Civic Intelligence

The Fulton School

990 • Fiscal year 2014 • EIN 43-1666028

Jun 01, 2013 to May 31, 2014 • Filed on Oct 13, 2014

123 Schoolhouse Road63073

(636) 458-6688

Siviq Scores

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

Liabilities / Assets

84th percentile

0.73x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

1.77x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

24th percentile

-4.8%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$60,000

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

25th percentile

-2.7%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

76th percentile

18%

Faster revenue growth than 76% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2014

Assets

Flat

$5,452,278

Flat from 2014

Net Assets

Flat

$1,487,128

Flat from 2014

Liabilities

Flat

$3,965,150

Flat from 2014

Revenue

Flat

$2,239,680

Flat from 2014

Expenses

Flat

$2,346,282

Flat from 2014

Net Income

Flat

-$106,602

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $5,792,453Liabilities 2012: $3,980,742Net Assets 2012: $1,811,7112012Assets 2013: $5,605,064Liabilities 2013: $4,011,334Net Assets 2013: $1,593,7302013Assets 2014: $5,452,278Liabilities 2014: $3,965,150Net Assets 2014: $1,487,1282014Assets 2014: $5,452,278Liabilities 2014: $3,965,150Net Assets 2014: $1,487,1282014Assets 2015: $5,251,934Liabilities 2015: $2,850,030Net Assets 2015: $2,401,9042015Assets 2016: $4,898,450Liabilities 2016: $2,766,504Net Assets 2016: $2,131,9462016Assets 2017: $4,677,178Liabilities 2017: $2,902,867Net Assets 2017: $1,774,3112017Assets 2018: $4,568,065Liabilities 2018: $2,939,369Net Assets 2018: $1,628,6962018Assets 2019: $4,682,738Liabilities 2019: $2,330,640Net Assets 2019: $2,352,0982019Assets 2020: $4,495,247Liabilities 2020: $2,431,310Net Assets 2020: $2,063,9372020Assets 2021: $4,186,888Liabilities 2021: $2,283,620Net Assets 2021: $1,903,2682021Assets 2022: $3,602,984Liabilities 2022: $2,267,247Net Assets 2022: $1,335,7372022Assets 2023: $995,397Liabilities 2023: $772,785Net Assets 2023: $222,6122023Assets 2024: $6,762,713Liabilities 2024: $665,704Net Assets 2024: $6,097,0092024Assets 2025: $6,645,701Liabilities 2025: $619,019Net Assets 2025: $6,026,6822025

Highlighted filing

2014

Assets$5,452,278
Liabilities$3,965,150
Net Assets$1,487,128

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2012: $1,596,411Expenses 2012: $1,937,741Net Income 2012: -$341,3302012Expenses 2013: $2,234,9052013Revenue 2014: $2,239,680Expenses 2014: $2,346,282Net Income 2014: -$106,6022014Revenue 2014: $2,239,680Expenses 2014: $2,346,282Net Income 2014: -$106,6022014Revenue 2015: $3,402,300Expenses 2015: $2,487,524Net Income 2015: $914,7762015Revenue 2016: $2,410,390Expenses 2016: $2,680,348Net Income 2016: -$269,9582016Revenue 2017: $2,236,360Expenses 2017: $2,593,995Net Income 2017: -$357,6352017Revenue 2018: $2,382,364Expenses 2018: $2,527,979Net Income 2018: -$145,6152018Revenue 2019: $3,294,681Expenses 2019: $2,774,038Net Income 2019: $520,6432019Revenue 2020: $2,447,964Expenses 2020: $2,736,125Net Income 2020: -$288,1612020Revenue 2021: $2,441,253Expenses 2021: $2,601,922Net Income 2021: -$160,6692021Revenue 2022: $2,201,785Expenses 2022: $2,595,260Net Income 2022: -$393,4752022Revenue 2023: $2,925,562Expenses 2023: $4,038,687Net Income 2023: -$1,113,1252023Revenue 2024: $9,252,655Expenses 2024: $3,378,258Net Income 2024: $5,874,3972024Revenue 2025: $2,937,405Expenses 2025: $3,007,732Net Income 2025: -$70,3272025

Highlighted filing

2014

Revenue$2,239,680
Expenses$2,346,282
Net Income-$106,602
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Oct 13, 2014
Return Version
2013v3.0
Gross Receipts
$2,289,643
Mission and Program Overview

Mission

To provide an academically challenging and supportive environment where students gain the knowledge and skills needed to become globally minded citizens with a passion for life and learning.

