Civic Intelligence

Mastery School Inc

990 • Fiscal year 2015 • EIN 45-4882206

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 22, 2015

Organization ProfileWWW.THEMASTERYSCHOOL.ORG
1301 7th Ave NMinneapolis, MN 55411

(612) 381-9743

Siviq Scores

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

Liabilities / Assets

94th percentile

1.24x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.36x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

96th percentile

107%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

30%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$1,176,774

Up $607,420 (+107%) from 2014

Net Assets

Down

-$278,408

Down $407,544 (-316%) from 2014

Liabilities

Up

$1,455,182

Up $1,014,964 (+231%) from 2014

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin70th percentile

Revenue

Up

$3,989,681

Up $910,646 (+30%) from 2014

Expenses

Up

$3,522,522

Up $696,204 (+25%) from 2014

Net Income

Up

$467,159

Up $214,442 (+85%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$10M$5.0M$0-$5.0MAssets 2012: $406,972Liabilities 2012: $277,739Net Assets 2012: $129,2332012Assets 2013: $482,029Liabilities 2013: $605,610Net Assets 2013: -$123,5812013Assets 2014: $569,354Liabilities 2014: $440,218Net Assets 2014: $129,1362014Assets 2015: $1,176,774Liabilities 2015: $1,455,182Net Assets 2015: -$278,4082015Assets 2016: $1,283,408Liabilities 2016: $2,022,812Net Assets 2016: -$739,4042016Assets 2017: $4,512,615Liabilities 2017: $5,871,907Net Assets 2017: -$1,359,2922017Assets 2018: $3,807,812Liabilities 2018: $5,970,433Net Assets 2018: -$2,162,6212018Assets 2019: $3,013,242Liabilities 2019: $4,708,521Net Assets 2019: -$1,695,2792019Assets 2020: $2,267,526Liabilities 2020: $4,683,014Net Assets 2020: -$2,415,4882020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2015

Assets$1,176,774
Liabilities$1,455,182
Net Assets-$278,408
Open 2015 Filing

Operations Trend

Revenue Growth82nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $235,105Expenses 2012: $105,872Net Income 2012: $129,2332012Revenue 2013: $1,983,505Expenses 2013: $2,236,319Net Income 2013: -$252,8142013Revenue 2014: $3,079,035Expenses 2014: $2,826,318Net Income 2014: $252,7172014Revenue 2015: $3,989,681Expenses 2015: $3,522,522Net Income 2015: $467,1592015Revenue 2016: $3,834,625Expenses 2016: $4,295,621Net Income 2016: -$460,9962016Revenue 2017: $3,732,697Expenses 2017: $4,352,585Net Income 2017: -$619,8882017Revenue 2018: $3,838,631Expenses 2018: $4,641,960Net Income 2018: -$803,3292018Revenue 2019: $4,194,649Expenses 2019: $3,727,307Net Income 2019: $467,3422019Revenue 2020: $4,377,648Expenses 2020: $5,097,857Net Income 2020: -$720,2092020Revenue 2021: $3,027,342Expenses 2021: $2,266,422Net Income 2021: $760,9202021

Highlighted filing

2015

Revenue$3,989,681
Expenses$3,522,522
Net Income$467,159
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 22, 2015
Return Version
2014v6.0
Gross Receipts
$3,989,681
Mission and Program Overview

Mission

To instruct, empower, enable, and guide students on the path through college and career success in dual single-gender programs.

To instruct, empower, enable and guide african american children to achieve superior academic, social and moral development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$356,253$356,210▼ $43
Cash and Non-Interest-Bearing Accounts$68,341$222,628▲ $154,287
Land, Buildings, and Equipment, Net$139,804$181,818▲ $42,014
Prepaid Expenses and Deferred Charges$4,956$24,062▲ $19,106
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$569,354$1,176,774▲ $607,420
Other Assets Total$0$392,056▲ $392,056
Liabilities
Other Liabilities$305,558$1,311,882▲ $1,006,324
Accounts Payable and Accrued Expenses$134,660$143,300▲ $8,640
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$440,218$1,455,182▲ $1,014,964
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$129,136$-278,408▼ $407,544
Total Net Assets Fund Balance$129,136$-278,408▼ $407,544
Total Liabilities and Net Assets / Fund Balance$569,354$1,176,774▲ $607,420

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$181,818$83,874$265,692
Other Land Buildings$0$60,696$60,696
Other Assets Org$339,930--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Sylvia BartleyChair Person
Ben WhitneyVice Chair
John TorvikContract CFO
Alfred Babington-johnsonMember
Margie SoranMember
Shelley Carthen WatsonMember
Eric MahmoudOfficer
Barbara MohamedParent
Robbie SoskinSecretary
Terrence PriceTeacher
David MiltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,989,681
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$503,786
Change in Net Assets
$467,159

