Civic Intelligence

Middlebury Academy

990 • Fiscal year 2023 • EIN 34-1866953

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 14, 2024

Organization ProfileWWW.MIDDLEBURYACADEMY.ORG
88 Kent StreetAkron, OH 44305

(330) 535-7728

Siviq Scores

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

Liabilities / Assets

98th percentile

1.91x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.98x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

51st percentile

4.5%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

40th percentile

$2,375

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

62nd percentile

9.5%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

9.4%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$1,384,711

Up $120,473 (+9.5%) from 2022

Net Assets

Up

-$1,258,036

Up $121,524 (+8.8%) from 2022

Liabilities

Down

$2,642,747

Down $1,051 (-0.0%) from 2022

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin51st percentile

Revenue

Up

$2,692,844

Up $231,730 (+9.4%) from 2022

Expenses

Up

$2,571,320

Up $815,130 (+46%) from 2022

Net Income

Down

$121,524

Down $583,400 (-83%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2014: $560,790Liabilities 2014: $245,341Net Assets 2014: $315,4492014Assets 2015: $945,884Liabilities 2015: $2,923,335Net Assets 2015: -$1,977,4512015Assets 2016: $1,280,931Liabilities 2016: $3,287,401Net Assets 2016: -$2,006,4702016Assets 2017: $1,266,186Liabilities 2017: $3,686,152Net Assets 2017: -$2,419,9662017Assets 2018: $921,464Liabilities 2018: $3,349,730Net Assets 2018: -$2,428,2662018Assets 2019: $931,367Liabilities 2019: $3,183,429Net Assets 2019: -$2,252,0622019Assets 2020: $1,143,721Liabilities 2020: $3,566,615Net Assets 2020: -$2,422,8942020Assets 2021: $1,113,022Liabilities 2021: $3,197,506Net Assets 2021: -$2,084,4842021Assets 2022: $1,264,238Liabilities 2022: $2,643,798Net Assets 2022: -$1,379,5602022Assets 2023: $1,384,711Liabilities 2023: $2,642,747Net Assets 2023: -$1,258,0362023Assets 2024: $2,313,113Liabilities 2024: $3,158,481Net Assets 2024: -$845,3682024Assets 2025: $2,013,261Liabilities 2025: $2,855,822Net Assets 2025: -$842,5612025

Highlighted filing

2023

Assets$1,384,711
Liabilities$2,642,747
Net Assets-$1,258,036
Open 2023 Filing

Operations Trend

Revenue Growth54th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,767,145Expenses 2014: $2,518,044Net Income 2014: $249,1012014Revenue 2015: $2,962,223Expenses 2015: $2,796,710Net Income 2015: $165,5132015Revenue 2016: $2,658,083Expenses 2016: $2,687,102Net Income 2016: -$29,0192016Revenue 2017: $2,060,534Expenses 2017: $2,427,408Net Income 2017: -$366,8742017Revenue 2018: $2,824,521Expenses 2018: $2,234,147Net Income 2018: $590,3742018Revenue 2019: $2,653,708Expenses 2019: $2,477,504Net Income 2019: $176,2042019Revenue 2020: $2,236,978Expenses 2020: $2,407,810Net Income 2020: -$170,8322020Revenue 2021: $1,932,455Expenses 2021: $1,594,045Net Income 2021: $338,4102021Revenue 2022: $2,461,114Expenses 2022: $1,756,190Net Income 2022: $704,9242022Revenue 2023: $2,692,844Expenses 2023: $2,571,320Net Income 2023: $121,5242023Revenue 2024: $3,512,563Expenses 2024: $3,099,895Net Income 2024: $412,6682024Revenue 2025: $3,572,809Expenses 2025: $3,570,002Net Income 2025: $2,8072025

Highlighted filing

2023

Revenue$2,692,844
Expenses$2,571,320
Net Income$121,524
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$2,692,844
Mission and Program Overview

Mission

The Vision of Middlebury Academy is to foster a love of learning and develop a multicultural environment, through communication that focuses on problem solving, scientific and technological strategies, languages and entrepreneurship in our students.

