Civic Intelligence

Michigan Barber School Inc.

990 • Fiscal year 2016 • EIN 38-1284777

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 09, 2017

Organization Profilewww.MichiganBarberSchool.Org
8990 Grand RiverDetroit, MI 48204-2244

(313) 894-2300

Siviq Scores

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

Liabilities / Assets

86th percentile

0.72x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.34x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

55th percentile

$73,812

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

91st percentile

46%

Faster asset growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

75th percentile

18%

Faster revenue growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$743,497

Up $233,315 (+46%) from 2015

Net Assets

Up

$209,970

Up $215,015 (+4262%) from 2015

Liabilities

Up

$533,527

Up $18,300 (+3.6%) from 2015

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin74th percentile

Revenue

Up

$1,566,372

Up $237,166 (+18%) from 2015

Expenses

Up

$1,351,357

Up $21,350 (+1.6%) from 2015

Net Income

Up

$215,015

Up $215,816 (+26943%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $398,718Liabilities 2011: $233,507Net Assets 2011: $165,2112011Assets 2012: $456,853Liabilities 2012: $269,860Net Assets 2012: $186,9932012Assets 2013: $489,781Liabilities 2013: $254,911Net Assets 2013: $234,8702013Assets 2014: $398,350Liabilities 2014: $402,594Net Assets 2014: -$4,2442014Assets 2015: $510,182Liabilities 2015: $515,227Net Assets 2015: -$5,0452015Assets 2016: $743,497Liabilities 2016: $533,527Net Assets 2016: $209,9702016Assets 2017: $595,141Liabilities 2017: $440,663Net Assets 2017: $154,4782017Assets 2018: $685,533Liabilities 2018: $332,502Net Assets 2018: $353,0312018Assets 2019: $809,374Liabilities 2019: $292,755Net Assets 2019: $516,6192019Assets 2020: $720,105Liabilities 2020: $319,293Net Assets 2020: $400,8122020Assets 2021: $934,039Liabilities 2021: $351,959Net Assets 2021: $582,0802021Assets 2022: $890,305Liabilities 2022: $188,784Net Assets 2022: $701,5212022Assets 2024: $1,262,889Liabilities 2024: $174,164Net Assets 2024: $1,088,7252024

Highlighted filing

2016

Assets$743,497
Liabilities$533,527
Net Assets$209,970
Open 2016 Filing

Operations Trend

Revenue Growth75th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,411,8332011Revenue 2012: $1,304,902Expenses 2012: $1,283,120Net Income 2012: $21,7822012Revenue 2013: $1,334,823Expenses 2013: $1,286,946Net Income 2013: $47,8772013Revenue 2014: $1,016,171Expenses 2014: $1,255,285Net Income 2014: -$239,1142014Revenue 2015: $1,329,206Expenses 2015: $1,330,007Net Income 2015: -$8012015Revenue 2016: $1,566,372Expenses 2016: $1,351,357Net Income 2016: $215,0152016Revenue 2017: $1,256,133Expenses 2017: $1,311,625Net Income 2017: -$55,4922017Revenue 2018: $1,464,791Expenses 2018: $1,266,238Net Income 2018: $198,5532018Revenue 2019: $1,392,268Expenses 2019: $1,228,680Net Income 2019: $163,5882019Revenue 2020: $1,002,820Expenses 2020: $1,118,627Net Income 2020: -$115,8072020Revenue 2021: $1,307,289Expenses 2021: $1,169,678Net Income 2021: $137,6112021Revenue 2022: $2,410,168Expenses 2022: $2,140,978Net Income 2022: $269,1902022Revenue 2024: $1,218,850Expenses 2024: $1,158,342Net Income 2024: $60,5082024

Highlighted filing

2016

Revenue$1,566,372
Expenses$1,351,357
Net Income$215,015
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 9, 2017
Return Version
2015v3.0
Gross Receipts
$1,566,372
Mission and Program Overview

Mission

Our mission is to train potentially the finest barbers in America. The school seeks to provide the student with the training and knowledge required to obtain and hold a position in a very stable business sector of the economy.