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,989,681
Total Revenue per Audited Statements
$3,989,681
Total Revenue per Form 990
$3,989,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,159,146
Salaries, Compensation, and Employee Benefits$1,358,876
Total Fundraising Expense$49,124
Professional Fundraising Fees$4,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,080,026$45,959$22,979$1,148,964
Fees for Services Other$585,658$108,989$5,420$700,067
Occupancy$381,858$73,611$4,601$460,070
Fees for Services Management$167,107$138,029$6,864$312,000
Pension Plan Contributions$84,660$3,603$1,801$90,064
Payroll Taxes$81,790$3,480$1,740$87,010
Depreciation Depletion$57,259$11,728-$68,987
Other Employee Benefits$30,867$1,314$657$32,838
Insurance$25,616$5,247-$30,863
Other Expenses$5,035$18,941-$23,976
All Other Expenses$4,830$18,170-$23,000
Fees for Services Legal$11,424$9,436$469$21,329
Fees for Services Accounting-$13,035-$13,035
Interest-$4,806-$4,806
Travel$4,352$185$93$4,630
Fees for Services Professional Fundraising--$4,500$4,500
Total Functional Expenses$3,016,865$456,533$49,124$3,522,522

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,522,522
Total Expenses per Audited Statements$3,522,522
Total Expenses per Form 990$3,522,522
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$4,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Liabilities Due With$943,917
Deferred Inflows, Pensions$278,832
Due to Affiliates$89,133
Current Liabilities$0
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

“The form 990 is sent to the cfo and executive director to review. After the return has been approved the return will then be filed.”

Part VI, Section B, Line 12C

“The board has a written conflict of interest policy and the organization is in compliance with that policy. The chief compliance officer monitors all compliance matters and ensures the conflict of interest policy is enforced.”

Part VI, Section B, Line 15B

“There is a comparision done with the local school district for all salaries. All salaries are determined on an individual contract basis, based upon work experience and work performance.”

Part VI, Line C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Mastery School Inc
EIN
45-4882206
In Care Of
% ARTHUR ALEXANDER
Phone
6123819743
Address
1301 7TH AVE N, MINNEAPOLIS, MN 55411

Signing Officer

Name
Eric Mahmoud
Title
CEO
Phone
6123819743
Signed
2015-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Mahmoud
Formed
2012
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
63
Volunteers
57

Preparer

Firm
SCHECHTER DOKKEN KANTER CPA'S
Address
100 WASHINGTON AVE SO 1600, MINNEAPOLIS, MN 55401-2192
Preparer
John Lawson CPA
Phone
6123325500
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

“Description:contract services total fees:453708”

Form 990 Part IX Line 11G

“Description:other services total fees:246359”

Financial Statement Notes

Part X, Line 2

“The school has not identified any uncertainties in federal or state income taxes for any open tax years as of june 30, 2015. The school is no longer subject to federal and state tax examinations by tax authorites for years before 2012. No authorities have commenced income tax examinations as of june 30, 2015. Accordingly, no provision for income taxes is made in these financial statements.”

