Civic Intelligence

Hartfield Academy Inc.

990 • Fiscal year 2024 • EIN 45-2712832

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 15, 2024

1240 Luckney RoadFlowood, MS 39232

(601) 992-5333

Siviq Scores

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

Liabilities / Assets

75th percentile

0.53x

Higher debt load relative to assets than 75% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

1.19x

Higher debt load relative to revenue than 80% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

50th percentile

$258,931

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$31,121,281

Up $4,634,935 (+17%) from 2023

Net Assets

Up

$14,539,469

Up $2,182,281 (+18%) from 2023

Liabilities

Up

$16,581,812

Up $2,452,654 (+17%) from 2023

Revenue

Up

$13,914,177

Up $1,695,688 (+14%) from 2023

Expenses

Up

$11,743,364

Up $990,604 (+9.2%) from 2023

Net Income

Up

$2,170,813

Up $705,084 (+48%) from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2012: $2,906,257Liabilities 2012: $1,909,966Net Assets 2012: $996,2912012Assets 2013: $7,218,171Liabilities 2013: $6,402,932Net Assets 2013: $815,2392013Assets 2014: $6,326,799Liabilities 2014: $5,024,486Net Assets 2014: $1,302,3132014Assets 2015: $6,346,207Liabilities 2015: $4,983,310Net Assets 2015: $1,362,8972015Assets 2016: $8,214,822Liabilities 2016: $6,644,583Net Assets 2016: $1,570,2392016Assets 2017: $11,997,199Liabilities 2017: $7,105,738Net Assets 2017: $4,891,4612017Assets 2018: $21,592,118Liabilities 2018: $15,578,142Net Assets 2018: $6,013,9762018Assets 2019: $22,969,985Liabilities 2019: $16,475,532Net Assets 2019: $6,494,4532019Assets 2020: $22,881,598Liabilities 2020: $15,948,215Net Assets 2020: $6,933,3832020Assets 2021: $22,303,851Liabilities 2021: $14,345,166Net Assets 2021: $7,958,6852021Assets 2022: $24,403,436Liabilities 2022: $13,517,525Net Assets 2022: $10,885,9112022Assets 2023: $26,486,346Liabilities 2023: $14,129,158Net Assets 2023: $12,357,1882023Assets 2024: $31,121,281Liabilities 2024: $16,581,812Net Assets 2024: $14,539,4692024Assets 2025: $34,378,034Liabilities 2025: $19,268,994Net Assets 2025: $15,109,0402025

Highlighted filing

2024

Assets$31,121,281
Liabilities$16,581,812
Net Assets$14,539,469

Operations Trend

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

$15M$10M$5.0M$0Revenue 2012: $215,018Expenses 2012: $165,292Net Income 2012: $49,7262012Revenue 2013: $4,373,323Expenses 2013: $4,314,120Net Income 2013: $59,2032013Revenue 2014: $4,809,380Expenses 2014: $4,507,743Net Income 2014: $301,6372014Revenue 2015: $5,381,361Expenses 2015: $5,274,779Net Income 2015: $106,5822015Revenue 2016: $5,992,388Expenses 2016: $5,785,046Net Income 2016: $207,3422016Revenue 2017: $10,081,515Expenses 2017: $6,760,293Net Income 2017: $3,321,2222017Revenue 2018: $7,946,379Expenses 2018: $6,823,864Net Income 2018: $1,122,5152018Revenue 2019: $8,395,426Expenses 2019: $7,914,949Net Income 2019: $480,4772019Revenue 2020: $9,371,537Expenses 2020: $8,932,607Net Income 2020: $438,9302020Revenue 2021: $10,702,856Expenses 2021: $9,677,554Net Income 2021: $1,025,3022021Revenue 2022: $13,249,277Expenses 2022: $10,299,761Net Income 2022: $2,949,5162022Revenue 2023: $12,218,489Expenses 2023: $10,752,760Net Income 2023: $1,465,7292023Revenue 2024: $13,914,177Expenses 2024: $11,743,364Net Income 2024: $2,170,8132024Revenue 2025: $14,176,271Expenses 2025: $13,621,177Net Income 2025: $555,0942025

Highlighted filing

2024

Revenue$13,914,177
Expenses$11,743,364
Net Income$2,170,813
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$13,955,159
Mission and Program Overview

Mission

Hartfield academy, inc. Is a christ-centered, college preparatory school created to help families prepare their young people academically, emotionally and spiritually to pursue the next stages of their lives with a passion for learning, for putting others ahead of self, and for the living and active jesus christ.

