Civic Intelligence

Spectrum High School

990 • Fiscal year 2016 • EIN 37-1518372

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 24, 2017

Organization ProfileWWW.SPECTRUMHIGHSCHOOL.ORG
17796 Industrial Circle NWElk River, MN 55330

(763) 241-8703

Siviq Scores

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

Liabilities / Assets

95th percentile

1.18x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.53x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

56th percentile

3.9%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$182,493

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

88th percentile

29%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

9.5%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$3,432,238

Up $762,897 (+29%) from 2015

Net Assets

Up

-$602,676

Up $297,083 (+33%) from 2015

Liabilities

Up

$4,034,914

Up $465,814 (+13%) from 2015

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin56th percentile

Revenue

Up

$7,547,908

Up $656,633 (+9.5%) from 2015

Expenses

Up

$7,250,825

Up $706,578 (+11%) from 2015

Net Income

Down

$297,083

Down $49,945 (-14%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $453,866Liabilities 2010: $373,526Net Assets 2010: $80,3402010Assets 2011: $984,607Liabilities 2011: $678,036Net Assets 2011: $306,5712011Assets 2012: $1,981,653Liabilities 2012: $1,409,453Net Assets 2012: $572,2002012Assets 2013: $1,594,615Liabilities 2013: $606,279Net Assets 2013: $988,3362013Assets 2014: $1,903,832Liabilities 2014: $573,522Net Assets 2014: $1,330,3102014Assets 2015: $2,669,341Liabilities 2015: $3,569,100Net Assets 2015: -$899,7592015Assets 2016: $3,432,238Liabilities 2016: $4,034,914Net Assets 2016: -$602,6762016Assets 2017: $10,957,311Liabilities 2017: $12,710,337Net Assets 2017: -$1,753,0262017Assets 2019: $8,262,667Liabilities 2019: $10,107,752Net Assets 2019: -$1,845,0852019Assets 2020: $7,497,539Liabilities 2020: $9,925,363Net Assets 2020: -$2,427,8242020Assets 2021: $6,267,072Liabilities 2021: $9,093,122Net Assets 2021: -$2,826,0502021Assets 2022: $6,601,700Liabilities 2022: $8,833,814Net Assets 2022: -$2,232,1142022

Highlighted filing

2016

Assets$3,432,238
Liabilities$4,034,914
Net Assets-$602,676
Open 2016 Filing

Operations Trend

Revenue Growth67th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,055,1912010Expenses 2011: $2,263,2162011Expenses 2012: $3,800,7292012Expenses 2013: $4,849,7812013Revenue 2014: $5,874,462Expenses 2014: $5,532,488Net Income 2014: $341,9742014Revenue 2015: $6,891,275Expenses 2015: $6,544,247Net Income 2015: $347,0282015Revenue 2016: $7,547,908Expenses 2016: $7,250,825Net Income 2016: $297,0832016Revenue 2017: $8,230,050Expenses 2017: $9,380,400Net Income 2017: -$1,150,3502017Revenue 2019: $9,036,507Expenses 2019: $9,042,441Net Income 2019: -$5,9342019Revenue 2020: $9,076,504Expenses 2020: $9,035,133Net Income 2020: $41,3712020Revenue 2021: $9,361,830Expenses 2021: $9,278,067Net Income 2021: $83,7632021Revenue 2022: $10,155,775Expenses 2022: $9,705,877Net Income 2022: $449,8982022

Highlighted filing

2016

Revenue$7,547,908
Expenses$7,250,825
Net Income$297,083
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 24, 2017
Return Version
2015v3.0
Gross Receipts
$7,547,908
Mission and Program Overview

Mission

The mission of spectrum high school and spectrum middle school is to encourage students in attaining their maximum potential through a 3-dimensional strategy emphasizing college preparatory curriculum, a technology integrated environment, and community-based outreach.

Public charter school grades 6-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,086,377$1,044,026▼ $42,351
Pledges and Grants Receivable$522,032$854,743▲ $332,711
Land, Buildings, and Equipment, Net$352,899$353,935▲ $1,036
Prepaid Expenses and Deferred Charges$43,649$63,627▲ $19,978
Accounts Receivable$15,097$45,637▲ $30,540
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-899,759$-602,676▲ $297,083
Total Assets$2,669,341$3,432,238▲ $762,897
Other Assets Total$649,287$1,070,270▲ $420,983
Liabilities
Accounts Payable and Accrued Expenses$2,738,854$3,779,486▲ $1,040,632
Deferred Revenue$726,030$255,428▼ $470,602
Mortgage Notes Payable Secured by Investment Property$104,216$0▼ $104,216
Total Liabilities$3,569,100$4,034,914▲ $465,814
Net Assets / Fund Balance
Total Net Assets Fund Balance$-899,759$-602,676▲ $297,083
Total Liabilities and Net Assets / Fund Balance$2,669,341$3,432,238▲ $762,897