Raw XML AppendixShowing 400 of 518 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0134660
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0143300
IRS990/AccountsReceivableGrp/BOYAmt0356253
IRS990/AccountsReceivableGrp/EOYAmt0356210
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO INSTRUCT, EMPOWER, ENABLE AND GUIDE AFRICAN AMERICAN CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL AND MORAL DEVELOPMENT.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0503786
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018170
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04830
IRS990/AllOtherExpensesGrp/TotalAmt023000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ARTHUR ALEXANDER
IRS990/BooksInCareOfDetail/PhoneNum06128764201
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01301 7TH AVE N
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055411
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt068341
IRS990/CashNonInterestBearingGrp/EOYAmt0222628
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03989681
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02159146
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0467159
IRS990/CYSalariesCompEmpBnftPaidAmt01358876
IRS990/CYTotalExpensesAmt03522522
IRS990/CYTotalFundraisingExpenseAmt049124
IRS990/CYTotalProfFndrsngExpnsAmt04500
IRS990/CYTotalRevenueAmt03989681
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt011728
IRS990/DepreciationDepletionGrp/ProgramServicesAmt057259
IRS990/DepreciationDepletionGrp/TotalAmt068987
IRS990/Desc0Mastery School PROVIDED EDUCATIONAL SERVICES TO kindergarten through second grade. Third grade was added in the school year 2013-2014. Fourth grade will be added in the school year starting 2014-2015.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt063
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt03016865
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013035
IRS990/FeesForServicesAccountingGrp/TotalAmt013035
IRS990/FeesForServicesLegalGrp/FundraisingAmt0469
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09436
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt011424
IRS990/FeesForServicesLegalGrp/TotalAmt021329
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/FundraisingAmt06864
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0138029
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0167107
IRS990/FeesForServicesManagementGrp/TotalAmt0312000
IRS990/FeesForServicesOtherGrp/FundraisingAmt05420
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0108989
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0585658
IRS990/FeesForServicesOtherGrp/TotalAmt0700067
IRS990/FeesForServicesProfFundraising/FundraisingAmt04500
IRS990/FeesForServicesProfFundraising/TotalAmt04500
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0SYLVIA BARTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1BEN WHITNEY
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBBIE SOSKIN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID MILTON
IRS990/Form990PartVIISectionAGrp/PersonNm4ALFRED BABINGTON-JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5SHELLEY CARTHEN WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm6MARGIE SORAN
IRS990/Form990PartVIISectionAGrp/PersonNm7TERRENCE PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm8BARBARA MOHAMED
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIC MAHMOUD
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN TORVIK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR PERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TEACHER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PARENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CONTRACT CFO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt03485895
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03989681
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05247
IRS990/InsuranceGrp/ProgramServicesAmt025616
IRS990/InsuranceGrp/TotalAmt030863
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt04806
IRS990/InterestGrp/TotalAmt04806
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0144570
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0139804
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0181818
IRS990/LandBldgEquipCostOrOtherBssAmt0326388
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO INSTRUCT, EMPOWER, ENABLE AND GUIDE AFRICAN AMERICAN CHILDREN TO ACHIEVE SUPERIOR ACADEMIC, SOCIAL AND MORAL DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0129136
IRS990/NetAssetsOrFundBalancesEOYAmt0-278408
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt04601
IRS990/OccupancyGrp/ManagementAndGeneralAmt073611
IRS990/OccupancyGrp/ProgramServicesAmt0381858
IRS990/OccupancyGrp/TotalAmt0460070
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0392056
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0657
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01314
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt030867
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032838
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS & INSTRUCT. SUPPLIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018941
IRS990/OtherExpensesGrp/ProgramServicesAmt0184569
IRS990/OtherExpensesGrp/ProgramServicesAmt1163564
IRS990/OtherExpensesGrp/ProgramServicesAmt2148250
IRS990/OtherExpensesGrp/ProgramServicesAmt35035
IRS990/OtherExpensesGrp/TotalAmt0184569
IRS990/OtherExpensesGrp/TotalAmt1163564
IRS990/OtherExpensesGrp/TotalAmt2148250
IRS990/OtherExpensesGrp/TotalAmt323976
IRS990/OtherLiabilitiesGrp/BOYAmt0305558
IRS990/OtherLiabilitiesGrp/EOYAmt01311882
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt022979
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt045959
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01080026
IRS990/OtherSalariesAndWagesGrp/TotalAmt01148964
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01740
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03480
IRS990/PayrollTaxesGrp/ProgramServicesAmt081790
IRS990/PayrollTaxesGrp/TotalAmt087010
IRS990/PensionPlanContributionsGrp/FundraisingAmt01801
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03603
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt084660
IRS990/PensionPlanContributionsGrp/TotalAmt090064
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04956
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024062
IRS990/PrincipalOfficerNm0ERIC MAHMOUD
IRS990/PriorPeriodAdjustmentsAmt0-874703
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03079035
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01794899
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0252717
IRS990/PYSalariesCompEmpBnftPaidAmt01031419
IRS990/PYTotalExpensesAmt02826318
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03079035
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0467159
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/EquipmentGrp/BookValueAmt0181818
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083874
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0265692
IRS990ScheduleD/ExpensesSubtotalAmt03522522
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt052126
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1339930
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS, PENSIONS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt060696
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt060696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt089133
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2943917
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3278832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LONG TERM LIABILITIES DUE WITH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOWS, PENSIONS
IRS990ScheduleD/RevenueSubtotalAmt03989681
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS NOT IDENTIFIED ANY UNCERTAINTIES IN FEDERAL OR STATE INCOME TAXES FOR ANY OPEN TAX YEARS AS OF JUNE 30, 2015. THE SCHOOL IS NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITES FOR YEARS BEFORE 2012. NO AUTHORITIES HAVE COMMENCED INCOME TAX EXAMINATIONS AS OF JUNE 30, 2015. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0181818
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0392056
IRS990ScheduleD/TotalExpensesPerForm990Amt03522522
IRS990ScheduleD/TotalLiabilityAmt01311882
IRS990ScheduleD/TotalRevenuePerForm990Amt03989681
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03989681
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03522522
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,176,774
Liabilities
$1,455,182
Net assets
-$278,408
Revenue
$3,989,681
Expenses
$3,522,522
Net income
$467,159
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.03$2.27$0.76
2020Detailed filing. Detailed filing data is available for this year.$2.27$4.68$2.42$4.38$5.10$0.72
2019Detailed filing. Detailed filing data is available for this year.$3.01$4.71$1.70$4.19$3.73$0.47
2018Detailed filing. Detailed filing data is available for this year.$3.81$5.97$2.16$3.84$4.64$0.80
2017Detailed filing. Detailed filing data is available for this year.$4.51$5.87$1.36$3.73$4.35$0.62
2016Detailed filing. Detailed filing data is available for this year.$1.28$2.02$0.74$3.83$4.30$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.18$1.46$0.28$3.99$3.52$0.47
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.44$0.13$3.08$2.83$0.25
2013Summary only. Only limited summary data is available for this year.$0.48$0.61$0.12$1.98$2.24$0.25
2012Summary only. Only limited summary data is available for this year.$0.41$0.28$0.13$0.24$0.11$0.13