Civic Intelligence

Wentworth Military Academy

EIN 44-0483220 • 501(c)3 • Lexington, MO

Profile

To promote educational, physical, religious, moral and military training.

1880 Washington AveLexington, MO 64067

www.wma.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.93x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

3.31x

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

501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-19%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-85%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,572,322

Down $618,226 (-19%) from 2017

Liabilities

Down

$4,976,544

Down $894,051 (-15%) from 2017

Net Assets

Up

-$2,404,222

Up $275,825 (+10%) from 2017

Revenue

Down

$1,505,168

Down $8,421,162 (-85%) from 2017

Expenses

Down

$1,229,343

Down $9,578,588 (-89%) from 2017

Net Income

Up

$275,825

Up $1,157,426 (+131%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2010: $8,899,813Liabilities 2010: $3,096,444Net Assets 2010: $5,803,3692010Assets 2011: $9,044,209Liabilities 2011: $3,263,153Net Assets 2011: $5,781,0562011Assets 2012: $8,520,304Liabilities 2012: $4,565,274Net Assets 2012: $3,955,0302012Assets 2013: $9,297,867Liabilities 2013: $5,326,014Net Assets 2013: $3,971,8532013Assets 2014: $10,407,283Liabilities 2014: $5,684,108Net Assets 2014: $4,723,1752014Assets 2015: $9,279,166Liabilities 2015: $4,471,535Net Assets 2015: $4,807,6312015Assets 2016: $8,444,601Liabilities 2016: $4,689,598Net Assets 2016: $3,755,0032016Assets 2017: $3,190,548Liabilities 2017: $5,870,595Net Assets 2017: -$2,680,0472017Assets 2018: $2,572,322Liabilities 2018: $4,976,544Net Assets 2018: -$2,404,2222018

Highlighted filing

2018

Assets$2,572,322
Liabilities$4,976,544
Net Assets-$2,404,222

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,626,9712010Expenses 2011: $8,605,2912011Expenses 2012: $10,075,9362012Expenses 2013: $10,882,2682013Revenue 2014: $11,890,603Expenses 2014: $11,139,281Net Income 2014: $751,3222014Revenue 2015: $10,471,983Expenses 2015: $10,637,527Net Income 2015: -$165,5442015Revenue 2016: $9,608,015Expenses 2016: $10,660,643Net Income 2016: -$1,052,6282016Revenue 2017: $9,926,330Expenses 2017: $10,807,931Net Income 2017: -$881,6012017Revenue 2018: $1,505,168Expenses 2018: $1,229,343Net Income 2018: $275,8252018

Highlighted filing

2018

Revenue$1,505,168
Expenses$1,229,343
Net Income$275,825

Filings

Latest Detailed Filing

The latest 2018 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Jan 11, 2016
Return Version
2014v6.0
Gross Receipts
$10,968,674
Mission and Program Overview

Mission

To promote educational, physical, religious, moral and military training.

The organization provides educational opportunities to junior high, high school, junior college, and continuing education students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,701,472$7,010,455▲ $308,983
Inventories for Sale or Use$595,648$613,166▲ $17,518
Cash and Non-Interest-Bearing Accounts$548,303$492,289▼ $56,014
Accounts Receivable$327,152$435,920▲ $108,768
Prepaid Expenses and Deferred Charges$35,958$74,117▲ $38,159
Savings and Temporary Cash Investments$1,513,267$12,253▼ $1,501,014
Total Assets$10,407,283$9,279,166▼ $1,128,117
Other Assets Total$685,483$640,966▼ $44,517
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,415,958$2,472,238▼ $943,720
Accounts Payable and Accrued Expenses$981,153$1,037,718▲ $56,565
Deferred Revenue$1,108,701$861,844▼ $246,857
Other Liabilities$178,296$99,735▼ $78,561
Total Liabilities$5,684,108$4,471,535▼ $1,212,573
Net Assets / Fund Balance
Unrestricted Net Assets$3,853,090$4,025,363▲ $172,273
Permanently Rstr Net Assets$451,233$451,233→ $0
Temporarily Rstr Net Assets$418,852$331,035▼ $87,817
Total Net Assets Fund Balance$4,723,175$4,807,631▲ $84,456
Total Liabilities and Net Assets / Fund Balance$10,407,283$9,279,166▼ $1,128,117

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,057,459$6,609,605$12,667,064
Equipment$716,137$5,892,837$6,608,974
Land$171,859-$171,859
Other Land Buildings$65,000-$65,000
Other Assets Org$640,966--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$121,255---$121,255
2014$121,255---$121,255
2013$121,255---$121,255
2012$121,255---$121,255
2011$121,255---$121,255
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Col Michael LiermanPresident/superintendentFT$135,147$4,205$139,352