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$213,458$318,104$531,562
Leasehold Improvements$140,477$101,889$242,366
Other Assets Org$103,227--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessta SparkExcutive DirectorFT$125,703$56,790$182,493
Anthony BruntBoard Member/teacherFT$53,003$25,978$78,981
Jessica KemnitzBoard Member/teacherFT$46,463$12,280$58,743
Scott GanglBoard Member/teacherFT$22,144$9,444$31,588

Board Members and Trustees

NameTitle
Dave LucasBoard Chair
Tom SagstetterBoard Vice Chair
Kathy ReedBoard Member
Robin SchelskeBoard Member
Kerry JerredBoard Secretary
Paula BernardBoard Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Vision Of Elk RiverTransportation10606 NW HEMLOCK STREET, Annandale, MN 55302$283,061
Beltzkes Darling & AssocAccounting Services22488 CHIPPENDALE AVE, Farmington, MN 55024$102,248
Revenue and Support

Revenue Composition

Contributions and Grants
$7,049,979
Program Service Revenue
$380,911
Investment Income
$0
Other Revenue
$117,018
All Other Contributions
$95,244
Change in Net Assets
$297,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,211,484
Other Expenses$3,032,341
Grants and Similar Amounts Paid$7,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,538,704$507,536-$3,046,240
Occupancy$1,192,090$76,974-$1,269,064
Fees for Services Other$541,539$164,266-$705,805
Current Officers, Directors, Trustees, and Key Employees$189,241$191,942-$381,183
Office Expenses$175,936$166,074-$342,010
Other Employee Benefits$207,349$74,069-$281,418
Pension Plan Contributions$201,111$50,245-$251,356
Payroll Taxes$201,476$49,811-$251,287
Information Technology$85,468$27,206-$112,674
Depreciation Depletion$86,687$305-$86,992
Other Expenses$63,268$10-$63,268
Travel$52,863$4,201-$57,064
All Other Expenses$21,595$33,999-$55,594
Grants to Domestic Individuals$7,000--$7,000
Interest$4,601--$4,601
Total Functional Expenses$5,870,869$1,379,956$0$7,250,825
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,768
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 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 A, Line 8B

“There are no such committees.”

Form 990, Part VI, Section B, Line 11

“A draft of form 990 is reviewed by management prior to approval and signature.”

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

“Every transaction being processed or discussed is evaluated for any conflict of interest determination. During board meetings when discussions arise regarding proposed plans or purchases, board members are informed about their possibility of conflict. It is also noted to employees that if they have any role in a business that the school does business with they may be in conflict and the school may not be able to conduct business with that company.”

Form 990, Part VI, Section B, Line 15

“Spectrum uses a review process of other area charter schools in determining the salary compensation for the employee of the district. The executive director's salary is determined on comparable salaries of other charter schools as well as local public schools.”

Form 990, Part VI, Section C, Line 19

“Public documents would be made available upon request.”

Filing and Contact Details

Filer

Filer Name
Spectrum High School
EIN
37-1518372
Phone
7632418703
Address
17796 INDUSTRIAL CIRCLE NW, ELK RIVER, MN 55330

Signing Officer

Name
Vanessta Spark
Title
Executive Director
Phone
7632418703
Signed
2017-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vanessta Spark
Formed
2005
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
162
Volunteers
20

Preparer

Firm
Redpath and Company Ltd
Address
4810 WHITE BEAR PARKWAY, WHITE BEAR LAKE, MN 55110
Preparer
Ashley C Rehn CPA
Phone
6514267000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“A tax expense or benefit from an uncertain income tax position (including tax-exempt status) may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes the school and building company have no uncertain income tax positions that would result in an accrual, expense or benefit under the more likely than not standard.”

