Civic Intelligence

Higher Ground Academy

990 • Fiscal year 2019 • EIN 41-1886212

Jul 01, 2018 to Jun 30, 2019 • Filed on May 14, 2020

1381 Marshall AveSt Paul, MN 55104

(651) 645-1000

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.96x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

53rd percentile

$185,410

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

16th percentile

-4.7%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

2.3%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$11,530,136

Down $562,867 (-4.7%) from 2018

Net Assets

Up

$900,609

Up $1,671,355 (+217%) from 2018

Liabilities

Down

$10,629,527

Down $2,234,222 (-17%) from 2018

Revenue

Up

$11,090,410

Up $251,477 (+2.3%) from 2018

Expenses

Down

$9,419,055

Down $2,434,775 (-21%) from 2018

Net Income

Up

$1,671,355

Up $2,686,252 (+265%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $3,615,041Liabilities 2010: $534,370Net Assets 2010: $3,080,6712010Assets 2011: $4,210,914Liabilities 2011: $704,353Net Assets 2011: $3,506,5612011Assets 2012: $4,269,853Liabilities 2012: $666,192Net Assets 2012: $3,603,6612012Assets 2013: $4,820,230Liabilities 2013: $607,113Net Assets 2013: $4,213,1172013Assets 2014: $5,342,252Liabilities 2014: $702,658Net Assets 2014: $4,639,5942014Assets 2015: $6,233,171Liabilities 2015: $5,229,509Net Assets 2015: $1,003,6622015Assets 2016: $6,610,904Liabilities 2016: $5,392,477Net Assets 2016: $1,218,4272016Assets 2017: $13,281,067Liabilities 2017: $13,036,916Net Assets 2017: $244,1512017Assets 2018: $12,093,003Liabilities 2018: $12,863,749Net Assets 2018: -$770,7462018Assets 2019: $11,530,136Liabilities 2019: $10,629,527Net Assets 2019: $900,6092019Assets 2020: $10,726,673Liabilities 2020: $9,845,092Net Assets 2020: $881,5812020Assets 2021: $14,123,889Liabilities 2021: $11,965,110Net Assets 2021: $2,158,7792021Assets 2022: $16,745,157Liabilities 2022: $11,635,139Net Assets 2022: $5,110,0182022Assets 2023: $18,470,121Liabilities 2023: $11,294,044Net Assets 2023: $7,176,0772023Assets 2024: $18,075,430Liabilities 2024: $10,414,496Net Assets 2024: $7,660,9342024Assets 2025: $18,453,608Liabilities 2025: $10,230,709Net Assets 2025: $8,222,8992025

Highlighted filing

2019

Assets$11,530,136
Liabilities$10,629,527
Net Assets$900,609

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $7,833,2372010Expenses 2011: $8,150,0382011Revenue 2012: $8,826,466Expenses 2012: $8,729,366Net Income 2012: $97,1002012Expenses 2013: $8,740,0622013Revenue 2014: $9,177,649Expenses 2014: $8,751,172Net Income 2014: $426,4772014Revenue 2015: $9,710,215Expenses 2015: $9,301,179Net Income 2015: $409,0362015Revenue 2016: $10,227,782Expenses 2016: $10,013,017Net Income 2016: $214,7652016Revenue 2017: $10,694,216Expenses 2017: $11,668,492Net Income 2017: -$974,2762017Revenue 2018: $10,838,933Expenses 2018: $11,853,830Net Income 2018: -$1,014,8972018Revenue 2019: $11,090,410Expenses 2019: $9,419,055Net Income 2019: $1,671,3552019Revenue 2020: $14,107,981Expenses 2020: $14,177,659Net Income 2020: -$69,6782020Revenue 2021: $16,161,479Expenses 2021: $14,884,281Net Income 2021: $1,277,1982021Revenue 2022: $19,599,738Expenses 2022: $16,627,339Net Income 2022: $2,972,3992022Revenue 2023: $19,189,915Expenses 2023: $17,123,856Net Income 2023: $2,066,0592023Revenue 2024: $19,768,393Expenses 2024: $19,283,536Net Income 2024: $484,8572024Revenue 2025: $20,573,848Expenses 2025: $20,011,883Net Income 2025: $561,9652025

Highlighted filing

2019

Revenue$11,090,410
Expenses$9,419,055
Net Income$1,671,355
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 14, 2020
Return Version
2018v3.1
Gross Receipts
$11,090,410
Mission and Program Overview

Mission

To prepare students to become successful, ethical, and responsible citizens who are ready for all the challenges of the twenty-first century. To that end, students graduating from the academy will be college ready, stewards of the environment, and ethical citizens who value hard work, honesty, integrity, equity, and diversity.

