member
Chanda GilmoreSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Lehane's Bus ServiceTransportation1705 WILMINGTON RD, New Castle, DE 19720$441,236
Gga ConstructionConstruction1130 INDUSTRIAL ROAD, Middletown, DE 19709$384,071
Tornado Ii CleaningCleaning510 A STREET, Wilmington, DE 19801$102,922
Revenue and Support

Revenue Composition

Contributions and Grants
$7,680,327
Program Service Revenue
$150,356
Investment Income
$43,272
Other Revenue
$0
All Other Contributions
$117,951
Change in Net Assets
$-700,027

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,873,955
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,873,955
Total Revenue per Form 990
$7,873,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,936,450
Other Expenses$1,637,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,168,362$1,029,940-$3,198,302
Pension Plan Contributions$1,168,486$555,013-$1,723,499
Other Employee Benefits$1,079,007$512,513-$1,591,520
All Other Expenses$300,133$142,556-$442,689
Payroll Taxes$165,652$78,682-$244,334
Current Officers, Directors, Trustees, and Key Employees$121,218$57,577-$178,795
Fees for Services Other$96,659$45,911-$142,570
Occupancy$91,648$43,531-$135,179
Other Expenses$42,485$20,180-$62,665
Information Technology$39,321$18,677-$57,998
Insurance$28,217$13,402-$41,619
Depreciation Depletion$17,526$8,324-$25,850
Fees for Services Legal$16,672$7,919-$24,591
Office Expenses$13,509$6,416-$19,925
Fees for Services Accounting$10,034$4,766-$14,800
Total Functional Expenses$5,812,931$2,761,051$0$8,573,982

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,573,982
Total Expenses per Audited Statements$8,573,982
Total Expenses per Form 990$8,573,982
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Opeb Liability$11,404,995
Net Pension Liability$1,840,653
Deferred Inflows Related to Opeb$1,578,184
Deferred Inflows Related to Pension$104,589
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Copies of form 990 are provided to all board members and reviewed in a board of directors meeting.”

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

“Board members must disclose all actual or potential conflicts of interest during board meetings.”

Form 990, Part VI, Section B, Line 15

“Compensation was based on average compensation data for equivalent positions in delaware charter schools and set at 10% less than a local public school district.”

Form 990, Part VI, Section C, Line 19

“The academy's governing documents, conflict of interest policy and financial statements are available on its website.”

Filing and Contact Details

Filer

Filer Name
First State Montessori Academy
EIN
27-3480706
Phone
3025761500
Address
1000 NORTH FRENCH STREET, WILMINGTON, DE 19801-3331
Doing Business As
Fsma

Signing Officer

Name
Courtney Fox
Title
Head of School
Phone
3025761500
Signed
2020-02-20

Organization Details

Principal Officer
Courtney Fox
Formed
2009
Legal Domicile
De
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
8

Preparer

Firm
Barbacane Thornton & Company Llp
Address
200 SPRINGER BLDG 3411 SILVERSIDE, RD, WILMINGTON, DE 19810-4866
Preparer
Jeffrey a Kowalczyk CPA
Phone
3024788940
Supplemental Narrative

Additional Explanations

Form 990, Part 1, Line 5 and Form 990 Part V, Line 2A

“As a charter school in the state of delaware, first state montessori academy, inc. Is considered a component unit of the state, and therefore does not directly employ its staff. All staff members of the school are considered employees of the state of delaware. For the 2018-2019 school year, there were 69 employees working at the school.”

Form 990, Part XII, Line 2C

“The organization has not changed its process for the oversight and selection of an independent auditor.”

Financial Statement Notes

PART X, LINE 2:

“No provision has been made for income taxes since the school qualifies as a tax-exempt organization under the internal revenue code, section 501(c)(3), and its activities do not result in any income tax liability. Generally accepted accounting principles prescribe rules for the recognition, measurement, classification, and disclosure in the financial statements of uncertain tax positions taken or expected to be taken in the school's tax returns. Management has determined that the school does not have any uncertain tax positions or associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the school's tax returns will not be challenged by the taxing authorities and that the school will not be subject to additional tax, penalties, and interest as a result of such challenge.”

