Civic Intelligence

Gary Middle College Inc

990 • Fiscal year 2020 • EIN 27-3510935

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization Profilewww.garymiddlecollege.org
3145 N Meridian StreetIndianapolis, IN 46208

(317) 536-1027

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.11x

Higher debt load relative to revenue than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

9.7%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

61st percentile

11%

Faster asset growth than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

2.4%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$1,433,168

Up $428,853 (+43%) from 2018

Net Assets

Up

$1,206,555

Up $463,072 (+62%) from 2018

Liabilities

Down

$226,613

Down $34,219 (-13%) from 2018

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin58th percentile

Revenue

Up

$2,043,301

Up $137,522 (+7.2%) from 2018

Expenses

Up

$1,845,572

Up $187,510 (+11%) from 2018

Net Income

Down

$197,729

Down $49,988 (-20%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $92,333Liabilities 2012: $45,586Net Assets 2012: $46,7472012Assets 2013: $494,488Liabilities 2013: $327,433Net Assets 2013: $167,0552013Assets 2014: $837,333Liabilities 2014: $97,719Net Assets 2014: $739,6142014Assets 2015: $832,709Liabilities 2015: $95,071Net Assets 2015: $737,6382015Assets 2016: $752,568Liabilities 2016: $330,554Net Assets 2016: $422,0142016Assets 2017: $810,613Liabilities 2017: $314,847Net Assets 2017: $495,7662017Assets 2018: $1,004,315Liabilities 2018: $260,832Net Assets 2018: $743,4832018Assets 2020: $1,433,168Liabilities 2020: $226,613Net Assets 2020: $1,206,5552020Assets 2021: $1,578,659Liabilities 2021: $243,757Net Assets 2021: $1,334,9022021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$1,433,168
Liabilities$226,613
Net Assets$1,206,555
Open 2020 Filing

Operations Trend

Revenue Growth53rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $115,184Expenses 2012: $68,437Net Income 2012: $46,7472012Expenses 2013: $1,719,6022013Revenue 2014: $2,231,546Expenses 2014: $1,658,987Net Income 2014: $572,5592014Revenue 2015: $1,670,279Expenses 2015: $1,672,255Net Income 2015: -$1,9762015Revenue 2016: $1,494,060Expenses 2016: $1,809,684Net Income 2016: -$315,6242016Revenue 2017: $1,769,794Expenses 2017: $1,696,042Net Income 2017: $73,7522017Revenue 2018: $1,905,779Expenses 2018: $1,658,062Net Income 2018: $247,7172018Revenue 2020: $2,043,301Expenses 2020: $1,845,572Net Income 2020: $197,7292020Revenue 2021: $1,916,571Expenses 2021: $1,788,224Net Income 2021: $128,3472021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2020

Revenue$2,043,301
Expenses$1,845,572
Net Income$197,729
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.0
Gross Receipts
$2,064,603
Mission and Program Overview

Mission

Beating Poverty Through Quality Education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$632,019$823,757▲ $191,738
Land, Buildings, and Equipment, Net$576,061$553,136▼ $22,925
Pledges and Grants Receivable$31,987$36,937▲ $4,950
Prepaid Expenses and Deferred Charges$44,450$19,338▼ $25,112
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$1,285,688$1,433,168▲ $147,480
Other Assets Total$1,171$0▼ $1,171
Liabilities
Unsecured Notes Loans Payable$166,205$130,000▼ $36,205
Accounts Payable and Accrued Expenses$100,588$85,618▼ $14,970
Deferred Revenue$10,069$6,976▼ $3,093
Other Liabilities$0$4,019▲ $4,019
Total Liabilities$276,862$226,613▼ $50,249
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,008,826$1,206,555▲ $197,729
Total Net Assets Fund Balance$1,008,826$1,206,555▲ $197,729
Total Liabilities and Net Assets / Fund Balance$1,285,688$1,433,168▲ $147,480

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$220,298$615,454$835,752
Buildings$278,703$40,822$319,525
Leasehold Improvements$54,135$115,402$169,537
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
-Chair
-Board Member
-Board Member THRU 9/1/19
-School Treasurer
-Secretary/Treasurer
-Superintendent

Highest Paid Contractors

ContractorServicesLocationCompensation
Greater Educational Opportunities FoundationManagement Fees3145 N Meridian Street, Indianapolis, IN 46208$229,083
Revenue and Support

