Civic Intelligence

First State Military Academy

990 • Fiscal year 2020 • EIN 45-0672529

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 27, 2021

Organization ProfileWWW.FIRSTSTATEMILITARYACADEMY.ORG
355 W Duck Creek Road PO Box 888Clayton, DE 19901

(302) 223-2150

Siviq Scores

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

Liabilities / Assets

98th percentile

1.53x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

2.97x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

17th percentile

-12%

Higher net margin than 17% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

27th percentile

$113,791

Higher top officer pay than 27% of similar nonprofits.

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

62nd percentile

12%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$12,682,234

Up $1,314,627 (+12%) from 2019

Net Assets

Down

-$6,735,704

Down $758,693 (-13%) from 2019

Liabilities

Up

$19,417,938

Up $2,073,320 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin17th percentile

Revenue

Up

$6,534,623

Up $915,839 (+16%) from 2019

Expenses

Up

$7,293,316

Up $604,868 (+9.0%) from 2019

Net Income

Up

-$758,693

Up $310,971 (+29%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$30M$20M$10M$0-$10M-$20MAssets 2013: $305,631Liabilities 2013: $650Net Assets 2013: $304,9812013Assets 2014: $2,729,064Liabilities 2014: $2,156,997Net Assets 2014: $572,0672014Assets 2015: $5,993,882Liabilities 2015: $6,199,211Net Assets 2015: -$205,3292015Assets 2016: $6,514,350Liabilities 2016: $7,146,593Net Assets 2016: -$632,2432016Assets 2017: $7,031,881Liabilities 2017: $8,038,435Net Assets 2017: -$1,006,5542017Assets 2018: $9,694,200Liabilities 2018: $14,601,547Net Assets 2018: -$4,907,3472018Assets 2019: $11,367,607Liabilities 2019: $17,344,618Net Assets 2019: -$5,977,0112019Assets 2020: $12,682,234Liabilities 2020: $19,417,938Net Assets 2020: -$6,735,7042020Assets 2021: $14,894,990Liabilities 2021: $22,525,283Net Assets 2021: -$7,630,2932021Assets 2022: $16,149,457Liabilities 2022: $25,092,179Net Assets 2022: -$8,942,7222022Assets 2023: $13,339,199Liabilities 2023: $23,958,580Net Assets 2023: -$10,619,3812023Assets 2024: $12,074,713Liabilities 2024: $23,734,934Net Assets 2024: -$11,660,2212024Assets 2025: $10,992,535Liabilities 2025: $22,444,946Net Assets 2025: -$11,452,4112025

Highlighted filing

2020

Assets$12,682,234
Liabilities$19,417,938
Net Assets-$6,735,704
Open 2020 Filing

Operations Trend

Revenue Growth74th percentile

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

$10M$5.0M$0-$5.0MRevenue 2013: $325,018Expenses 2013: $20,037Net Income 2013: $304,9812013Revenue 2014: $368,541Expenses 2014: $101,455Net Income 2014: $267,0862014Revenue 2015: $1,140,036Expenses 2015: $1,951,186Net Income 2015: -$811,1502015Revenue 2016: $1,207,150Expenses 2016: $1,634,064Net Income 2016: -$426,9142016Revenue 2017: $3,671,751Expenses 2017: $4,046,062Net Income 2017: -$374,3112017Revenue 2018: $5,271,988Expenses 2018: $5,755,775Net Income 2018: -$483,7872018Revenue 2019: $5,618,784Expenses 2019: $6,688,448Net Income 2019: -$1,069,6642019Revenue 2020: $6,534,623Expenses 2020: $7,293,316Net Income 2020: -$758,6932020Revenue 2021: $7,272,088Expenses 2021: $8,166,677Net Income 2021: -$894,5892021Revenue 2022: $7,319,999Expenses 2022: $8,641,941Net Income 2022: -$1,321,9422022Revenue 2023: $7,588,163Expenses 2023: $9,264,822Net Income 2023: -$1,676,6592023Revenue 2024: $7,068,801Expenses 2024: $8,109,641Net Income 2024: -$1,040,8402024Revenue 2025: $7,732,804Expenses 2025: $7,524,994Net Income 2025: $207,8102025