Provide educational programs for grades K-12 in compliance with Minnesota public education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,454,918$4,831,019▲ $376,101
Accounts Receivable$1,492,573$1,575,291▲ $82,718
Land, Buildings, and Equipment, Net$447,043$472,626▲ $25,583
Pd in Cap Srpls Land Bldg Eqp Fund$447,043$472,626▲ $25,583
Cap Stk Tr Prin Current Funds$-1,383,424$262,348▲ $1,645,772
Rtn Earn Endowment Incm Other Fnds$165,635$165,635→ $0
Prepaid Expenses and Deferred Charges$158,509$114,377▼ $44,132
Savings and Temporary Cash Investments$50,650$50,650→ $0
Total Assets$12,093,003$11,530,136▼ $562,867
Other Assets Total$5,489,310$4,486,173▼ $1,003,137
Liabilities
Other Liabilities$12,041,094$9,764,121▼ $2,276,973
Accounts Payable and Accrued Expenses$772,005$814,756▲ $42,751
Escrow Account Liability$50,650$50,650→ $0
Total Liabilities$12,863,749$10,629,527▼ $2,234,222
Net Assets / Fund Balance
Total Net Assets Fund Balance$-770,746$900,609▲ $1,671,355
Total Liabilities and Net Assets / Fund Balance$12,093,003$11,530,136▼ $562,867

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$375,886$154,466$530,352
Equipment$96,740$84,119$180,859
Other Assets Org$4,486,173--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel YigzawExecutive DirectorFT$178,352$7,058$178,352
Neliya TkachenkoDirector/TeacherFT$53,025$7,058$60,083

Board Members and Trustees

NameTitle
Daniel McGrathChair
Brian SwerineDirector
Mohamed AbdilleDirector
Shannon TangheDirector
Mary TateSecretary
Denise ToussaintTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Minnehaha TransportationTransportation Contractor2507 Walnut Street, Roseville, MN 55113$883,033
CKC Good FoodFood Service CateringPO Box 431419, Minneapolis, MN 55075$559,631
Harris Mechanical Services LLCHVAC Contractor8242 Solutions Center, Chicago, IL 60677$196,782
Grade PowerTutoring2800 Rustic Place, Little Canada, MN 55117$152,668
BerganKDVFinance Consultant22488 Chippendale Ave, Farmington, MN 55024$126,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,061,080
Program Service Revenue
$10,029,330
Investment Income
$0
Other Revenue
$0
All Other Contributions
$17,400
Change in Net Assets
$1,671,355

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,975,203
Revenue Not Reported on Financial Statements
$1,115,207
Revenue Not Reported on Form 990
$1,227,726
Other Revenue Adjustments
$1,115,207
Total Revenue per Audited Statements
$11,202,929
Total Revenue per Form 990
$11,090,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,695,020
Other Expenses$2,675,285
Grants and Similar Amounts Paid$16,750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,231,628$600,719-$4,832,347
Occupancy$1,342,178--$1,342,178
Other Employee Benefits$711,888$159,894-$871,782
Fees for Services Other$359,773$206,049-$565,822
Pension Plan Contributions$374,320$58,769-$433,089
Payroll Taxes$268,906$55,182-$324,088
Office Expenses$156,878$85,129-$242,007
Current Officers, Directors, Trustees, and Key Employees$233,714--$233,714
Fees for Services Accounting-$141,950-$141,950
Information Technology$44,320$25,489-$69,809
Insurance-$60,679-$60,679
Depreciation Depletion$13,455$45,496-$58,951
Benefits to Members$32,000--$32,000
Other Expenses$59,433$25,248-$25,248
Grants to Domestic Individuals$16,750--$16,750
Fees for Services Legal-$8,075-$8,075
Conferences and Meetings$1,967$780-$2,747
All Other Expenses$-1,202,957$-171,702-$-1,374,659
Total Functional Expenses$8,117,298$1,301,757$0$9,419,055

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,307,389
Total Expenses per Form 990$9,419,055
Expenses per Audited Statements$8,303,848
Expenses Not Reported on Form 990$2,003,541
Expenses Not Reported on Financial Statements$1,115,207
Other Expense Adjustments$1,115,207
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
Pension Plan Deferments$5,442,689
Net Pension Liabilitiy - PERA & TRA$4,321,432
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 B, line 11B

A copy of the finished 990 report will be sent to the Executive Director and the Board Chair. An electronic copy will go to the school board after it is mailed to the IRS.

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

All Directors are required to annually sign a conflict of interest disclosure statement.