Middlebury Academy is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for students' success in school, at future work, and in life. To achieve the mission, our School will integrate current learning technologies into each classroom. We will offer authentic learning experiences that are representative of how children learn best, as well as offer a schedule and support activities that enable each student to reach to his or her potential. We want our students to leave with the skills and abilities necessary to achieve academic excellence, personal growth, and success as lifelong learners. This mission requires the support of the faculty, staff, families, and community in order to encourage and empower students to be responsible and valued citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$411,544$202,136▼ $209,408
Cash and Non-Interest-Bearing Accounts$127,846$149,249▲ $21,403
Pledges and Grants Receivable$63,777$49,815▼ $13,962
Accounts Receivable$19,137$14,239▼ $4,898
Prepaid Expenses and Deferred Charges$10,250$10,250→ $0
Total Assets$1,264,238$1,384,711▲ $120,473
Other Assets Total$631,684$959,022▲ $327,338
Liabilities
Other Liabilities$2,252,876$2,279,025▲ $26,149
Accounts Payable and Accrued Expenses$390,922$363,722▼ $27,200
Total Liabilities$2,643,798$2,642,747▼ $1,051
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-1,379,560$-1,258,036▲ $121,524
Total Net Assets Fund Balance$-1,379,560$-1,258,036▲ $121,524
Total Liabilities and Net Assets / Fund Balance$1,264,238$1,384,711▲ $120,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$109,759$219,518$0
Other Land Buildings$77,733$193,046$0
Land$0-$0
Equipment$14,644$235,522$0
Leasehold Improvements$0$147,289$0
Other Assets Org$75,467--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleBaseTotal
Angela RobinsonBoard Member$2,375$2,375
Ronald McDanielBoard President$2,250$2,250
Janice BaumanBoard Member$2,250$2,250
Michele FortBoard Member$2,250$2,250
Kathleen BrandBoard Member$2,185$2,185
Patricia BealsBoard Member$2,185$2,185
Matthew DevlinBoard Member$1,625$1,625
Calleiah Kennedy MossBoard Member$375$375

Highest Paid Contractors

ContractorServicesLocationCompensation
Educational Empowerment GroupEducational Services1115 S Main St, Akron, OH 44301$1,659,477
Fredericks Food ServiceStudent Food Service22005 Emery Road, Warrensville Heights, OH 44128$131,011
Visitation of MaryRent55 Broad Street, Akron, OH 44305$123,000
Revenue and Support

Revenue Composition

Contributions and Grants
$2,692,844
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,692,844
Change in Net Assets
$121,524

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,692,844
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,692,844
Total Revenue per Form 990
$2,692,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,362,998
Other Expenses$1,208,322
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,385,975--$1,385,975
Fees for Services Management$245,983--$245,983
Depreciation Depletion$239,774--$239,774
Other Expenses$166,619$0$0$166,619
Occupancy$136,378--$136,378
Fees for Services Other$133,727--$133,727
Fees for Services Accounting$45,870--$45,870
Fees for Services Legal-$40,642-$40,642
Interest$14,199--$14,199
Other Employee Benefits$-22,977--$-22,977
Total Functional Expenses$2,482,875$88,445$0$2,571,320

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,571,320
Total Expenses per Audited Statements$2,571,320
Total Expenses per Form 990$2,571,320
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$1,478,636
Deferred Inflows of Resources - Pension$399,174
Deferred Inflows of Resources - OPEB$361,277
Net OPEB Liability$39,938
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, Section A, Line 3

“The school contracted with a management company to provide most of the staffing and other operational and management services for the school.”

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

“The Form 990 is prepared and reviewed by the Fiscal Officer. After the review of the Form 990, it is then provided to the Board of Directors, the Management Firm and the School Sponsor for review.”

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

“The Board of Directors consistently review compliance with federal and state regulations. In addition, the school is monitored at least bi-monthly to ensure compliance with laws and regulations.”

Form 990, Part VI, Section C, Line 19

“The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.”