Our mission is to train potentially the finest barbers in america

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$408,957$656,734▲ $247,777
Land, Buildings, and Equipment, Net$98,821$85,239▼ $13,582
Loans From Officers Directors$59,269$81,017▲ $21,748
Cash and Non-Interest-Bearing Accounts$1,275$1,524▲ $249
Total Assets$510,182$743,497▲ $233,315
Other Assets Total$1,129--
Liabilities
Accounts Payable and Accrued Expenses$218,679$202,679▼ $16,000
Other Liabilities$151,763$188,380▲ $36,617
Deferred Revenue$51,266$41,469▼ $9,797
Mortgage Notes Payable Secured by Investment Property$34,250$19,982▼ $14,268
Total Liabilities$515,227$533,527▲ $18,300
Net Assets / Fund Balance
Unrestricted Net Assets$-5,050$209,970▲ $215,020
Temporarily Rstr Net Assets$5$0▼ $5
Total Net Assets Fund Balance$-5,045$209,970▲ $215,015
Total Liabilities and Net Assets / Fund Balance$510,182$743,497▲ $233,315

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$70,474$222,373$292,847
Equipment$14,765$198,026$212,791
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lanice LoweryFin Aid Dir./secFT$73,812$73,812
Nina E LoweryFin Aid OfficerFT$41,371$41,371
Darryl GreenPresident, (deceased)FT$17,061$17,061

Board Members and Trustees

NameTitle
Saul GreenVice President
Curtis WadeTrustee
Dr William SharpTrustee
Michele VasconcellosSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,566,044
Investment Income
$0
Other Revenue
$328
Change in Net Assets
$215,015

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,566,372
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,566,372
Total Revenue per Form 990
$1,566,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$919,127
Salaries, Compensation, and Employee Benefits$432,230
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,642$103,040-$265,682
Current Officers, Directors, Trustees, and Key Employees$121,692$9,840-$131,532
Fees for Services Other$93,560$9,000-$102,560
Fees for Services Accounting-$57,705-$57,705
Occupancy-$50,947-$50,947
Payroll Taxes-$35,016-$35,016
Other Expenses$99,567$34,239-$34,239
Insurance-$26,840-$26,840
All Other Expenses$10,169$12,289-$22,458
Office Expenses-$22,233-$22,233
Information Technology-$15,244-$15,244
Interest-$14,036-$14,036
Depreciation Depletion-$13,612-$13,612
Fees for Services Legal-$9,856-$9,856
Advertising-$6,917-$6,917
Travel-$5,256-$5,256
Total Functional Expenses$925,287$426,070$0$1,351,357

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,351,357
Total Expenses per Audited Statements$1,351,357
Total Expenses per Form 990$1,351,357
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Officers and TrusteesPersonal guarantee of note payableNo$19,982
-Officers and TrusteesRental of organization's facilitiesNo$17,655

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$59,269$81,017▲ $21,748
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$188,380
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Darryl l. Green (former president) and darryl l. Green jr. Are father and son. Nina lowery and lanice lowery are mother and daughter”

Form 990, Part VI, Section A, line 8B

“N/A - There are no committees authorized to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11

“Form 990 is reviewed by the CEO of the school before being filed.”

Form 990, Part VI, Section B, line 15

“Compensation of the Organization's officers or key employees is based on management's recommendations and approved by the board of trustees.”

Form 990, Part VI, Section C, line 19

“Documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Michigan Barber School Inc
EIN
38-1284777
Phone
3138942300
Address
8990 Grand River, Detroit, MI 48204-2244

Signing Officer

Name
Saul Green
Title
Vice President
Phone
3138942300
Signed
2017-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Saul Green
Formed
1947
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
2
Employees
13
Volunteers
0

Preparer

Firm
Croskey Lanni PC
Address
345 Diversion Street Suite 400, Rochester, MI 48307
Preparer
Mark A Irwin CPA
Phone
2486595300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization did not change its oversight process or selection process during the year ended June 30, 2016”

Financial Statement Notes

Part X, Line 2:

“The Organization's Audited Financial Statements for the year ended June 30, 2016 do not include a liability for Uncertain Tax Positions under FIN 48. The text of the footnote which discusses the Organization's liability (or lack thereof) for uncertain tax positions under FIN 48 (ASC 740) is available upon request.”