Highlighted filing

2020

Revenue$6,534,623
Expenses$7,293,316
Net Income-$758,693
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 27, 2021
Return Version
2019v5.2
Gross Receipts
$6,534,623
Mission and Program Overview

Mission

The mission of the first state military academy is to provide an education experience that focuses on the intellectual, physical, and emotional growth of the child. Our school will provide a structed learning evironment and a strong culture of academic rigour, military discipline, citizenship, and leadership, and the application of strong moral values. Graduates will develop respect for themselves, those on whom they depend, and those that depend on them, ensuring successful entry into adult life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,838,645$5,580,103▼ $258,542
Cash and Non-Interest-Bearing Accounts$652,887$1,316,277▲ $663,390
Accounts Receivable$11,615$7,128▼ $4,487
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-5,977,011$-6,735,704▼ $758,693
Total Assets$11,367,607$12,682,234▲ $1,314,627
Other Assets Total$4,864,460$5,778,726▲ $914,266
Liabilities
Other Liabilities$9,716,977$11,925,107▲ $2,208,130
Mortgage Notes Payable Secured by Investment Property$6,930,000$6,847,254▼ $82,746
Accounts Payable and Accrued Expenses$697,641$645,577▼ $52,064
Total Liabilities$17,344,618$19,417,938▲ $2,073,320
Net Assets / Fund Balance
Total Net Assets Fund Balance$-5,977,011$-6,735,704▼ $758,693
Total Liabilities and Net Assets / Fund Balance$11,367,607$12,682,234▲ $1,314,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,016,051$643,586$5,659,637
Equipment$469,762$800,623$1,270,385
Land$94,290-$94,290
Other Assets Org$4,595,260--
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patrick GallucciCommandantFT$109,250$4,541$113,791

Board Members and Trustees

NameTitle
Scott KidnerBoard President
Christopher MartinBoard Member
Hans ReigleBoard Member
Jim BergBoard Member
Katherine StarkBoard Member
Kevin YencerBoard Member
Leslie StaplefordBoard Member
Lt Col Len GratteriBoard Member
Reggie CapitanBoard Member
Verity WatsonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$6,332,141
Program Service Revenue
$165,333
Investment Income
$37,149
Other Revenue
$0
Change in Net Assets
$-758,693

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,534,623
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,534,623
Total Revenue per Form 990
$6,534,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,263,330
Other Expenses$2,029,986
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,207,886$379,150-$2,587,036
Other Employee Benefits$1,251,291$214,762-$1,466,053
Pension Plan Contributions$774,440$132,919-$907,359
Fees for Services Other$298,552$51,241-$349,793
Depreciation Depletion$293,646$50,399-$344,045
Payroll Taxes$162,736$27,931-$190,667
Interest$161,519$27,722-$189,241
Current Officers, Directors, Trustees, and Key Employees$95,952$16,263-$112,215
Other Expenses$57,631$9,891-$67,522
Occupancy$54,573$9,367-$63,940
Insurance$34,314$5,889-$40,203
Office Expenses$26,490$4,547-$31,037
Fees for Services Accounting$16,835$2,890-$19,725
Travel$1,440$247-$1,687
Total Functional Expenses$6,224,918$1,068,398$0$7,293,316

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,293,316
Total Expenses per Audited Statements$7,293,316
Total Expenses per Form 990$7,293,316
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Opeb Liability$8,378,340
Deferred Inflows of Resources - Opeb$1,845,744
Pension Liablity$1,681,625
Deferred Inflows of Resources - Pension$12,343
Related Party Note Payable$7,055
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed and approved by the board prior to its filing.”

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

“Board members are asked to disclose any conflict of interest on an annual basis.”

