Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
990 • Fiscal year 2014 • EIN 45-4885204
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Liabilities / Revenue
17th percentile
Higher debt load relative to revenue than 17% of similar nonprofits.
Net Margin
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
59th percentile
Higher top officer pay than 59% of similar nonprofits.
Top officer pay equals 2.6% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Up$6,042,144
Up $1,010,758 (+20%) from 2013
Net Assets
Up$5,845,553
Up $827,684 (+16%) from 2013
Liabilities
Up$196,591
Up $183,074 (+1354%) from 2013
Revenue
$5,186,727
No earlier filing loaded for comparison.
Expenses
Up$4,359,043
Up $4,359,043 from 2013
Net Income
$827,684
No earlier filing loaded for comparison.
Equips students with wisdom and knowledge necessary to succeed in college
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $3,041,247 | $3,083,057 | ▲ $41,810 |
| Savings and Temporary Cash Investments | $1,897,182 | $2,407,727 | ▲ $510,545 |
| Accounts Receivable | $84,234 | $547,248 | ▲ $463,014 |
| Land, Buildings, and Equipment, Net | $8,723 | $4,112 | ▼ $4,611 |
| Total Assets | $5,031,386 | $6,042,144 | ▲ $1,010,758 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $13,517 | $196,591 | ▲ $183,074 |
| Total Liabilities | $13,517 | $196,591 | ▲ $183,074 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $5,017,869 | $5,845,553 | ▲ $827,684 |
| Total Net Assets Fund Balance | $5,017,869 | $5,845,553 | ▲ $827,684 |
| Total Liabilities and Net Assets / Fund Balance | $5,031,386 | $6,042,144 | ▲ $1,010,758 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $4,112 | $10,121 | $14,233 |
| Buildings | $0 | $9,490 | $9,490 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Drew Sippel | Executive Director | FT | $132,892 | $3,605 | $136,497 |
| Name | Title |
|---|---|
| Jay Darren Harvill | Chairman |
| Thomas M Marino | Vice President |
| Cam Echols | Director |
| Donya Moore | Director |
| Elliot Perry | Director |
| Monika L Johnson | Director |
| Paul F T Edwards | Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,536,505 |
| Other Expenses | $822,538 |
| Total Fundraising Expense | $16,548 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,728,828 | $28,930 | - | $2,757,758 |
| Payroll Taxes | $415,755 | $1,117 | $1,117 | $417,989 |
| Other Employee Benefits | $220,463 | $361 | $361 | $221,185 |
| Current Officers, Directors, Trustees, and Key Employees | $111,659 | $13,957 | $13,957 | $139,573 |
| All Other Expenses | $96,295 | $8,463 | $1,113 | $105,871 |
| Occupancy | $82,870 | $3,590 | - | $86,460 |
| Other Expenses | $55,982 | - | - | $55,982 |
| Fees for Services Other | $53,257 | - | - | $53,257 |
| Office Expenses | $38,809 | - | - | $38,809 |
| Fees for Services Accounting | $38,354 | - | - | $38,354 |
| Insurance | $19,316 | $1,020 | - | $20,336 |
| Depreciation Depletion | $4,381 | $230 | - | $4,611 |
| Advertising | $1,642 | - | - | $1,642 |
| Fees for Services Legal | $144 | - | - | $144 |
| Total Functional Expenses | $4,284,827 | $57,668 | $16,548 | $4,359,043 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $4,359,043 |
| Total Expenses per Audited Statements | $4,359,043 |
| Total Expenses per Form 990 | $4,359,043 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The preparer provided a copy of the final version of form 990 to the board of directors before it was filed. Additionally, the board of directors reviewed and approved the return before it was filed.”
“Annual conflict of interest statements to identify potential conflicts with vendors, employees, clients, and other potential conflicts are completed by all board members. Periodic reviews are also conducted and when conflicts arise, a resolution is determined by the board of directors.”
“Compensation for all employees of capstone education group are determined based on market rates, education level and experience and compensation levels are consistent with comparable data from school systems in the area with board approval of all employee compensation.”
“Capstone education group has available for public inspection all required documents in a separate binder marked "open for public inspection" and will provide the information for review by anyone upon request.”
“The organization has not changed the oversight process for the audited financail statements or the selection process of the independent auditors from the prior year.”