Hartfield is a christ-centered, college prep school created to enable its students to gain mastery at the pre-collegiate level and create a significant platform for furture success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,570,387$26,970,796▲ $8,400,409
Cash and Non-Interest-Bearing Accounts$6,618,630$2,361,900▼ $4,256,730
Pledges and Grants Receivable-$670,415-
Investments Program Related$125,399$109,087▼ $16,312
Accounts Receivable$126,679$99,143▼ $27,536
Prepaid Expenses and Deferred Charges$4,268$13,609▲ $9,341
Total Assets$26,486,346$31,121,281▲ $4,634,935
Other Assets Total$1,040,983$896,331▼ $144,652
Liabilities
Tax Exempt Bond Liabilities$8,323,225$7,328,537▼ $994,688
Other Liabilities$1,404,025$4,989,490▲ $3,585,465
Deferred Revenue$2,954,339$3,180,527▲ $226,188
Mortgage Notes Payable Secured by Investment Property$655,668$640,485▼ $15,183
Accounts Payable and Accrued Expenses$791,901$442,773▼ $349,128
Total Liabilities$14,129,158$16,581,812▲ $2,452,654
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,107,233$13,505,747▲ $1,398,514
Net Assets With Donor Restrictions$249,955$1,033,722▲ $783,767
Total Net Assets Fund Balance$12,357,188$14,539,469▲ $2,182,281
Total Liabilities and Net Assets / Fund Balance$26,486,346$31,121,281▲ $4,634,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,238,406$5,337,705-
Other Land Buildings$156,363$808,332-
Land$1,987,600--
Equipment$56,718$794,782-
Leasehold Improvements$12,531,709$1,320,003-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$187,619-▲ $14,187$3,500$198,306
2022$183,770-▲ $8,851$5,000$187,621
2021$167,529$35,000▼ $18,759-$183,770
2020$134,210$25,000▲ $8,319-$167,529
2019$115,738$25,000▼ $3,228$3,300$134,210
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
David J HornerHeadmaster$217,000$41,931$258,931

Board Members and Trustees

NameTitle
Tim SensingChairman
Richard SimpsonVice Chairma
Andrea HarkinsDirector
Baxter BurnsDirector
Bill SullivanDirector
Chris GillardDirector
Lane CockrellDirector
Melanie DewSecretary
Lee AdamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,726,342
Program Service Revenue
$11,927,820
Investment Income
$34,613
Other Revenue
$225,402
All Other Contributions
$1,726,342
Change in Net Assets
$2,170,813

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,955,159
Revenue Not Reported on Financial Statements
$-40,982
Other Revenue Adjustments
$-40,982
Total Revenue per Audited Statements
$13,955,159
Total Revenue per Form 990
$13,914,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,645,076
Other Expenses$4,098,288
Total Fundraising Expense$165,786
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,817,094$1,718,059$89,702$6,624,855
Depreciation Depletion$851,965$202,341-$1,054,306
Other Employee Benefits$741,828$264,579$13,814$1,020,221
Occupancy$497,108$118,062$6,213$621,383
Interest$284,139$67,479-$351,618
Information Technology$159,480$37,875$1,991$199,346
Office Expenses$76,698$79,876$14,414$170,988
Fees for Services Other$18,292$54,879$10,950$84,121
Advertising-$41,596-$41,596
Travel$21,206$5,028-$26,234
Other Expenses$16,743$2,810$331$19,884
Total Functional Expenses$8,881,557$2,696,021$165,786$11,743,364

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,784,346
Expenses per Audited Statements$11,743,364
Total Expenses per Form 990$11,743,364
Expenses Not Reported on Form 990$40,982
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$153,713
Fundraising Direct Expenses$40,982
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boston Butt$68,891$68,891$34,182$34,709
Auction$52,193$52,193-$52,193
Total Events$153,713$153,713$40,982$112,731
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$3,678,395
Lease Liability$896,331
Payroll Liabilities$414,764

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMississippi Business Finance Corp2017-12-13$16,000,000Construction & equipping of school

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$16,000,000--$158,190

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by the treasurer prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

All trustees, officers, and certain identified agents and employees are required to sign a conflict of interest disclosure statement annually attesting to any position held, or interests in, any potential contracting parties, whether held by the trustee, officer, agent, or employee, or to the extent of their knowledge, by members of his or her immediate family. The trustee, officer, agent or employee with the conflict may not be present during the discussion or vote of the baord of directors which approves or authorizes the contract or transaction.

