Civic Intelligence

Atlas Preparatory Academy

990 • Fiscal year 2020 • EIN 39-2032539

Jul 01, 2019 to Jun 30, 2020 • Filed on May 15, 2021

Organization Profilewww.atlasprep.net
1039 E Russell AveMilwaukee, WI 53207

(414) 385-0771

Siviq Scores

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

Liabilities / Assets

67th percentile

0.36x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

40th percentile

0.15x

Higher debt load relative to revenue than 40% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

40th percentile

1.0%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

54th percentile

$128,990

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

83rd percentile

34%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-9.4%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$2,366,389

Up $604,934 (+34%) from 2019

Net Assets

Up

$1,506,984

Up $119,041 (+8.6%) from 2019

Liabilities

Up

$859,405

Up $485,893 (+130%) from 2019

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin40th percentile

Revenue

Down

$5,673,634

Down $586,443 (-9.4%) from 2019

Expenses

Down

$5,618,620

Down $196,462 (-3.4%) from 2019

Net Income

Down

$55,014

Down $389,981 (-88%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $788,759Liabilities 2011: $347,073Net Assets 2011: $441,6862011Assets 2012: $807,447Liabilities 2012: $359,476Net Assets 2012: $447,9712012Assets 2013: $840,221Liabilities 2013: $499,616Net Assets 2013: $340,6052013Assets 2014: $698,161Liabilities 2014: $495,442Net Assets 2014: $202,7192014Assets 2015: $1,219,634Liabilities 2015: $492,007Net Assets 2015: $727,6272015Assets 2016: $940,776Liabilities 2016: $528,276Net Assets 2016: $412,5002016Assets 2017: $909,435Liabilities 2017: $394,874Net Assets 2017: $514,5612017Assets 2018: $1,339,385Liabilities 2018: $396,437Net Assets 2018: $942,9482018Assets 2019: $1,761,455Liabilities 2019: $373,512Net Assets 2019: $1,387,9432019Assets 2020: $2,366,389Liabilities 2020: $859,405Net Assets 2020: $1,506,9842020Assets 2021: $3,374,551Liabilities 2021: $269,118Net Assets 2021: $3,105,4332021Assets 2022: $4,239,464Liabilities 2022: $266,741Net Assets 2022: $3,972,7232022Assets 2023: $5,809,340Liabilities 2023: $1,987,462Net Assets 2023: $3,821,8782023Assets 2024: $6,625,147Liabilities 2024: $2,360,272Net Assets 2024: $4,264,8752024

Highlighted filing

2020

Assets$2,366,389
Liabilities$859,405
Net Assets$1,506,984
Open 2020 Filing

Operations Trend

Revenue Growth30th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $7,032,434Expenses 2011: $6,697,983Net Income 2011: $334,4512011Revenue 2012: $7,148,829Expenses 2012: $7,142,544Net Income 2012: $6,2852012Revenue 2013: $6,941,985Expenses 2013: $7,049,351Net Income 2013: -$107,3662013Revenue 2014: $6,227,379Expenses 2014: $6,365,265Net Income 2014: -$137,8862014Revenue 2015: $7,052,954Expenses 2015: $6,528,046Net Income 2015: $524,9082015Revenue 2016: $6,379,059Expenses 2016: $6,694,186Net Income 2016: -$315,1272016Revenue 2017: $6,042,246Expenses 2017: $5,940,185Net Income 2017: $102,0612017Revenue 2018: $6,049,499Expenses 2018: $5,621,112Net Income 2018: $428,3872018Revenue 2019: $6,260,077Expenses 2019: $5,815,082Net Income 2019: $444,9952019Revenue 2020: $5,673,634Expenses 2020: $5,618,620Net Income 2020: $55,0142020Revenue 2021: $5,734,799Expenses 2021: $4,136,350Net Income 2021: $1,598,4492021Revenue 2022: $5,094,955Expenses 2022: $4,227,665Net Income 2022: $867,2902022Revenue 2023: $4,514,014Expenses 2023: $4,664,859Net Income 2023: -$150,8452023Revenue 2024: $5,748,356Expenses 2024: $5,305,359Net Income 2024: $442,9972024