Raw XML AppendixShowing 400 of 546 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE FIRST STATE MONTESSORI ACADEMY IS TO CREATE SUCCESSFUL, CONTRIBUTING, LIFE-LONG LEARNERS IN A MONTESSORI PUBLIC EDUCATIONAL PROGRAM FOR STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE.
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IRS990/Desc0FIRST STATE MONTESSORI ACADEMY (FSMA) OPENED IN 2014 IN DOWNTOWN WILMINGTON, DELAWARE. WE SERVE A DIVERSE COMMUNITY OF 508 CHILDREN IN GRADES KINDERGARTEN THROUGH 8TH GRADE. OUR PROGRAM HAS SUCCESSFULLY INTEGRATED A FULLY AUTHENTIC MONTESSORI CURRICULUM WITH THE COMMON CORE STATE STANDARDS. AT THE END OF OUR ACADEMIC YEAR, FSMA HAS MET ALL ACADEMIC, OPERATIONAL, AND FINANCIAL BENCHMARKS SET FORTH BY THE STATE OF DELAWARE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt07562376
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07873955
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt018677
IRS990/InformationTechnologyGrp/ProgramServicesAmt039321
IRS990/InformationTechnologyGrp/TotalAmt057998
IRS990/InsuranceGrp/ManagementAndGeneralAmt013402
IRS990/InsuranceGrp/ProgramServicesAmt028217
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt01185801
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01809382
IRS990/LandBldgEquipCostOrOtherBssAmt01907638
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE FIRST STATE MONTESSORI ACADEMY IS TO CREATE SUCCESSFUL, CONTRIBUTING, LIFE-LONG LEARNERS IN A MONTESSORI PUBLIC EDUCATIONAL PROGRAM FOR STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-5616350
IRS990/NetAssetsOrFundBalancesEOYAmt0-6316377
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt043531
IRS990/OccupancyGrp/ProgramServicesAmt091648
IRS990/OccupancyGrp/TotalAmt0135179
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06416
IRS990/OfficeExpensesGrp/ProgramServicesAmt013509
IRS990/OfficeExpensesGrp/TotalAmt019925
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05274910
IRS990/OtherAssetsTotalGrp/EOYAmt06127792
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0512513
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01079007
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01591520
IRS990/OtherExpensesGrp/Desc0TRANSPORTATION-BUSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc2MEDICAL SERVICES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0142090
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt153368
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220186
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320180
IRS990/OtherExpensesGrp/ProgramServicesAmt0299146
IRS990/OtherExpensesGrp/ProgramServicesAmt1112357
IRS990/OtherExpensesGrp/ProgramServicesAmt242499
IRS990/OtherExpensesGrp/ProgramServicesAmt342485
IRS990/OtherExpensesGrp/TotalAmt0441236
IRS990/OtherExpensesGrp/TotalAmt1165725
IRS990/OtherExpensesGrp/TotalAmt262685
IRS990/OtherExpensesGrp/TotalAmt362665
IRS990/OtherLiabilitiesGrp/BOYAmt012999932
IRS990/OtherLiabilitiesGrp/EOYAmt014928421
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01029940
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02168362
IRS990/OtherSalariesAndWagesGrp/TotalAmt03198302
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt078682
IRS990/PayrollTaxesGrp/ProgramServicesAmt0165652
IRS990/PayrollTaxesGrp/TotalAmt0244334
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0555013
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01168486
IRS990/PensionPlanContributionsGrp/TotalAmt01723499
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0COURTNEY FOX
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611700
IRS990/ProgramServiceRevenueGrp/Desc0INSTRUCTIONAL SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0128975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0128975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121381
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07006302
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010667
IRS990/PYOtherExpensesAmt02332922
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0132972
IRS990/PYRevenuesLessExpensesAmt0-570848
IRS990/PYSalariesCompEmpBnftPaidAmt05387867
IRS990/PYTotalExpensesAmt07720789
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07149941
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-700027
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0150356
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-5616350
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-6316377
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt029755
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024142
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053897
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08573982
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01779627
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt074114
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01853741
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0107705
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11521400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24498687
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED OUTFLOWS RELATED TO OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01840653
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1104589
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21578184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311404995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOWS RELATED TO OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NET OPEB LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07873955
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE SCHOOL'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE SCHOOL DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE SCHOOL'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE SCHOOL WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01809382
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06127792
IRS990ScheduleD/TotalExpensesPerForm990Amt08573982
IRS990ScheduleD/TotalLiabilityAmt014928421
IRS990ScheduleD/TotalRevenuePerForm990Amt07873955
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07873955
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08573982
IRS990ScheduleE/ComplianceWithRevProc7550Ind00
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,685,865
Liabilities
$16,002,242
Net assets
-$6,316,377
Revenue
$7,873,955
Expenses
$8,573,982
Net income
-$700,027
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.7$38.1$11.4$11.0$10.9$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.6$38.1$11.5$10.2$11.1$0.82
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$40.3$10.6$9.18$10.5$1.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$38.0$9.29$8.78$10.6$1.80
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.9$33.4$7.49$9.63$10.8$1.17
2019Detailed filing. Detailed filing data is available for this year.$9.69$16.0$6.32$7.87$8.57$0.70
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.15$13.8$5.62$7.15$7.72$0.57
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$1.80$1.57$5.71$5.78$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.99$1.64$4.30$3.79$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.47$0.34$1.14$3.79$3.01$0.79
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.33$0.04$0.28