Form 990, Page 6, Part VI, Line 15A

Compensation amounts for top management officials, as well as other employees, are reviewed and approved by the board of directors and are comparable to similarly qualified persons in functionally comparable positions at similarly situated organizations.

Form 990, Page 6, Part VI, Line 15B

Compensation amounts for top management officials, as well as other employees, are reviewed and approved by the board of directors and are comparable to similarly qualified persons in functionally comparable positions at similarly situated organizations.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon request.

Form 990, Part VIII

Total contributions do not match schedule b - schedule b includes donations paid on pledge balances by donors. These amounts decreased the pledge receivable account and were not included in the current year in income.

Filing and Contact Details

Filer

Filer Name
Hartfield Academy Inc
EIN
45-2712832
Phone
6019925333
Address
1240 LUCKNEY ROAD, FLOWOOD, MS 39232

Signing Officer

Name
David J Horner
Title
Headmaster
Phone
6019925333
Signed
2024-11-15

Organization Details

Principal Officer
Tim Sensing
Formed
2011
Legal Domicile
Ms
Voting Board Members
9
Independent Board Members
9
Employees
252
Volunteers
210

Preparer

Firm
May & Company Llp
Address
110 MONUMENT PL, VICKSBURG, MS 39180
Preparer
Nathaniel J Cummins
Phone
6016364762
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Hartfield academy, inc. Is a christ-centered, college preparatory school created to help families prepare their young people academically, emotionally and spiritually to pursue the next stages of their lives with a passion for learning, for putting others ahead of self, and for the living and active jesus christ.

Form 990, Part XI, Line 9

Fundraising expenses 40,982 fundraising expenses -40,982

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Fundraising expenses -40,982

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 40,982

Schedule D, Page 4, Part XIII

The academy's endowment consists of one donor-restricted fund established for its reach program. The academy has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to the reach program, while seeking to maintain the purchasing power of the endowment.