Our mission is to provide an academically challenging and personally supportive environment in which a diverse student body gains the knowledge and skills to become global citizens with a passion for life and learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,910,505$4,702,894▼ $207,611
Savings and Temporary Cash Investments$677,302$729,956▲ $52,654
Prepaid Expenses and Deferred Charges$16,975$13,694▼ $3,281
Accounts Receivable$282$5,734▲ $5,452
Total Assets$5,605,064$5,452,278▼ $152,786
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,517,500$3,427,500▼ $90,000
Deferred Revenue$215,803$274,698▲ $58,895
Accounts Payable and Accrued Expenses$273,031$257,952▼ $15,079
Unsecured Notes Loans Payable$5,000$5,000→ $0
Total Liabilities$4,011,334$3,965,150▼ $46,184
Net Assets / Fund Balance
Unrestricted Net Assets$1,593,730$1,487,128▼ $106,602
Total Net Assets Fund Balance$1,593,730$1,487,128▼ $106,602
Total Liabilities and Net Assets / Fund Balance$5,605,064$5,452,278▼ $152,786

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,054,886$2,706,792$6,761,678
Land$613,481-$613,481
Equipment$34,527$61,049$95,576
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kara DouglassHead of SchoolFT$60,000$60,000

Board Members and Trustees

NameTitle
Michael SaundersPresident
John VickVice President
Carole Kelly-frankDirector
Christine CullingDirector
Eric ReynoldsDirector
John ReddDirector
Lynn Delean WeberDirector
Melinda VoelkelDirector
Pamela CavnessDirector
Terry PabstDirector
Larry HofstetterSecretary
Mark RawlinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,285
Program Service Revenue
$2,044,654
Investment Income
$610
Other Revenue
$27,131
All Other Contributions
$167,285
Change in Net Assets
$-106,602

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,653,995
Revenue Not Reported on Financial Statements
$585,685
Revenue Not Reported on Form 990
$49,963
Other Revenue Adjustments
$585,685
Total Revenue per Audited Statements
$1,703,958
Total Revenue per Form 990
$2,239,680
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$968,695
Other Expenses$791,902
Grants and Similar Amounts Paid$585,685
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$754,350$81,860-$836,210
Grants to Domestic Individuals$585,685--$585,685
Depreciation Depletion$190,116$19,820-$209,936
Interest$144,870$15,103-$159,973
All Other Expenses$118,423$6,891-$125,314
Other Employee Benefits$66,939$6,978-$73,917
Payroll Taxes$53,039$5,529-$58,568
Other Expenses$45,211$5,203-$50,414
Insurance$26,679$2,781-$29,460
Advertising-$14,830-$14,830
Fees for Services Accounting-$10,335-$10,335
Fees for Services Other-$4,781-$4,781
Office Expenses$1,153$120-$1,273
Total Functional Expenses$2,161,938$184,344$0$2,346,282

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,346,282
Total Expenses per Audited Statements$1,810,560
Expenses per Audited Statements$1,760,597
Expenses Not Reported on Financial Statements$585,685
Other Expense Adjustments$585,685
Expenses Not Reported on Form 990$49,963
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$74,866
Fundraising Direct Expenses$49,963
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$53,037$53,037$38,702$14,335
Event 1$14,741$14,741$6,507$8,234
Total Events$67,778$67,778$45,209$22,569
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The board of directors reviews and approves the 990 before filing. The board's approval is evidenced by the signing of the form 990 or form 8879 authorizing electronic filing of form 990.

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

The conflict of interest is an extensive policy which is read and signed each year by all board members. Each member is aware of their responsibilities and requirement to come forward if or when a conflict arises during the course of doing school business.