Form 990, Part VI, Section B, Line 15

“The board of directors determine compensation for the organization's top management officials.”

Form 990, Part VI, Section C, Line 18

“The organization will make form 990 upon request. Additionally, form 990 will be available on guidestar.org.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
First State Military Academy
EIN
45-0672529
Phone
3022232150
Address
355 W DUCK CREEK ROAD PO BOX 888, CLAYTON, DE 19901

Signing Officer

Name
Scott Kidner
Title
Chairman
Phone
3022232150
Signed
2021-04-27

Organization Details

Principal Officer
Scott Kidner
Formed
2011
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Barbacane Thornton & Company Llp
Address
200 SPRINGER BLDG 3411 SILVERSIDE, RD, WILMINGTON, DE 19810-4866
Preparer
Jeffrey a Kowalczyk CPA
Phone
3024788940
Supplemental Narrative

Additional Explanations

Part XII Line 2C

“Process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The academy is exempt from federal income tax under section 501(c)(3) of the internal revenue code and, therefore, has no provision for federal income taxes. The academy qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(2). The academy did not engage in any unrelated business activities during the fiscal year. Management believes it is more likely than not that its tax-exempt status and tax positions will be sustained if examined by authorities.”

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IRS990/MissionDesc0THE MISSION OF THE FIRST STATE MILITARY ACADEMY IS TO PROVIDE AN EDUCATION EXPERIENCE THAT FOCUSES ON THE INTELLECTUAL, PHYSICAL, AND EMOTIONAL GROWTH OF THE CHILD. OUR SCHOOL WILL PROVIDE A STRUCTED LEARNING EVIRONMENT AND A STRONG CULTURE OF ACADEMIC RIGOUR, MILITARY DISCIPLINE, CITIZENSHIP, AND LEADERSHIP, AND THE APPLICATION OF STRONG MORAL VALUES. GRADUATES WILL DEVELOP RESPECT FOR THEMSELVES, THOSE ON WHOM THEY DEPEND, AND THOSE THAT DEPEND ON THEM, ENSURING SUCCESSFUL ENTRY INTO ADULT LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06930000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06847254
IRS990/NetAssetsOrFundBalancesBOYAmt0-5977011
IRS990/NetAssetsOrFundBalancesEOYAmt0-6735704
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09367
IRS990/OccupancyGrp/ProgramServicesAmt054573
IRS990/OccupancyGrp/TotalAmt063940
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04547
IRS990/OfficeExpensesGrp/ProgramServicesAmt026490
IRS990/OfficeExpensesGrp/TotalAmt031037
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04864460
IRS990/OtherAssetsTotalGrp/EOYAmt05778726
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0214762
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01251291
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01466053
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1OTHER SUPPLIES
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt087695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt130756
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt39891
IRS990/OtherExpensesGrp/ProgramServicesAmt0510948
IRS990/OtherExpensesGrp/ProgramServicesAmt1179195
IRS990/OtherExpensesGrp/ProgramServicesAmt297470
IRS990/OtherExpensesGrp/ProgramServicesAmt357631
IRS990/OtherExpensesGrp/TotalAmt0598643
IRS990/OtherExpensesGrp/TotalAmt1209951
IRS990/OtherExpensesGrp/TotalAmt2114199
IRS990/OtherExpensesGrp/TotalAmt367522
IRS990/OtherLiabilitiesGrp/BOYAmt09716977
IRS990/OtherLiabilitiesGrp/EOYAmt011925107
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0379150
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02207886
IRS990/OtherSalariesAndWagesGrp/TotalAmt02587036
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027931
IRS990/PayrollTaxesGrp/ProgramServicesAmt0162736
IRS990/PayrollTaxesGrp/TotalAmt0190667
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0132919
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0774440
IRS990/PensionPlanContributionsGrp/TotalAmt0907359
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT KIDNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0107649
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt157684
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0107649
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt157684
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05433580
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt017700
IRS990/PYOtherExpensesAmt02163528
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0167504
IRS990/PYRevenuesLessExpensesAmt0-1069664
IRS990/PYSalariesCompEmpBnftPaidAmt04524920
IRS990/PYTotalExpensesAmt06688448
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05618784
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-758693
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0165333
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-5977011
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-6735704
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05016051
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0643586
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05659637
IRS990ScheduleD/EquipmentGrp/BookValueAmt0469762
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0800623
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01270385
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07293316
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt094290
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt094290
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01183466
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14595260
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS RELATED TO OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01681625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28378340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31845744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt412343
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABLITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOWS OF RESOURCES - OPEB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DEFERRED INFLOWS OF RESOURCES - PENSION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06534623
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE ACADEMY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ACADEMY DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE FISCAL YEAR. MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT ITS TAX-EXEMPT STATUS AND TAX POSITIONS WILL BE SUSTAINED IF EXAMINED BY AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05580103
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05778726
IRS990ScheduleD/TotalExpensesPerForm990Amt07293316
IRS990ScheduleD/TotalLiabilityAmt011925107
IRS990ScheduleD/TotalRevenuePerForm990Amt06534623
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06534623
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07293316
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLICIZES ITS NONDISCRIMINATION POLICY ON THEIR EMAILS, ON ITS WEBSITE, AND ON OTHER PUBLISHED COMMUNCATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1RECEIVES MAJORITY OF FUNDING FROM STATE OF DELAWARE, FEDERAL GOVT, AND LOCAL SCHOOL DISTRICTS IN ADDITION TO CONTRIBUTIONS FROM ARMED FORCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DETERMINE COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL MAKE FORM 990 UPON REQUEST. ADDITIONALLY, FORM 990 WILL BE AVAILABLE ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011367607
IRS990/TotalAssetsEOYAmt012682234
IRS990/TotalAssetsGrp/BOYAmt011367607
IRS990/TotalAssetsGrp/EOYAmt012682234
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06332141
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01068398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06224918
IRS990/TotalFunctionalExpensesGrp/TotalAmt07293316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017344618
IRS990/TotalLiabilitiesEOYAmt019417938
IRS990/TotalLiabilitiesGrp/BOYAmt017344618
IRS990/TotalLiabilitiesGrp/EOYAmt019417938
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-5977011
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-6735704