“Accounting principles generally accepted in the united states of america requires management of the school to evaluate tax positions taken by the school and recognize a tax liability (or asset) if the school has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The school has analyzed the tax positions taken by the school and has concluded that as of june 30, 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The school is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. The school believes that it is no longer subject to income tax examinations for years prior to 2011.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 13517 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 196591 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 84234 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 547248 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | EQUIPS STUDENTS WITH WISDOM AND KNOWLEDGE NECESSARY TO SUCCEED IN COLLEGE |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1642 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1642 |
| IRS990/AllOtherContributionsAmt | 0 | 346457 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 1113 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8463 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 96295 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 105871 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | DREW SIPPEL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9012614384 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 320 CARPENTER STREET |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | MEMPHIS |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 38112 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3041247 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3083057 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 13957 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 13957 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 111659 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 139573 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5160618 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 26109 |
| IRS990/CYOtherExpensesAmt | 0 | 822538 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 827684 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3536505 |
| IRS990/CYTotalExpensesAmt | 0 | 4359043 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 16548 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5186727 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 230 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 4381 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 4611 |
| IRS990/Desc | 0 | COLLEGE PREPARATORY SCHOOL PROVIDING STUDENTS WITH A CHALLENGING AND HIGH QUALITY EDUCATION. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 67 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 4284827 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 38354 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 38354 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 144 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 144 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 53257 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 53257 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form8899Filedind | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 3605 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PAUL F T EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | THOMAS M MARINO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ELLIOT PERRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JAY DARREN HARVILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MONIKA L JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CAM ECHOLS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DONYA MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DREW SIPPEL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 132892 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 4814161 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 5186727 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1020 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 19316 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 20336 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 26109 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 26109 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 17 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 19611 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 8723 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 4112 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 23723 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | EQUIPS STUDENTS WITH WISDOM AND KNOWLEDGE NECESSARY TO SUCCEED IN COLLEGE |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5017869 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5845553 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 3590 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 82870 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 86460 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 38809 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 38809 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 361 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 361 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 220463 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 221185 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACT LABOR |
| IRS990/OtherExpensesGrp/Desc | 1 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | STAFF DEVELOPMENT |
| IRS990/OtherExpensesGrp/Desc | 3 | STUDENT ASSESMENT/TRAIN |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 187601 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 145883 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 83588 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 55982 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 187601 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 145883 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 83588 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 55982 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 28930 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2728828 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2757758 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1117 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1117 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 415755 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 417989 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DREW SIPPEL |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 82 |
| IRS990/PYOtherExpensesAmt | 0 | 0 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 82 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 0 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 82 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 827684 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 5186808 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1897182 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2407727 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 9490 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 9490 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 4359043 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 4112 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 10121 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 14233 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT OF THE SCHOOL TO EVALUATE TAX POSITIONS TAKEN BY THE SCHOOL AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE SCHOOL HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE SCHOOL HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. THE SCHOOL BELIEVES THAT IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 4359043 |
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| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
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| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
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| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
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| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | ALL MATERIALS RELATED TO SOLICITATION FOR STUDENTS, INCLUDING REGISTRATION MATERIALS, CLEARLY DESCRIBES THE SCHOOL'S NON-DISCRIMINATION POLICIES IN AN ATTEMPT TO INFORM THE ENTIRE COMMUNITY OF ITS NON-DISCRIMINATORY POLICIES. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PREPARER PROVIDED A COPY OF THE FINAL VERSION OF FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT WAS FILED. ADDITIONALLY, THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE RETURN BEFORE IT WAS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANNUAL CONFLICT OF INTEREST STATEMENTS TO IDENTIFY POTENTIAL CONFLICTS WITH VENDORS, EMPLOYEES, CLIENTS, AND OTHER POTENTIAL CONFLICTS ARE COMPLETED BY ALL BOARD MEMBERS. PERIODIC REVIEWS ARE ALSO CONDUCTED AND WHEN CONFLICTS ARISE, A RESOLUTION IS DETERMINED BY THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION FOR ALL EMPLOYEES OF CAPSTONE EDUCATION GROUP ARE DETERMINED BASED ON MARKET RATES, EDUCATION LEVEL AND EXPERIENCE AND COMPENSATION LEVELS ARE CONSISTENT WITH COMPARABLE DATA FROM SCHOOL SYSTEMS IN THE AREA WITH BOARD APPROVAL OF ALL EMPLOYEE COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CAPSTONE EDUCATION GROUP HAS AVAILABLE FOR PUBLIC INSPECTION ALL REQUIRED DOCUMENTS IN A SEPARATE BINDER MARKED "OPEN FOR PUBLIC INSPECTION" AND WILL PROVIDE THE INFORMATION FOR REVIEW BY ANYONE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION HAS NOT CHANGED THE OVERSIGHT PROCESS FOR THE AUDITED FINANCAIL STATEMENTS OR THE SELECTION PROCESS OF THE INDEPENDENT AUDITORS FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C |
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| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6042144 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
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| IRS990/TotalEmployeeCnt | 0 | 67 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 57668 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 196591 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 13517 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 196591 |
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| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
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| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 5845553 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 4488 POPLAR AVE |
| IRS990/USAddress/City | 0 | MEMPHIS |
| IRS990/USAddress/State | 0 | TN |
| IRS990/USAddress/ZIPCode | 0 | 38117 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW:CORNERSTONEPREPMEMPHIS.ORG/CAPSTONE-EDUCAT |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DREW SIPPEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9012614384 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-01-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | CAPSTONE EDUCATION GROUP INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CAPS |
| ReturnHeader/Filer/EIN | 0 | 454885204 |
| ReturnHeader/Filer/PhoneNum | 0 | 9012614384 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 22569 |
| ReturnHeader/Filer/USAddress/City | 0 | MEMPHIS |
| ReturnHeader/Filer/USAddress/State | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 381220569 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 621174696 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | BRUNDIGE PAYNE AND COMPANY PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 700 COLONIAL ROAD SUITE 220 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | MEMPHIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 381175156 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9016834234 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RICHARD L WEBB CPA |
| ReturnHeader/ReturnTs | 0 | 2015-02-20T15:59:15-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.