Form 990, Part VI, Section B, Line 15

The salary of the head of school is determined by reviewing national independent school, nais, salary statistics. The statistics are listed by type of school, (i.e. Montessori, day school, or boarding school) region, position and enrollment numbers. We also review local independent school-issl (independent schools of st. Louis) salary statistics, listed by position and by enrollment. The salary of the head of school is then proposed to the executive committee of the board for approval. Salaries for all other employees are reviewed and approved by the head of school.

Form 990, Part VI, Section C, Line 19

The organization's documents are available upon request and through the guidestar website.

Filing and Contact Details

Filer

EIN
43-1666028
Phone
6364586688

Signing Officer

Name
Kara Douglass
Title
Head of School
Phone
6364586688
Signed
2014-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kara Douglass
Formed
1993
Legal Domicile
Mo
Voting Board Members
12
Independent Board Members
12
Employees
35
Volunteers
0

Preparer

Preparer
Steven J Geschke
Phone
3148354400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The school has not changed its method of selection or oversight of the auditor.

Financial Statement Notes

PART X, LINE 2:

The school follows gaap for accounting for uncertainty in income taxes, which prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. A likelihood of more than 50 percent is applied to the meaning of more-likely-than-not. The school's management is of the opinion that there are no material uncertain tax positions to be accounted for in the financial statements under the rules. The school recognizes interest and penalties, if any, related to unrecognized tax benefits in interest expense. The federal information returns of the school are subject to examination by the respective taxing authorities, generally for three years after they were filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial assistance awards