Highlighted filing

2020

Revenue$5,673,634
Expenses$5,618,620
Net Income$55,014
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 15, 2021
Return Version
2019v5.0
Gross Receipts
$5,673,634
Mission and Program Overview

Mission

The mission of Atlas Preparatory Academy is to provide an educational program which engages our students in learning experiences that meet their academic, social, and emotional needs, in a multicultural environment based on mutual respect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,355,817$2,010,468▲ $654,651
Cash and Non-Interest-Bearing Accounts$135,890$202,771▲ $66,881
Land, Buildings, and Equipment, Net$86,374$61,252▼ $25,122
Prepaid Expenses and Deferred Charges$164,422$57,706▼ $106,716
Pledges and Grants Receivable-$25,500-
Accounts Receivable$18,952$8,692▼ $10,260
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,761,455$2,366,389▲ $604,934
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable-$609,200-
Accounts Payable and Accrued Expenses$346,013$250,205▼ $95,808
Deferred Revenue$27,499--
Total Liabilities$373,512$859,405▲ $485,893
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,387,943$1,506,984▲ $119,041
Total Net Assets Fund Balance$1,387,943$1,506,984▲ $119,041
Total Liabilities and Net Assets / Fund Balance$1,761,455$2,366,389▲ $604,934

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,630$715,108$761,738
Other Land Buildings$2,716$645,683$648,399
Leasehold Improvements$11,906$89,284$101,190
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle G LukacsPres/Exec DirectorFT$122,250$6,740$128,990

Board Members and Trustees

NameTitle
Gordon G HabermanDirector
Robert M PlevaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$30,983
Program Service Revenue
$5,638,881
Investment Income
$3,770
Other Revenue
$0
All Other Contributions
$4,808
Change in Net Assets
$55,014

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,570,645
Revenue Not Reported on Financial Statements
$102,989
Revenue Not Reported on Form 990
$91,167
Other Revenue Adjustments
$102,989
Total Revenue per Audited Statements
$5,661,812
Total Revenue per Form 990
$5,673,634
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,089,817
Other Expenses$2,425,814
Grants and Similar Amounts Paid$102,989
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,318,368$122,019-$2,440,387
Occupancy$467,962$24,630-$492,592
Other Employee Benefits$307,962$16,209-$324,171
Payroll Taxes$186,456$9,813-$196,269
Fees for Services Accounting$98,241$32,747-$130,988
Current Officers, Directors, Trustees, and Key Employees$122,541$6,449-$128,990
Information Technology$104,101$5,479-$109,580
Grants to Domestic Individuals$102,989--$102,989
Fees for Services Other$55,030$18,343-$73,373
Advertising$65,669$7,297-$72,966
Insurance$50,045$16,682-$66,727
All Other Expenses$29,264$11,045-$40,309
Depreciation Depletion$30,598$3,400-$33,998
Office Expenses$28,095$1,479-$29,574
Other Expenses$23,777--$23,777
Fees for Services Legal$1,113$371-$1,484
Total Functional Expenses$5,342,657$275,963$0$5,618,620

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,618,620
Total Expenses per Audited Statements$5,606,798
Expenses per Audited Statements$5,515,631
Expenses Not Reported on Financial Statements$102,989
Other Expense Adjustments$102,989
Expenses Not Reported on Form 990$91,167
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
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, Line 11B: Form 990 Review Process

“The Form 990 is reviewed in detail before filing with at least one member of the governing body.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization's expenditures are monitored continuously to ascertain the independence of each and every vendor. Related entity purchases are only made when the price is substantially below that which can be obtained on the open market.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its financial policies, IRS Form 1023 (including original governing documents) and IRS Form 990 (containing annual financial information) available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Atlas Preparatory Academy Inc
EIN
39-2032539
Phone
4143850771
Address
1039 E Russell Ave, Milwaukee, WI 53207