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,682,234
Liabilities
$19,417,938
Net assets
-$6,735,704
Revenue
$6,534,623
Expenses
$7,293,316
Net income
-$758,693
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.0$22.4$11.5$7.73$7.52$0.21
2024Detailed filing. Detailed filing data is available for this year.$12.1$23.7$11.7$7.07$8.11$1.04
2023Detailed filing. Detailed filing data is available for this year.$13.3$24.0$10.6$7.59$9.26$1.68
2022Detailed filing. Detailed filing data is available for this year.$16.1$25.1$8.94$7.32$8.64$1.32
2021Detailed filing. Detailed filing data is available for this year.$14.9$22.5$7.63$7.27$8.17$0.89
2020Detailed filing. Detailed filing data is available for this year.$12.7$19.4$6.74$6.53$7.29$0.76
2019Detailed filing. Detailed filing data is available for this year.$11.4$17.3$5.98$5.62$6.69$1.07
2018Detailed filing. Detailed filing data is available for this year.$9.69$14.6$4.91$5.27$5.76$0.48
2017Detailed filing. Detailed filing data is available for this year.$7.03$8.04$1.01$3.67$4.05$0.37
2016Summary only. Only limited summary data is available for this year.$6.51$7.15$0.63$1.21$1.63$0.43
2015Detailed filing. Detailed filing data is available for this year.$5.99$6.20$0.21$1.14$1.95$0.81
2014Detailed filing. Detailed filing data is available for this year.$2.73$2.16$0.57$0.37$0.10$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.30$0.33$0.02$0.30