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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HARTFIELD ACADEMY, INC. IS A CHRIST-CENTERED, COLLEGE PREPARATORY SCHOOL CREATED TO HELP FAMILIES PREPARE THEIR YOUNG PEOPLE ACADEMICALLY, EMOTIONALLY AND SPIRITUALLY TO PURSUE THE NEXT STAGES OF THEIR LIVES WITH A PASSION FOR LEARNING, FOR PUTTING OTHERS AHEAD OF SELF, AND FOR THE LIVING AND ACTIVE JESUS CHRIST.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0640485
IRS990/NetAssetsOrFundBalancesBOYAmt012357188
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0112731
IRS990/NetUnrlzdGainsLossesInvstAmt011468
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013505747
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt06213
IRS990/OccupancyGrp/ManagementAndGeneralAmt0118062
IRS990/OccupancyGrp/ProgramServicesAmt0497108
IRS990/OccupancyGrp/TotalAmt0621383
IRS990/OfficeExpensesGrp/FundraisingAmt014414
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt079876
IRS990/OfficeExpensesGrp/ProgramServicesAmt076698
IRS990/OfficeExpensesGrp/TotalAmt0170988
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IRS990/OnBehalfOfIssuerInd0false
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01040983
IRS990/OtherAssetsTotalGrp/EOYAmt0896331
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt013814
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0264579
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt01020221
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc1JANITORIAL & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3HOST EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt02363
IRS990/OtherExpensesGrp/FundraisingAmt15176
IRS990/OtherExpensesGrp/FundraisingAmt220832
IRS990/OtherExpensesGrp/FundraisingAmt3331
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt098341
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15096
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22810
IRS990/OtherExpensesGrp/ProgramServicesAmt0761704
IRS990/OtherExpensesGrp/ProgramServicesAmt1419254
IRS990/OtherExpensesGrp/ProgramServicesAmt2216046
IRS990/OtherExpensesGrp/ProgramServicesAmt316743
IRS990/OtherExpensesGrp/TotalAmt0764067
IRS990/OtherExpensesGrp/TotalAmt1522771
IRS990/OtherExpensesGrp/TotalAmt2241974
IRS990/OtherExpensesGrp/TotalAmt319884
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IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01718059
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04817094
IRS990/OtherSalariesAndWagesGrp/TotalAmt06624855
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0670415
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04268
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013609
IRS990/PrincipalOfficerNm0TIM SENSING
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2AFTER SCHOOL CARE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3ATHLETICS
IRS990/ProgramServiceRevenueGrp/Desc4LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09705058
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11131283
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2698105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3368579
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt424795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09705058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11131283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2698105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3368579
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt424795
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0866632
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt054608
IRS990/PYOtherExpensesAmt03848459
IRS990/PYOtherRevenueAmt0283768
IRS990/PYProgramServiceRevenueAmt011013481
IRS990/PYRevenuesLessExpensesAmt01465729
IRS990/PYSalariesCompEmpBnftPaidAmt06904301
IRS990/PYTotalExpensesAmt010752760
IRS990/PYTotalRevenueAmt012218489
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02170813
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011927820
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt012238406
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05337705
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt017576111
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0187619
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0198306
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt014187
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt03500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0183770
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0187621
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08851
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt05000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0167529
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt035000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0183770
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18759
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0134210
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0167529
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08319
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0115738
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt025000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0134210
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3228
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt03300
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt056718
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0794782
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0851500
IRS990ScheduleD/ExpensesNotReportedAmt040982
IRS990ScheduleD/ExpensesSubtotalAmt011743364
IRS990ScheduleD/LandGrp/BookValueAmt01987600
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01987600
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012531709
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01320003
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt013851712
IRS990ScheduleD/OtherExpensesIncludedAmt040982
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0156363
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0808332
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0964695
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03678395
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1896331
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2414764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-40982
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-40982
IRS990ScheduleD/RevenueSubtotalAmt013955159
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES -40,982
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 40,982
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2THE ACADEMY'S ENDOWMENT CONSISTS OF ONE DONOR-RESTRICTED FUND ESTABLISHED FOR ITS REACH PROGRAM. THE ACADEMY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE REACH PROGRAM, WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026970796
IRS990ScheduleD/TotalExpensesPerForm990Amt011743364
IRS990ScheduleD/TotalLiabilityAmt04989490
IRS990ScheduleD/TotalRevenuePerForm990Amt013914177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013955159
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011784346
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0HARTFIELD ACADEMY, INC. IS LOCATED IN RANKIN COUNTY, MISSISSIPPI. MOST OF THE SCHOOL'S STUDENT BODY IS COMPRISED OF RESIDENTS OF THIS COUNTY. HARTFIELD PUBLISHES THEIR NON- DISCRIMINATION POLICY IN ALL THREE NEWSPAPERS SERVING RANKIN COUNTY, MISSISSIPPI DURING THE REGISTRATION PERIOD.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt040982
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOSTON BUTT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt068891
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt052193
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt032629
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0153713
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt068891

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$34.4$19.3$15.1$14.2$13.6$0.56
2024Detailed filing. Detailed filing data is available for this year.$31.1$16.6$14.5$13.9$11.7$2.17
2023Detailed filing. Detailed filing data is available for this year.$26.5$14.1$12.4$12.2$10.8$1.47
2022Detailed filing. Detailed filing data is available for this year.$24.4$13.5$10.9$13.2$10.3$2.95
2021Detailed filing. Detailed filing data is available for this year.$22.3$14.3$7.96$10.7$9.68$1.03
2020Detailed filing. Detailed filing data is available for this year.$22.9$15.9$6.93$9.37$8.93$0.44
2019Detailed filing. Detailed filing data is available for this year.$23.0$16.5$6.49$8.40$7.91$0.48
2018Detailed filing. Detailed filing data is available for this year.$21.6$15.6$6.01$7.95$6.82$1.12
2017Detailed filing. Detailed filing data is available for this year.$12.0$7.11$4.89$10.1$6.76$3.32
2016Detailed filing. Detailed filing data is available for this year.$8.21$6.64$1.57$5.99$5.79$0.21
2015Detailed filing. Detailed filing data is available for this year.$6.35$4.98$1.36$5.38$5.27$0.11
2014Summary only. Only limited summary data is available for this year.$6.33$5.02$1.30$4.81$4.51$0.30
2013Summary only. Only limited summary data is available for this year.$7.22$6.40$0.82$4.37$4.31$0.06
2012Summary only. Only limited summary data is available for this year.$2.91$1.91$1.00$0.22$0.17$0.05