Raw XML AppendixShowing 400 of 531 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/Desc0IN ORDER TO SUPPORT SPECTRUM HIGH SCHOOL'S VISION, TO FOSTER ACADEMIC AND PERSONAL EXCELLENCE THROUGH A PROGRAM EMPHASIZING HIGH ACADEMIC STANDARDS AND A SMALL SCHOOL SETTING, SPECTRUM HIGH SCHOOL SERVED APPROXIMATELY 625 STUDENTS IN GRADES 6-12.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
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IRS990/MissionDesc0THE MISSION OF SPECTRUM HIGH SCHOOL IS TO ENCOURAGE STUDENTS IN ATTAINING THEIR MAXIMUM POTENTIAL THROUGH A 3-DIMENSIONAL STRATEGY EMPHASIZING - COLLEGE PREPARATORY CURRICULUM, A TECHNOLOGY INTEGRATED ENVIRONMENT, AND COMMUNITY-BASED OUTREACH.
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt013768
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt076974
IRS990/OccupancyGrp/ProgramServicesAmt01192090
IRS990/OccupancyGrp/TotalAmt01269064
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0166074
IRS990/OfficeExpensesGrp/ProgramServicesAmt0175936
IRS990/OfficeExpensesGrp/TotalAmt0342010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0649287
IRS990/OtherAssetsTotalGrp/EOYAmt01070270
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt074069
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0207349
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0281418
IRS990/OtherExpensesGrp/Desc0FOOD & MILK
IRS990/OtherExpensesGrp/Desc1CAPITAL OUTLAY
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110
IRS990/OtherExpensesGrp/ProgramServicesAmt0131507
IRS990/OtherExpensesGrp/ProgramServicesAmt196081
IRS990/OtherExpensesGrp/ProgramServicesAmt274353
IRS990/OtherExpensesGrp/ProgramServicesAmt363268
IRS990/OtherExpensesGrp/TotalAmt0131507
IRS990/OtherExpensesGrp/TotalAmt1129399
IRS990/OtherExpensesGrp/TotalAmt274363
IRS990/OtherExpensesGrp/TotalAmt363268
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0103250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0103250
IRS990/OtherRevenueTotalAmt0103250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0507536
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02538704
IRS990/OtherSalariesAndWagesGrp/TotalAmt03046240
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049811
IRS990/PayrollTaxesGrp/ProgramServicesAmt0201476
IRS990/PayrollTaxesGrp/TotalAmt0251287
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt050245
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0201111
IRS990/PensionPlanContributionsGrp/TotalAmt0251356
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0522032
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0854743
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043649
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063627
IRS990/PrincipalOfficerNm0VANESSTA SPARK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SALES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0103795
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0277116
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0277116
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1103795
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06473665
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07350
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02828208
IRS990/PYOtherRevenueAmt0111334
IRS990/PYProgramServiceRevenueAmt0306276
IRS990/PYRevenuesLessExpensesAmt0347028
IRS990/PYSalariesCompEmpBnftPaidAmt03708689
IRS990/PYTotalExpensesAmt06544247
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06891275
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0297083
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0277116
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
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/BookValueAmt0213458
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0318104
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0531562
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0140477
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0101889
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0242366
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0967043
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1103227
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM BUILDING COMPANY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL AND BUILDING COMPANY HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0353935
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01070270
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 POLICY IS COMMUNICATED ON OUR WEBSITE IN ALL SOLICITATION AND REGISTRATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1AS A PUBLIC CHARTER SCHOOL, THE SCHOOL RECEIVES STATE AND FEDERAL FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL REQUIRES THE SCHOLARSHIP RECIPIENTS TO WAIT UNTIL AFTER THEIR FIRST SEMESTER OF COLLEGE TO REQUEST THE MONIES. AT THAT POINT THEY MUST SUBMIT A COPY OF THEIR SEMESTER I GRADES AND THEIR SEMESTER II ENROLLMENT SCHEDULE. THE SCHOOL THEN ISSUES THE CHECK DIRECTLY TO THE SCHOLARSHIP RECIPIENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0125703
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt049445
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07345
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0VANESSTA SPARK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXCUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0182493
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO SUCH COMMITTEES.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,432,238
Liabilities
$4,034,914
Net assets
-$602,676
Revenue
$7,547,908
Expenses
$7,250,825
Net income
$297,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$8.83$2.23$10.2$9.71$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$9.09$2.83$9.36$9.28$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.50$9.93$2.43$9.08$9.04$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.26$10.1$1.85$9.04$9.04$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$12.7$1.75$8.23$9.38$1.15
2016Detailed filing. Detailed filing data is available for this year.$3.43$4.03$0.60$7.55$7.25$0.30
2015Detailed filing. Detailed filing data is available for this year.$2.67$3.57$0.90$6.89$6.54$0.35
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.57$1.33$5.87$5.53$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.61$0.99$4.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$1.41$0.57$3.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.68$0.31$2.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.37$0.08$2.06