Filing and Contact Details

Filer

Filer Name
Middlebury Academy
EIN
34-1866953
Phone
3305357728
Address
88 Kent Street, Akron, OH 44305

Signing Officer

Name
C David Massa
Title
Treasurer
Phone
3305150572
Signed
2024-02-14

Organization Details

Principal Officer
C David Massa
Formed
1998
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0
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IRS990/Desc0At Middlebury Academy, our philosophy and approach to education is to provide an academic experience that exceeds all other school offerings. Middlebury currently utilizes curriculum that is rich in current common core standards and expectations for all students. Our teachers have been extensively trained in their curriculum areas, as well as in common core. Middlebury staff not only partake in District professional development, but also school level trainings as they pertain to our program.
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IRS990/MissionDesc0The Vision of Middlebury Academy is to foster a love of learning and develop a multicultural environment, through communication that focuses on problem solving, scientific and technological strategies, languages and entrepreneurship in our students.
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1379560
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1258036
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0136378
IRS990/OccupancyGrp/TotalAmt0136378
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0631684
IRS990/OtherAssetsTotalGrp/EOYAmt0959022
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0-22977
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0-22977
IRS990/OtherExpensesGrp/Desc0Sponsor Fees
IRS990/OtherExpensesGrp/Desc1Instructional Materials and Supplies
IRS990/OtherExpensesGrp/Desc2Student Support Services
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047803
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt1137327
IRS990/OtherExpensesGrp/ProgramServicesAmt2166619
IRS990/OtherExpensesGrp/TotalAmt047803
IRS990/OtherExpensesGrp/TotalAmt1137327
IRS990/OtherExpensesGrp/TotalAmt2166619
IRS990/OtherLiabilitiesGrp/BOYAmt02252876
IRS990/OtherLiabilitiesGrp/EOYAmt02279025
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01385975
IRS990/OtherSalariesAndWagesGrp/TotalAmt01385975
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt063777
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt049815
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010250
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010250
IRS990/PrincipalOfficerNm0C David Massa
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02461114
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01207254
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0704924
IRS990/PYSalariesCompEmpBnftPaidAmt0548936
IRS990/PYTotalExpensesAmt01756190
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02461114
IRS990/ReconcilationRevenueExpnssAmt0121524
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02692844
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0109759
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0219518
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0329277
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt014644
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0235522
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0250166
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02571320
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0147289
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0147289
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0154782
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1728773
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt275467
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Net OPEB Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Outflows of Resources - Pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Outflows of Resources - OPEB
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077733
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0193046
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0270779
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01478636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139938
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2399174
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3361277
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Inflows of Resources - Pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred Inflows of Resources - OPEB
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02692844
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0202136
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0959022
IRS990ScheduleD/TotalExpensesPerForm990Amt02571320
IRS990ScheduleD/TotalLiabilityAmt02279025
IRS990ScheduleD/TotalRevenuePerForm990Amt02692844
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02692844
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02571320
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The board elects or removes members as needed with approval from the sponsor.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The organization is a community school and as such, reviews funding from the State of Ohio through the Ohio Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The school contracted with a management company to provide most of the staffing and other operational and management services for the school.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is prepared and reviewed by the Fiscal Officer. After the review of the Form 990, it is then provided to the Board of Directors, the Management Firm and the School Sponsor for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors consistently review compliance with federal and state regulations. In addition, the school is monitored at least bi-monthly to ensure compliance with laws and regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The school's governing documents, conflict of interest policy and financial statements are maintained by its legal counsel and fiscal officer and may be provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01264238
IRS990/TotalAssetsEOYAmt01384711
IRS990/TotalAssetsGrp/BOYAmt01264238
IRS990/TotalAssetsGrp/EOYAmt01384711
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02692844
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088445
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02482875
IRS990/TotalFunctionalExpensesGrp/TotalAmt02571320
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,384,711
Liabilities
$2,642,747
Net assets
-$1,258,036
Revenue
$2,692,844
Expenses
$2,571,320
Net income
$121,524
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.01$2.86$0.84$3.57$3.57$0.00
2024Detailed filing. Detailed filing data is available for this year.$2.31$3.16$0.85$3.51$3.10$0.41
2023Detailed filing. Detailed filing data is available for this year.$1.38$2.64$1.26$2.69$2.57$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.26$2.64$1.38$2.46$1.76$0.70
2021Detailed filing. Detailed filing data is available for this year.$1.11$3.20$2.08$1.93$1.59$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.14$3.57$2.42$2.24$2.41$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.93$3.18$2.25$2.65$2.48$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.92$3.35$2.43$2.82$2.23$0.59
2017Detailed filing. Detailed filing data is available for this year.$1.27$3.69$2.42$2.06$2.43$0.37
2016Detailed filing. Detailed filing data is available for this year.$1.28$3.29$2.01$2.66$2.69$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.95$2.92$1.98$2.96$2.80$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.25$0.32$2.77$2.52$0.25