Revenue Composition

Contributions and Grants
$1,824,545
Program Service Revenue
$165,058
Investment Income
$0
Other Revenue
$53,698
Change in Net Assets
$197,729

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,043,301
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$21,302
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,064,603
Total Revenue per Form 990
$2,043,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$958,031
Other Expenses$883,348
Grants and Similar Amounts Paid$4,193
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$777,668--$777,668
Occupancy$184,729--$184,729
Fees for Services Management$1,356$183,342-$184,698
Fees for Services Other$164,967$0$0$164,967
Depreciation Depletion$103,170--$103,170
Other Employee Benefits$79,033--$79,033
Payroll Taxes$57,292--$57,292
Pension Plan Contributions$44,038--$44,038
Information Technology$37,029--$37,029
All Other Expenses$23,716$0$0$23,716
Fees for Services Accounting$13,794$4,776-$18,570
Other Expenses$16,055--$16,055
Insurance$10,835--$10,835
Office Expenses$10,543--$10,543
Travel$9,954--$9,954
Advertising$8,514--$8,514
Grants to Domestic Individuals$4,193--$4,193
Interest$1,350--$1,350
Total Functional Expenses$1,657,454$188,118$0$1,845,572

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,866,874
Expenses per Audited Statements$1,845,572
Total Expenses per Form 990$1,845,572
Expenses Not Reported on Form 990$21,302
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Related Organization Payable$4,019
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
Yes

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

“Dana Johnson Teasley - Family relationship, Kevin Teasley - Family relationship”

Form 990, Part VI, Line 3 Delegation of management duties

“The organization has a management agreement with The Greater Education Opportunities Foundation, Inc. ("GEO") ("95-4406881") to provide management, operation, and administrative services. The compensation of officers, Kevin Teasley and Dana Teasley, is reported on GEO's respective Form 990 filing.”

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

“The organization does not have any committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The Form 990 is reviewed by the school treasurer, then emailed to the Board for review prior to submission.”

Form 990, Part VI, Line 12C Conflict of interest policy

“All board members annually complete a confidentiality conflict of interest statements. If a conflict arises, it is noted and reviewed by the board to determine if any action needs to be taken. Individuals with conflicts abstain from voting on such matters.”

Form 990, Part VI, Line 19 Required documents available to the public

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (IRC) section 6104. These documents are not available to the public at this time.”

Filing and Contact Details

Filer

Filer Name
Gary Middle College Inc
EIN
27-3510935
Phone
3175361027
Address
3145 N Meridian Street, Indianapolis, IN 46208

Signing Officer

Name
Dana Johnson Teasley
Title
School Treasurer
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
23
Volunteers
10

Preparer

Firm
Crowe Llp
Address
9600 Brownsboro Road Suite 400, Louisville, KY 40241-1122
Preparer
Rachel Spurlock
Phone
5023263996
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“The School is exempt from income taxes on income from related activities under Section 501(c)(3) of the U. S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. Additionally, the School is not considered to be a private foundation under Section 509(a) of the Internal Revenue Code. The School has adopted applicable guidance with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit will be recorded. The School does not expect the total amount of unrecorded tax benefits to significantly change in the next 12 months. The School recognizes interest and/or penalties related to income tax matters in income tax expense. The School did not have any amounts accrued for interest and penalties at June 30, 2020 and 2019.”

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

“Rental Expenses - 21302”

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

“Rental Expenses - 21302”

