Civic Intelligence

Jackson Hole Classical Academy Inc

990 • Fiscal year 2017 • EIN 45-2795231

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 20, 2018

PO Box 7466Jackson, WY 83002

(307) 201-5040

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.33x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.08x

Higher debt load relative to revenue than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

53rd percentile

4.0%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

5th percentile

-22%

Faster asset growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-1.7%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$569,703

Down $159,706 (-22%) from 2016

Net Assets

Down

$382,461

Down $300,899 (-44%) from 2016

Liabilities

Up

$187,242

Up $141,193 (+307%) from 2016

Revenue

Down

$2,245,218

Down $39,851 (-1.7%) from 2016

Expenses

Up

$2,154,938

Up $214,753 (+11%) from 2016

Net Income

Down

$90,280

Down $254,604 (-74%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2013: $25,151Liabilities 2013: $2,5252013Assets 2014: $564,104Liabilities 2014: $108,686Net Assets 2014: $455,4182014Assets 2015: $508,153Liabilities 2015: $169,677Net Assets 2015: $338,4762015Assets 2016: $729,409Liabilities 2016: $46,049Net Assets 2016: $683,3602016Assets 2017: $569,703Liabilities 2017: $187,242Net Assets 2017: $382,4612017Assets 2018: $715,710Liabilities 2018: $251,070Net Assets 2018: $464,6402018Assets 2019: $6,449,654Liabilities 2019: $935,412Net Assets 2019: $5,514,2422019Assets 2020: $14,975,594Liabilities 2020: $194,317Net Assets 2020: $14,781,2772020Assets 2021: $2,249,358Liabilities 2021: $265,457Net Assets 2021: $1,983,9012021Assets 2022: $2,217,280Liabilities 2022: $481,829Net Assets 2022: $1,735,4512022Assets 2023: $8,775,874Liabilities 2023: $1,159,219Net Assets 2023: $7,616,6552023Assets 2024: $52,561,542Liabilities 2024: $4,181,751Net Assets 2024: $48,379,7912024

Highlighted filing

2017

Assets$569,703
Liabilities$187,242
Net Assets$382,461

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2013: $89,720Expenses 2013: $144,064Net Income 2013: -$54,3442013Revenue 2014: $687,757Expenses 2014: $254,965Net Income 2014: $432,7922014Revenue 2015: $1,405,853Expenses 2015: $1,522,795Net Income 2015: -$116,9422015Revenue 2016: $2,285,069Expenses 2016: $1,940,185Net Income 2016: $344,8842016Revenue 2017: $2,245,218Expenses 2017: $2,154,938Net Income 2017: $90,2802017Revenue 2018: $2,499,757Expenses 2018: $2,417,578Net Income 2018: $82,1792018Revenue 2019: $7,682,029Expenses 2019: $2,632,427Net Income 2019: $5,049,6022019Revenue 2020: $12,381,280Expenses 2020: $3,114,245Net Income 2020: $9,267,0352020Revenue 2021: $5,047,145Expenses 2021: $3,729,278Net Income 2021: $1,317,8672021Revenue 2022: $3,323,574Expenses 2022: $3,572,024Net Income 2022: -$248,4502022Revenue 2023: $9,986,155Expenses 2023: $4,104,951Net Income 2023: $5,881,2042023Revenue 2024: $45,866,313Expenses 2024: $5,103,177Net Income 2024: $40,763,1362024

Highlighted filing

2017

Revenue$2,245,218
Expenses$2,154,938
Net Income$90,280
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 20, 2018
Return Version
2016v3.1
Gross Receipts
$2,245,218
Mission and Program Overview

Mission

Jackson hole classical academy develops within its students the intellectual and moral foundations upon which responsible, independent and productive lives are built. Through rigorous, content-rich curriculum, the academy sets high expectations for all students, encouraging good habits and enabling students to reach their full academic potential.

The mission of jackson hole classical academy is to cultivate within its students the wisdom and virtue necessary to discover their god-given potential and contribute to a flourishing and free society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,420$293,515▲ $143,095
Savings and Temporary Cash Investments$183,701$142,187▼ $41,514
Land, Buildings, and Equipment, Net$136,000$111,306▼ $24,694
Investments in Publicly Traded Securities-$11,680-
Prepaid Expenses and Deferred Charges$34,517$11,015▼ $23,502
Total Assets$504,638$569,703▲ $65,065
Liabilities
Deferred Revenue$166,408$152,811▼ $13,597
Other Liabilities$19,788$21,083▲ $1,295
Accounts Payable and Accrued Expenses$26,261$13,348▼ $12,913
Total Liabilities$212,457$187,242▼ $25,215
Net Assets / Fund Balance
Unrestricted Net Assets$292,181$382,461▲ $90,280
Total Net Assets Fund Balance$292,181$382,461▲ $90,280
Total Liabilities and Net Assets / Fund Balance$504,638$569,703▲ $65,065