Signing Officer

Name
Michelle G Lukacs
Title
President
Signed
2021-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle G Lukacs
Formed
2001
Legal Domicile
Wi
Voting Board Members
3
Independent Board Members
2
Employees
72

Preparer

Firm
Menden & Associates SC
Address
N108 W17574 Lilac Lane, Germantown, WI 53022
Preparer
Steven E Menden
Phone
2622513031
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8 - Prior Period Adjustments

“Increase of $64,027 to Net Assets consists of the following adjustments to amounts previously reported on Form 990:1.) Reduction in Health Insurance Expenses and a corresponding increase in prepaid expenses in the amount of $41,1282.) Reduction in Depreciation Expenses and a corresponding decrease in accumulated depreciation in the amount of $6,2753.) Increase in Grant Revenues and a corresponding decrease in receivables in the amount of $16,624”

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“In Kind E Rate Donations $91167”

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Tuition Waiver Scholarships $102989”

Part XII, Line 2D: Other expenses and losses per audited F/S

“In Kind E Rate Donations $91167”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Tuition Waiver Scholarships $102989”

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IRS990/OtherExpensesGrp/TotalAmt1275349
IRS990/OtherExpensesGrp/TotalAmt234455
IRS990/OtherExpensesGrp/TotalAmt323777
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0122019
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02318368
IRS990/OtherSalariesAndWagesGrp/TotalAmt02440387
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09813
IRS990/PayrollTaxesGrp/ProgramServicesAmt0186456
IRS990/PayrollTaxesGrp/TotalAmt0196269
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025500
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0164422
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057706
IRS990/PrincipalOfficerNm0Michelle G Lukacs
IRS990/PriorPeriodAdjustmentsAmt064027
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/Desc1School Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0469802
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15169079
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0469802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15169079
IRS990/ProgSrvcAccomActy2Grp/Desc0Atlas Preparatory Academy, Inc. operated a subcontracted school student transportation program for all school students living more than two miles from the school with substantially all school students receiving free transportation services.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01040642
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0132704
IRS990/ProgSrvcAccomActy3Grp/Desc0Atlas Preparatory Academy, Inc. operated a subcontracted school student breakfast and lunch food service program serving an average of 626 school children with all school students receiving free meals.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0337458
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0337098
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013100
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0122513
IRS990/PYInvestmentIncomeAmt04500
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02729346
IRS990/PYProgramServiceRevenueAmt06242477
IRS990/PYRevenuesLessExpensesAmt0444995
IRS990/PYSalariesCompEmpBnftPaidAmt02963223
IRS990/PYTotalExpensesAmt05815082
IRS990/PYTotalRevenueAmt06260077
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt055014
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt05169079
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01355817
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02010468
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt046630
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0715108
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0761738
IRS990ScheduleD/ExpensesNotReportedAmt091167
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0102989
IRS990ScheduleD/ExpensesSubtotalAmt05515631
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011906
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt089284
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0101190
IRS990ScheduleD/OtherExpensesIncludedAmt091167
IRS990ScheduleD/OtherExpensesNotIncludedAmt0102989
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02716
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0645683
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0648399
IRS990ScheduleD/OtherRevenueAmt091167
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0102989
IRS990ScheduleD/RevenueNotReportedAmt091167
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0102989
IRS990ScheduleD/RevenueSubtotalAmt05570645
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In Kind E Rate Donations $91167
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Tuition Waiver Scholarships $102989
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2In Kind E Rate Donations $91167
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Tuition Waiver Scholarships $102989
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt061252
IRS990ScheduleD/TotalExpensesPerForm990Amt05618620
IRS990ScheduleD/TotalRevenuePerForm990Amt05673634
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05661812
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05606798