Form 990, Part VI, Section B, line 15

The organization's Executive Director's salaries are determined by comparability data and approved by the board.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

FORM 990, PART VI, SECTION A, LINE 1B:

Several members of the board are teachers at the Academy. Minnesota State Statute 124D.10 Subd. 4.(g) requires the board to have at least one employed or contracted teacher.

Filing and Contact Details

Filer

Filer Name
Higher Ground Academy
EIN
41-1886212
Phone
6516451000
Address
1381 Marshall Ave, St Paul, MN 55104

Signing Officer

Name
Samuel Yigzaw
Title
Executive Director
Phone
6516451000
Signed
2020-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Yigzaw
Formed
1997
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
177
Volunteers
0

Preparer

Firm
Malloy Montague Karnowski Radosevich
Address
5353 Wayzata Blvd Suite 410, Minneapolis, MN 55416
Preparer
Thomas A Karnowski
Phone
9525450424
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 2C:

The Board assumes responsibilty for oversight of the audit of its financial statements and selection of an indendent accountant annually. This process has not changed from the prior year.

RELATED ORGANIZATION COMPENSATION:

Made an effort to obtain information on compensation, if any, was paid from a related organization. No response received and no other transactions noted.

Authorizer

The Academy is required to have an Authorizer to monitor its operations in order to maintain its charter. The Academy's approved Authorizer during the fiscal year 2019 was Audubon Center of the North Woods.

Form 990, PART IX, LINE 24E

During the fiscal year ending June 30, 2019, changes in actuarial assumptions resulted in a significant reduction to the school's estimated pension liability, which created a "negative expense" of $1,384,976 for the current year.

Financial Statement Notes

Part IV, Line 1B:

The organization holds funds related to scholarship's in a private-purpose trust fund.

Part IV, Line 2B:

The funds are held and recorded as cash and an escrow or custodial account liability.

Part X, Line 2:

The Academy is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). Both are subject to tax on income from any unrelated business. On July 1, 2009, the Academy adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation or cash flows. Accordingly, the Academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2019.

Part XI, Line 2D - Other Adjustments:

Revenue reported by related party- Higher Ground Building Company 1,227,726.

Part XI, Line 4B - Other Adjustments:

Rent reveived from related party netted in the Financial Statements 1,115,207.

Part XII, Line 2D - Other Adjustments:

Expenses reported by related party - Higher Ground Building Company 2,003,541.

Part XII, Line 4B - Other Adjustments:

Rent paid to related party netted in the Financial Statements 1,115,207.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director/Teacher
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Director
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IRS990/FormationYr01997
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01043680
IRS990/GrantAmt016750
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IRS990/GrantToRelatedPersonInd00
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IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt025489
IRS990/InformationTechnologyGrp/ProgramServicesAmt044320
IRS990/InformationTechnologyGrp/TotalAmt069809
IRS990/InsuranceGrp/ManagementAndGeneralAmt060679
IRS990/InsuranceGrp/TotalAmt060679
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt023
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IRS990/MissionDesc0To create socially committed, morally responsible, and ethnically diverse learning environment that values students individually and collectively. The goal is to encourage student's maximum intellectual and leadership development to meet 21st century standards of education through concerted preparation to pursue post secondary and post baccalaureate studies. It is intended that students graduating from Higher Ground Academy will be adequately prepared to assume leadership roles in their communities and in their fields of endeavor.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-770746
IRS990/NetAssetsOrFundBalancesEOYAmt0900609
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01342178
IRS990/OccupancyGrp/TotalAmt01342178
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt085129
IRS990/OfficeExpensesGrp/ProgramServicesAmt0156878
IRS990/OfficeExpensesGrp/TotalAmt0242007
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherChangesInNetAssetsAmt00
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0711888
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0871782
IRS990/OtherExpensesGrp/Desc0Transportation
IRS990/OtherExpensesGrp/Desc1Food
IRS990/OtherExpensesGrp/Desc2Field Trips
IRS990/OtherExpensesGrp/Desc3Mgmt Dues/Memberships
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025248
IRS990/OtherExpensesGrp/ProgramServicesAmt0911435
IRS990/OtherExpensesGrp/ProgramServicesAmt1561610
IRS990/OtherExpensesGrp/ProgramServicesAmt259433
IRS990/OtherExpensesGrp/TotalAmt0911435
IRS990/OtherExpensesGrp/TotalAmt1561610
IRS990/OtherExpensesGrp/TotalAmt259433
IRS990/OtherExpensesGrp/TotalAmt325248
IRS990/OtherLiabilitiesGrp/BOYAmt012041094
IRS990/OtherLiabilitiesGrp/EOYAmt09764121
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0600719
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04231628
IRS990/OtherSalariesAndWagesGrp/TotalAmt04832347
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt055182
IRS990/PayrollTaxesGrp/ProgramServicesAmt0268906
IRS990/PayrollTaxesGrp/TotalAmt0324088
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0447043
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0472626
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt058769
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0374320
IRS990/PensionPlanContributionsGrp/TotalAmt0433089
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0158509
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0114377
IRS990/PrincipalOfficerNm0Samuel Yigzaw
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0Federal and State Sources
IRS990/ProgramServiceRevenueGrp/Desc1Other Educational Purposes
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010020771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18559
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt035272
IRS990/PYContributionsGrantsAmt01081694
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt031700
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04512597
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt09757239
IRS990/PYRevenuesLessExpensesAmt0-1014897
IRS990/PYSalariesCompEmpBnftPaidAmt07274261
IRS990/PYTotalExpensesAmt011853830
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010838933
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01671355
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010029330
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0165635
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0165635
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050650
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050650
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt050650
IRS990ScheduleD/EndingBalanceAmt050650
IRS990ScheduleD/EquipmentGrp/BookValueAmt096740
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084119
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0180859
IRS990ScheduleD/ExpensesNotReportedAmt02003541
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01115207
IRS990ScheduleD/ExpensesSubtotalAmt08303848
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0375886
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0154466
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0530352
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04486173
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Pension Plan Deferments
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IRS990ScheduleD/OtherExpensesNotIncludedAmt01115207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05442689
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14321432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Pension Plan Deferments
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liabilitiy - PERA & TRA
IRS990ScheduleD/OtherRevenueAmt01227726
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01115207
IRS990ScheduleD/RevenueNotReportedAmt01227726
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01115207
IRS990ScheduleD/RevenueSubtotalAmt09975203
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization holds funds related to scholarship's in a private-purpose trust fund.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The funds are held and recorded as cash and an escrow or custodial account liability.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2The Academy is exempt from federal and state income taxes under Internal Revenue Code 501(c)(3). Both are subject to tax on income from any unrelated business. On July 1, 2009, the Academy adopted the recognition requirements for uncertain income tax positions as required by the Financial Accounting Standards Board (FASB) ASC 740-10 (formerly known as FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes), with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more likely-than-not be sustained upon examination by taxing authorities. The Academy has analyzed tax positions taken for filing with the Internal Revenue Service and state jurisdiction where they operate. The Academy believes that income tax filing positions will be sustained upon examination and do not anticipate any adjustments that would result in a material adverse affect on their respective financial condition, results of operation or cash flows. Accordingly, the Academy has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Revenue reported by related party- Higher Ground Building Company 1,227,726.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Rent reveived from related party netted in the Financial Statements 1,115,207.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5Expenses reported by related party - Higher Ground Building Company 2,003,541.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6Rent paid to related party netted in the Financial Statements 1,115,207.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 1b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc6Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0472626
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04486173
IRS990ScheduleD/TotalExpensesPerForm990Amt09419055
IRS990ScheduleD/TotalLiabilityAmt09764121
IRS990ScheduleD/TotalRevenuePerForm990Amt011090410
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011202929
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010307389
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

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.5$10.2$8.22$20.6$20.0$0.56
2024Detailed filing. Detailed filing data is available for this year.$18.1$10.4$7.66$19.8$19.3$0.48
2023Detailed filing. Detailed filing data is available for this year.$18.5$11.3$7.18$19.2$17.1$2.07
2022Detailed filing. Detailed filing data is available for this year.$16.7$11.6$5.11$19.6$16.6$2.97
2021Detailed filing. Detailed filing data is available for this year.$14.1$12.0$2.16$16.2$14.9$1.28
2020Detailed filing. Detailed filing data is available for this year.$10.7$9.85$0.88$14.1$14.2$0.07
2019Detailed filing. Detailed filing data is available for this year.$11.5$10.6$0.90$11.1$9.42$1.67
2018Detailed filing. Detailed filing data is available for this year.$12.1$12.9$0.77$10.8$11.9$1.01
2017Detailed filing. Detailed filing data is available for this year.$13.3$13.0$0.24$10.7$11.7$0.97
2016Detailed filing. Detailed filing data is available for this year.$6.61$5.39$1.22$10.2$10.0$0.21
2015Detailed filing. Detailed filing data is available for this year.$6.23$5.23$1.00$9.71$9.30$0.41
2014Detailed filing. Detailed filing data is available for this year.$5.34$0.70$4.64$9.18$8.75$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$0.61$4.21$8.74
2012Summary only. Only limited summary data is available for this year.$4.27$0.67$3.60$8.83$8.73$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.70$3.51$8.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.53$3.08$7.83