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$111,306$136,515$247,821
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret W ValianteChairman
Ashleigh WalkerBoard Member
Jon WylieBoard Member
Kevin RobertsBoard Member
Polly J FriessSecrtry/scho
Stephen FriessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$982,487
Program Service Revenue
$1,262,564
Investment Income
$167
Other Revenue
$0
All Other Contributions
$851,162
Change in Net Assets
$90,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,301,599
Other Expenses$471,139
Grants and Similar Amounts Paid$382,200
Total Fundraising Expense$4,011
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$983,022$85,860-$1,068,882
Grants to Domestic Individuals$382,200--$382,200
Other Employee Benefits$113,784$13,332-$127,116
Payroll Taxes$95,380$10,221-$105,601
Occupancy$85,467$5,849-$91,316
Information Technology$88,467--$88,467
Depreciation Depletion$42,811--$42,811
Advertising$26,126$4,611-$30,737
All Other Expenses$21,326$3,686$3,287$28,299
Other Expenses$25,556--$25,556
Fees for Services Accounting$7,968$7,518$724$16,210
Fees for Services Other$9,823$736-$10,559
Insurance$8,321--$8,321
Conferences and Meetings$5,184--$5,184
Fees for Services Legal$4,445--$4,445
Office Expenses$3,175$794-$3,969
Total Functional Expenses$2,018,320$132,607$4,011$2,154,938
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
Ashleigh WalkerBoard MemberTuition for ChildNo-
Jon WylieBoard MemberTuition for ChildNo-
Polly FriessSecretary/headTuition for ChildNo-
Stephen FriessTreasurerTuition for ChildNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$21,083
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 2

Polly j, friess stephen friess secretary board member family member

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

The director reviews the 990 prior to it being filed.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request. Requests can be sent to sorensen & flanagan, llc, po box 1845, 280 e broadway suite 814, jackson, wy, 83001.

Filing and Contact Details

Filer

Filer Name
Jackson Hole Classical Academy Inc
EIN
45-2795231
Phone
3072015040
Address
PO BOX 7466, JACKSON, WY 83002

Signing Officer

Name
Polly J Friess
Title
Secrtry/school Head
Phone
3072015040
Signed
2018-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Polly J Friess
Formed
2011
Legal Domicile
Wy
Voting Board Members
6
Independent Board Members
6
Employees
30
Volunteers
80

Preparer

Firm
Sorensen & Flanagan LLC
Address
PO BOX 1845, JACKSON, WY 83001
Preparer
James T Sorensen CPA
Phone
3077333938
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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0136515
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0247821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0111306
IRS990ScheduleD/TotalLiabilityAmt021083
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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/ExplanationTxt0JACKSON HOLE CLASSICAL ACADEMY PUBLISHED ITS NONDISCRIMINATION POLICY IN THE JACKSON HOLE NEWS AND GUIDE. THE NONDISCRIMINATION POLICY APPEARS ON THE TUITION ASSISTANCE PAGE OF THE WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0382200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt035
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0JACKSON HOLE CLASSICAL ACADEMYS TUITION ASSISTANCE PROGRAM IS DESIGNED TO HELP STUDENTS ATTEND THE SCHOOL. OUR SYSTEM EVALUATES EACH FAMILYS SITUATION ON AN INDIVIDUAL BASIS AND DETERMINES THEIR ABILITY TO AFFORD ENROLLMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STEPHEN FRIESS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1ASHLEIGH WALKER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2JON WYLIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3POLLY FRIESS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3SECRETARY/HEAD
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0TUITION FOR CHILD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1TUITION FOR CHILD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2TUITION FOR CHILD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3TUITION FOR CHILD
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0POLLY J, FRIESS STEPHEN FRIESS SECRETARY BOARD MEMBER FAMILY MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTOR REVIEWS THE 990 PRIOR TO IT BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS CAN BE SENT TO SORENSEN & FLANAGAN, LLC, PO BOX 1845, 280 E BROADWAY SUITE 814, JACKSON, WY, 83001.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0132607
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02018320
IRS990/TotalFunctionalExpensesGrp/TotalAmt02154938
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0212457
IRS990/TotalLiabilitiesEOYAmt0187242
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IRS990/TotalLiabilitiesGrp/EOYAmt0187242
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0292181
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0382461
IRS990/TotalProgramServiceExpensesAmt02018320
IRS990/TotalProgramServiceRevenueAmt01262564
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01262731
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02245218
IRS990/TotalVolunteersCnt080
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0569703
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0292181
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0382461
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 11655
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0WY
IRS990/USAddress/ZIPCd083002
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.JACKSONHOLECLASSICALACADEMY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0POLLY J FRIESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRTRY/SCHOOL HEAD
ReturnHeader/BusinessOfficerGrp/PhoneNum03072015040
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSON HOLE CLASSICAL ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0452795231
ReturnHeader/Filer/PhoneNum03072015040
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7466
ReturnHeader/Filer/USAddress/CityNm0JACKSON
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05F7CAAC4788FE040E6B9AE46B3101F9D97E98571
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461336065
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SORENSEN & FLANAGAN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1845
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083001
ReturnHeader/PreparerPersonGrp/PhoneNum03077333938
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES T SORENSEN CPA
ReturnHeader/ReturnTs02018-03-23T12:35:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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