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial assistance awards

Part XII, Line 4B

Financial assistance awards and tuition discounts in the amount of $585,685 are netted against tuition revenue for financial statement purposes but are shown as an expense for form 990 purposes.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/LandBldgEquipAccumDeprecAmt02767841
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04910505
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04702894
IRS990/LandBldgEquipCostOrOtherBssAmt07470735
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0OUR MISSION IS TO PROVIDE AN ACADEMICALLY CHALLENGING AND PERSONALLY SUPPORTIVE ENVIRONMENT IN WHICH A DIVERSE STUDENT BODY GAINS THE KNOWLEDGE AND SKILLS TO BECOME GLOBAL CITIZENS WITH A PASSION FOR LIFE AND LEARNING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03517500
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03427500
IRS990/NetAssetsOrFundBalancesBOYAmt01593730
IRS990/NetAssetsOrFundBalancesEOYAmt01487128
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt024903
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt024903
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0120
IRS990/OfficeExpensesGrp/ProgramServicesAmt01153
IRS990/OfficeExpensesGrp/TotalAmt01273
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06978
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt066939
IRS990/OtherEmployeeBenefitsGrp/TotalAmt073917
IRS990/OtherExpensesGrp/Desc0INTERNATIONAL PROGRAM E
IRS990/OtherExpensesGrp/Desc1JANITORIAL SERVICES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05419
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14694
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25203
IRS990/OtherExpensesGrp/ProgramServicesAmt073773
IRS990/OtherExpensesGrp/ProgramServicesAmt151981
IRS990/OtherExpensesGrp/ProgramServicesAmt249719
IRS990/OtherExpensesGrp/ProgramServicesAmt345211
IRS990/OtherExpensesGrp/TotalAmt073773
IRS990/OtherExpensesGrp/TotalAmt157400
IRS990/OtherExpensesGrp/TotalAmt254413
IRS990/OtherExpensesGrp/TotalAmt350414
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02228
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02228
IRS990/OtherRevenueTotalAmt02228
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt081860
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0754350
IRS990/OtherSalariesAndWagesGrp/TotalAmt0836210
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05529
IRS990/PayrollTaxesGrp/ProgramServicesAmt053039
IRS990/PayrollTaxesGrp/TotalAmt058568
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016975
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013694
IRS990/PrincipalOfficerNm0KARA DOUGLASS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SHUTTLE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2AFTER HOURS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02024221
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113355
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02024221
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27078
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0144254
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0552396
IRS990/PYInvestmentIncomeAmt0603
IRS990/PYOtherExpensesAmt0764626
IRS990/PYOtherRevenueAmt037570
IRS990/PYProgramServiceRevenueAmt01834497
IRS990/PYRevenuesLessExpensesAmt0-217981
IRS990/PYSalariesCompEmpBnftPaidAmt0917883
IRS990/PYTotalExpensesAmt02234905
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02016924
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-106602
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02044654
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0677302
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0729956
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/BuildingsGrp/BookValueAmt04054886
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02706792
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06761678
IRS990ScheduleD/EquipmentGrp/BookValueAmt034527
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt095576
IRS990ScheduleD/ExpensesNotReportedAmt049963
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0585685
IRS990ScheduleD/ExpensesSubtotalAmt01760597
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0613481
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0613481
IRS990ScheduleD/OtherExpensesIncludedAmt049963
IRS990ScheduleD/OtherExpensesNotIncludedAmt0585685
IRS990ScheduleD/OtherRevenueAmt049963
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0585685
IRS990ScheduleD/RevenueNotReportedAmt049963
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0585685
IRS990ScheduleD/RevenueSubtotalAmt01653995
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL FOLLOWS GAAP FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. A LIKELIHOOD OF MORE THAN 50 PERCENT IS APPLIED TO THE MEANING OF MORE-LIKELY-THAN-NOT. THE SCHOOL'S MANAGEMENT IS OF THE OPINION THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS UNDER THE RULES. THE SCHOOL RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. THE FEDERAL INFORMATION RETURNS OF THE SCHOOL ARE SUBJECT TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FINANCIAL ASSISTANCE AWARDS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DIRECT FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4FINANCIAL ASSISTANCE AWARDS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5FINANCIAL ASSISTANCE AWARDS AND TUITION DISCOUNTS IN THE AMOUNT OF $585,685 ARE NETTED AGAINST TUITION REVENUE FOR FINANCIAL STATEMENT PURPOSES BUT ARE SHOWN AS AN EXPENSE FOR FORM 990 PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04702894
IRS990ScheduleD/TotalExpensesPerForm990Amt02346282
IRS990ScheduleD/TotalRevenuePerForm990Amt02239680
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01703958
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01810560
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt045209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014741
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt053037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt067778
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014741
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt053037
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt067778
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0TRIVIA NIGHT FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022569
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt045209
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06507
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt038702
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION REMISSION AND FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0585685
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0STUDENTS ARE GRANTED TUITION ASSISTANCE BASED UPON AN EVALUATION OF THE FAMILY'S FINANCIAL ABILITY. SCHOOL EMPLOYEES' CHILDREN ARE GRANTED TUITION REMISSION. THE SCHOOL ALSO PROVIDES MERIT SCHOLARSHIPS AND FULTON LEGACY SCHOLARSHIPS FOR CHILDREN WHO QUALIFY.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt057
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0AMOUNT BY WHICH STANDARD TUITION RATES ARE REDUCED
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FINANCIAL ASSISTANCE AND TUITION DISCOUNTS ARE APPLIED DIRECTLY TO STUDENT'S ACCOUNT AND ARE NOT CASH TRANSACTIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.65$0.62$6.03$2.94$3.01$0.07
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$0.67$6.10$9.25$3.38$5.87
2023Summary only. Only limited summary data is available for this year.$1.00$0.77$0.22$2.93$4.04$1.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$2.27$1.34$2.20$2.60$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.19$2.28$1.90$2.44$2.60$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.50$2.43$2.06$2.45$2.74$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$2.33$2.35$3.29$2.77$0.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.57$2.94$1.63$2.38$2.53$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$2.90$1.77$2.24$2.59$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$2.77$2.13$2.41$2.68$0.27
2015Detailed filing. Detailed filing data is available for this year.$5.25$2.85$2.40$3.40$2.49$0.91
2014Detailed filing. Detailed filing data is available for this year.$5.45$3.97$1.49$2.24$2.35$0.11
2014Summary only. Only limited summary data is available for this year.$5.45$3.97$1.49$2.24$2.35$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$4.01$1.59$2.23
2012Summary only. Only limited summary data is available for this year.$5.79$3.98$1.81$1.60$1.94$0.34