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IRS990/InsuranceGrp/ProgramServicesAmt010835
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IRS990/InterestGrp/ProgramServicesAmt01350
IRS990/InterestGrp/TotalAmt01350
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0553136
IRS990/LandBldgEquipCostOrOtherBssAmt01324814
IRS990/LegalDomicileStateCd0IN
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
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IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Beating Poverty Through Quality Education.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01008826
IRS990/NetAssetsOrFundBalancesEOYAmt01206555
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt053698
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01008826
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01206555
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0184729
IRS990/OccupancyGrp/TotalAmt0184729
IRS990/OfficeExpensesGrp/ProgramServicesAmt010543
IRS990/OfficeExpensesGrp/TotalAmt010543
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01171
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt079033
IRS990/OtherEmployeeBenefitsGrp/TotalAmt079033
IRS990/OtherExpensesGrp/Desc0College Work
IRS990/OtherExpensesGrp/Desc1Dues and Fees
IRS990/OtherExpensesGrp/Desc2Ball State Fees
IRS990/OtherExpensesGrp/Desc3Classroom Supplies
IRS990/OtherExpensesGrp/ProgramServicesAmt058973
IRS990/OtherExpensesGrp/ProgramServicesAmt127191
IRS990/OtherExpensesGrp/ProgramServicesAmt223054
IRS990/OtherExpensesGrp/ProgramServicesAmt316055
IRS990/OtherExpensesGrp/TotalAmt058973
IRS990/OtherExpensesGrp/TotalAmt127191
IRS990/OtherExpensesGrp/TotalAmt223054
IRS990/OtherExpensesGrp/TotalAmt316055
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt04019
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0777668
IRS990/OtherSalariesAndWagesGrp/TotalAmt0777668
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt057292
IRS990/PayrollTaxesGrp/TotalAmt057292
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt044038
IRS990/PensionPlanContributionsGrp/TotalAmt044038
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt031987
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036937
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044450
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019338
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Kevin Teasley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Supporting Services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165058
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01915247
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0783803
IRS990/PYOtherRevenueAmt073703
IRS990/PYProgramServiceRevenueAmt05728
IRS990/PYRevenuesLessExpensesAmt0265343
IRS990/PYSalariesCompEmpBnftPaidAmt0945532
IRS990/PYTotalExpensesAmt01729335
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01994678
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0197729
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt053698
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0165058
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0278703
IRS990ScheduleD/BuildingsGrp/DepreciationAmt040822
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0319525
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220298
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0615454
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0835752
IRS990ScheduleD/ExpensesNotReportedAmt021302
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01845572
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt054135
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0115402
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0169537
IRS990ScheduleD/OtherExpensesIncludedAmt021302
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Related Organization Payable
IRS990ScheduleD/OtherRevenueAmt021302
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/RevenueNotReportedAmt021302
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02043301
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The School is exempt from income taxes on income from related activities under Section 501(c)(3) of the U. S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. Additionally, the School is not considered to be a private foundation under Section 509(a) of the Internal Revenue Code. The School has adopted applicable guidance with respect to accounting for uncertainty in income taxes. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit will be recorded. The School does not expect the total amount of unrecorded tax benefits to significantly change in the next 12 months. The School recognizes interest and/or penalties related to income tax matters in income tax expense. The School did not have any amounts accrued for interest and penalties at June 30, 2020 and 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental Expenses - 21302
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental Expenses - 21302
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0553136
IRS990ScheduleD/TotalExpensesPerForm990Amt01845572
IRS990ScheduleD/TotalLiabilityAmt04019
IRS990ScheduleD/TotalRevenuePerForm990Amt02043301
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02064603
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01866874
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/ExplanationTxt0The racially nondiscriminatory policy is publicized on the website. It is also included in the Student Handbook and is part of the Charter.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Organization receives federal and state grant money to achieve its stated mission. State-Adult Learners State-Basic Grant State-Charter Facilities Grant Federal-Title I Grant Federal-Sped Services (IDEA, Part B)
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Dana Johnson Teasley - Family relationship, Kevin Teasley - Family relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a management agreement with The Greater Education Opportunities Foundation, Inc. ("GEO") ("95-4406881") to provide management, operation, and administrative services. The compensation of officers, Kevin Teasley and Dana Teasley, is reported on GEO's respective Form 990 filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization does not have any committees with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is reviewed by the school treasurer, then emailed to the Board for review prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All board members annually complete a confidentiality conflict of interest statements. If a conflict arises, it is noted and reviewed by the board to determine if any action needs to be taken. Individuals with conflicts abstain from voting on such matters.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to internal revenue code (IRC) section 6104. These documents are not available to the public at this time.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2 Family/business relationships amongst interested persons
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3 Delegation of management duties
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,433,168
Liabilities
$226,613
Net assets
$1,206,555
Revenue
$2,043,301
Expenses
$1,845,572
Net income
$197,729
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.58$0.24$1.33$1.92$1.79$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.43$0.23$1.21$2.04$1.85$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.26$0.74$1.91$1.66$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.31$0.50$1.77$1.70$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.33$0.42$1.49$1.81$0.32
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.10$0.74$1.67$1.67$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.10$0.74$2.23$1.66$0.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.33$0.17$1.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.05$0.05$0.12$0.07$0.05
Peer Organizations

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