Board Members and Trustees

NameTitle
Regis McdonaldChairman
John FrancisVice Chairman
Allison JaslowTrustee
Dale SlunickoTrustee
John GroendykeTrustee
Luke CoffeyTrustee
Robert HeathTrustee
Todd KitchenTrustee
Glenn MillerChief Financial Officer
Doug GourlaySecretary
Thomas SloverTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ameriserve Food Service MgmtFood Service16572 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$838,544
National Management ResourcesFacility ManagementPO BOX 1224, La Grange, GA 30241$505,569
Main Street LaundryLaundry Services1409 MAIN STREET, Lexington, MO 64067$248,053
Miller Management SystemsAccounting & Payroll Services7607 NW PRAIRIE VIEW ROAD, Platte Woods, MO 64151$143,054
Revenue and Support

Revenue Composition

Contributions and Grants
$1,356,931
Program Service Revenue
$9,099,346
Investment Income
$0
Other Revenue
$15,706
All Other Contributions
$1,349,956
Change in Net Assets
$-165,544

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$130,000Fair Market Value
Other Non Cash Contri Table1$2,500Fair Market Value
Other Non Cash Contri Table1$900Fair Market Value
Total Noncash Contributions3$133,400-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,563,701
Revenue Not Reported on Financial Statements
$1,908,282
Revenue Not Reported on Form 990
$376,708
Other Revenue Adjustments
$1,908,282
Total Revenue per Audited Statements
$8,940,409
Total Revenue per Form 990
$10,471,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,415,457
Salaries, Compensation, and Employee Benefits$4,313,788
Grants and Similar Amounts Paid$1,908,282
Total Fundraising Expense$257,594
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,265,782$413,039$101,461$3,780,282
Grants to Domestic Individuals$1,908,282--$1,908,282
Office Expenses$614,814$143,692$20,187$778,693
Depreciation Depletion$362,016$180,958$60,319$603,293
Occupancy$281,887$125,251$41,737$448,875
Advertising$310,597$11,229-$321,826
Payroll Taxes$197,801$73,841$10,171$281,813
Insurance$71,885$157,947-$229,832
Fees for Services Other$122,912$49,368$2,304$174,584
Fees for Services Accounting-$167,229-$167,229
Current Officers, Directors, Trustees, and Key Employees$14,837$118,700$14,838$148,375
Travel$108,341$24,434$576$133,351
Interest$107,366--$107,366
Other Employee Benefits$60,623$31,164$5,482$97,269
Information Technology$5,700$65,080-$70,780
Conferences and Meetings$35,172$1,745$15$36,932
Other Expenses$14,771$1,164$68$16,003
Pension Plan Contributions$4,197$1,416$436$6,049
All Other Expenses$1,836$175-$2,011
Total Functional Expenses$8,789,678$1,590,255$257,594$10,637,527

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,637,527
Total Expenses per Audited Statements$9,105,953
Expenses per Audited Statements$8,729,245
Expenses Not Reported on Financial Statements$1,908,282
Other Expense Adjustments$1,908,282
Expenses Not Reported on Form 990$376,708
International Activity

International Summary

Offices
0
Employees
0
Spending
$27,657

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram ServiceStudent Recruitment00$7,954
North AmericaProgram ServiceStudent Recruitment00$6,553
Europe (including Iceland & Greenland)Program ServiceStudent Recruitment00$6,157
Middle East and North AfricaProgram ServiceStudent Recruitment00$4,773
East Asia and the PacificProgram ServiceStudent Recruitment00$2,220
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
-An Owner of the Entity Is an Officer of the OrganizationTHE ENTITY WAS PAID $143,054 FOR ACCOUNTING SERVICES.No$143,054
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Asset Retirement Obligations$99,735
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 11

The organization's officers and board of trustees review the form 990.

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

The organization requires officers and directors to annually disclose any conflicts of interest. Officers and directors recuse themselves from any discussion and decision making related to conflicts of interest.

Form 990, Part VI, Section B, Line 15

The organization's board of directors determines officer salaries. Compensation is based on experience, salary history and salary surveys of similar organizations. The salary determination process is documented by the board of directors.

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.

Filing and Contact Details

Filer

Filer Name
Wentworth Military Academy
EIN
44-0483220
Phone
6602592221
Address
1880 WASHINGTON AVE, LEXINGTON, MO 64067

Signing Officer

Name
Glenn Miller
Title
Chief Financial Officer
Phone
6602592221
Signed
2016-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Lierman
Formed
1951
Legal Domicile
Mo
Voting Board Members
11
Independent Board Members
10
Employees
162
Volunteers
20

Preparer

Firm
Keller & Owens LLC
Address
10955 LOWELL AVE STE 800, OVERLAND PARK, KS 66210
Preparer
Rich a Bili
Phone
9133383500
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

The board of directors is responsible for the selection and review of the auditor and audited financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization has adopted the provisions of fasb asc 740-10 as it might apply to the organization's financial transactions. The organization's policy is to record a liability for any tax position that is beneficial to the organization, including any related interest and penalties, when it is more likely than not the position taken by management with respect to the transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of may 31, 2015 and, accordingly, no liability has been accrued.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 366,691.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

SCHOLARSHIPS 1,908,282.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 366,691.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

SCHOLARSHIPS 1,908,282.

Raw XML AppendixShowing 400 of 681 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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