Raw XML AppendixShowing 400 of 450 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/Desc0THE MICHIGAN BARBER SCHOOL, INC OPERATES A BARBER/STYLING SCHOOL. THE SCHOOL REQUIRES EACH STUDENT TO COMPLETE AT LEAST 1800 HOURS OF INSTRUCTION; 225 IN ACADEMICS AND 1575 IN PRACTICAL TRAINING. ABOUT 108 STUDENTS WERE ENROLLED IN THE SCHOOL'S PROGRAM WHICH TAKES 15-18 MONTHS TO COMPLETE. THE JOB PLACEMENT RATE APPROACHES 100%.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
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IRS990/MissionDesc0Our mission is to train potentially the finest barbers in America. The school seeks to provide the student with the training and knowledge required to obtain and hold a position in a very stable business sector of the economy.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE STUDENTS MUST COMPLETE 1575 HOURS OF PRACTICAL TRAINING. IN ORDER TO PROVIDE THIS TRAINING, THE SCHOOL OPERATES A CLINIC. IT IS OPEN TO THE PUBLIC 5 DAYS A WEEK AND PROVIDES THE COMMUNITY WITH A LOW COST WAY TO RECEIVE VARIOUS BARBER AND BEAUTY SALON HAIR CARE SERVICES. THE CLINIC HAD APPROXIMATELY 2500 APPOINTMENTS IN THE CURRENT YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt071960
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0142297
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0863944
IRS990/PYOtherRevenueAmt012456
IRS990/PYProgramServiceRevenueAmt01316750
IRS990/PYRevenuesLessExpensesAmt0-801
IRS990/PYSalariesCompEmpBnftPaidAmt0466063
IRS990/PYTotalExpensesAmt01330007
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01329206
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0215015
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01424075
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt014765
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0198026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0212791
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01351357
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt070474
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0222373
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0292847
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0188380
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Expenses
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01566372
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization's Audited Financial Statements for the year ended June 30, 2016 do not include a liability for Uncertain Tax Positions under FIN 48. The text of the footnote which discusses the Organization's liability (or lack thereof) for uncertain tax positions under FIN 48 (ASC 740) is available upon request.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt085239
IRS990ScheduleD/TotalExpensesPerForm990Amt01351357
IRS990ScheduleD/TotalLiabilityAmt0188380
IRS990ScheduleD/TotalRevenuePerForm990Amt01566372
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01566372
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01351357
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 PUBLISHED ON THE WEBSITE, IN ALL BROCHURES AND CATALOGUES AND IN ANY LOCAL ADVERTISING.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL PARTICIPATES IN THE FEDERAL STUDENT LOAN GUARANTEE PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Multiple
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1Multiple
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Officers and Trustees
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Officers and Trustees
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt017655
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt119982
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Rental of organization's facilities
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Personal guarantee of note payable
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt017500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt234617
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt326400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt42500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd11
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd21
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd31
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd41
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0Multiple
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Expense Reimbursements
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Rent
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt235769
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt318000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt40
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Saul Green
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Lanice Lowery
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Darryl L Green
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3Wanda Beverly
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Vice President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd20
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd30
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd40
IRS990ScheduleL/TotalBalanceDueAmt081017
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DARRYL L. GREEN (FORMER PRESIDENT) AND DARRYL L. GREEN JR. ARE FATHER AND SON. NINA LOWERY AND LANICE LOWERY ARE MOTHER AND DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1N/A - There are no committees authorized to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is reviewed by the CEO of the school before being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of the Organization's officers or key employees is based on management's recommendations and approved by the board of trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization did not change its oversight process or selection process during the year ended June 30, 2016
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt05
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0510182
IRS990/TotalAssetsEOYAmt0743497
IRS990/TotalAssetsGrp/BOYAmt0510182
IRS990/TotalAssetsGrp/EOYAmt0743497
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0426070
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0925287
IRS990/TotalFunctionalExpensesGrp/TotalAmt01351357
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0515227
IRS990/TotalLiabilitiesEOYAmt0533527
IRS990/TotalLiabilitiesGrp/BOYAmt0515227
IRS990/TotalLiabilitiesGrp/EOYAmt0533527
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-5045
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0209970
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0925287
IRS990/TotalProgramServiceRevenueAmt01566044
IRS990/TotalReportableCompFromOrgAmt0132244
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01566372

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$743,497
Liabilities
$533,527
Net assets
$209,970
Revenue
$1,566,372
Expenses
$1,351,357
Net income
$215,015
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.17$1.09$1.22$1.16$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.19$0.70$2.41$2.14$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.93$0.35$0.58$1.31$1.17$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.32$0.40$1.00$1.12$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.29$0.52$1.39$1.23$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.33$0.35$1.46$1.27$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.44$0.15$1.26$1.31$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.53$0.21$1.57$1.35$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.52$0.01$1.33$1.33$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.40$0.00$1.02$1.26$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.25$0.23$1.33$1.29$0.05
2012Summary only. Only limited summary data is available for this year.$0.46$0.27$0.19$1.30$1.28$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.23$0.17$1.41
Peer Organizations

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