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 publicity requirement of Section 4.03 of Rev. Proc. 75-50, 1975-2 C.B. 587 has been satisfied by complying with Section 4.03(2)(c) of Rev. Proc. 75-50, 1975-2 C.B. 587 which requires compliance with Section 4.02 of Rev. Proc. 75-50, 1975-2 C.B. 587 by a school that customarily draws its students from local communities and follows a racially nondiscriminatory policy as to students. Students of racial minority groups compose substantially the entire student body of the school at all times.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1A.) Atlas Preparatory Academy, Inc. received $337,098 in reimbursements from the State of Wisconsin's Department of Public Instruction under the National Lunch and Breakfast meal program for the operation of a subcontracted school student breakfast and lunch food service program which allows all students to receive free meals.B.) Atlas Preparatory Academy, Inc. received $132,704 in reimbursements from Milwaukee Public Schools for the operation of a subcontracted student transportation program for all students living more than two miles from the school which provides for the safety of the children attending the school.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0School Tuition Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0102989
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0School Tuition Waivers
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt033
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Full Tuition Charges
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Receipients of tuition waiver scholarships are currently enrolled students and thus the use of funds is monitored on a daily basis.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed in detail before filing with at least one member of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's expenditures are monitored continuously to ascertain the independence of each and every vendor. Related entity purchases are only made when the price is substantially below that which can be obtained on the open market.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's compensation packages for executive management are proposed and reviewed annually employing comparability data. The deliberation and offers of compensation packages are reviewed by the governing board and are substantiated in the organization's corporate minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its financial policies, IRS Form 1023 (including original governing documents) and IRS Form 990 (containing annual financial information) available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Increase of $64,027 to Net Assets consists of the following adjustments to amounts previously reported on Form 990:1.) Reduction in Health Insurance Expenses and a corresponding increase in prepaid expenses in the amount of $41,1282.) Reduction in Depreciation Expenses and a corresponding decrease in accumulated depreciation in the amount of $6,2753.) Increase in Grant Revenues and a corresponding decrease in receivables in the amount of $16,624
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 8 - Prior Period Adjustments
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01761455
IRS990/TotalAssetsEOYAmt02366389
IRS990/TotalAssetsGrp/BOYAmt01761455
IRS990/TotalAssetsGrp/EOYAmt02366389
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt030983
IRS990/TotalEmployeeCnt072
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0275963
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05342657
IRS990/TotalFunctionalExpensesGrp/TotalAmt05618620
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0373512
IRS990/TotalLiabilitiesEOYAmt0859405
IRS990/TotalLiabilitiesGrp/BOYAmt0373512
IRS990/TotalLiabilitiesGrp/EOYAmt0859405
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01387943
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01506984
IRS990/TotalOtherCompensationAmt06740
IRS990/TotalProgramServiceExpensesAmt05342657
IRS990/TotalProgramServiceRevenueAmt05638881
IRS990/TotalReportableCompFromOrgAmt0122250
IRS990/TotalRevenueGrp/ExclusionAmt03770
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05638881
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05673634
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01761455
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02366389

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
$2,366,389
Liabilities
$859,405
Net assets
$1,506,984
Revenue
$5,673,634
Expenses
$5,618,620
Net income
$55,014
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$2.36$4.26$5.75$5.31$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$1.99$3.82$4.51$4.66$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.27$3.97$5.09$4.23$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.37$0.27$3.11$5.73$4.14$1.60
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.86$1.51$5.67$5.62$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.37$1.39$6.26$5.82$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.40$0.94$6.05$5.62$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.39$0.51$6.04$5.94$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.53$0.41$6.38$6.69$0.32
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.22$0.49$0.73$7.05$6.53$0.52
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.70$0.50$0.20$6.23$6.37$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.50$0.34$6.94$7.05$0.11
2012Summary only. Only limited summary data is available for this year.$0.81$0.36$0.45$7.15$7.14$0.01
2011Summary only. Only limited summary data is available for this year.$0.79$0.35$0.44$7.03$6.70$0.33