Civic Intelligence

Freeman Academy & Freeman Junior College

990 • Fiscal year 2014 • EIN 46-0229820

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 23, 2015

PO Box 100057029

(605) 925-4237

Siviq Scores

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

Liabilities / Assets

40th percentile

0.11x

Higher debt load relative to assets than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.38x

Higher debt load relative to revenue than 66% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

35th percentile

-0.5%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

27th percentile

$68,330

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

40th percentile

0.3%

Faster asset growth than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

51st percentile

4.3%

Faster revenue growth than 51% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$5,175,843

Up $15,618 (+0.3%) from 2013

Net Assets

Up

$4,599,457

Up $44,043 (+1.0%) from 2013

Liabilities

Down

$576,386

Down $28,425 (-4.7%) from 2013

Revenue

Up

$1,498,010

Up $61,701 (+4.3%) from 2013

Expenses

Up

$1,505,541

Up $32,923 (+2.2%) from 2013

Net Income

Up

-$7,531

Up $28,778 (+79%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,099,087Liabilities 2011: $831,792Net Assets 2011: $4,267,2952011Assets 2012: $5,220,352Liabilities 2012: $642,914Net Assets 2012: $4,577,4382012Assets 2013: $5,160,225Liabilities 2013: $604,811Net Assets 2013: $4,555,4142013Assets 2014: $5,175,843Liabilities 2014: $576,386Net Assets 2014: $4,599,4572014Assets 2015: $5,182,690Liabilities 2015: $647,918Net Assets 2015: $4,534,7722015Assets 2016: $5,153,275Liabilities 2016: $615,024Net Assets 2016: $4,538,2512016Assets 2018: $5,114,518Liabilities 2018: $296,161Net Assets 2018: $4,818,3572018Assets 2019: $5,144,661Liabilities 2019: $268,640Net Assets 2019: $4,876,0212019Assets 2020: $5,096,059Liabilities 2020: $627,935Net Assets 2020: $4,468,1242020Assets 2021: $5,367,160Liabilities 2021: $654,250Net Assets 2021: $4,712,9102021Assets 2022: $5,114,628Liabilities 2022: $364,678Net Assets 2022: $4,749,9502022Assets 2023: $5,009,052Liabilities 2023: $395,851Net Assets 2023: $4,613,2012023Assets 2024: $4,822,914Liabilities 2024: $405,429Net Assets 2024: $4,417,4852024

Highlighted filing

2014

Assets$5,175,843
Liabilities$576,386
Net Assets$4,599,457

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,368,963Expenses 2011: $1,202,722Net Income 2011: $166,2412011Revenue 2012: $1,707,165Expenses 2012: $1,378,248Net Income 2012: $328,9172012Revenue 2013: $1,436,309Expenses 2013: $1,472,618Net Income 2013: -$36,3092013Revenue 2014: $1,498,010Expenses 2014: $1,505,541Net Income 2014: -$7,5312014Revenue 2015: $1,452,909Expenses 2015: $1,490,035Net Income 2015: -$37,1262015Revenue 2016: $1,570,724Expenses 2016: $1,538,537Net Income 2016: $32,1872016Revenue 2018: $1,682,715Expenses 2018: $1,682,891Net Income 2018: -$1762018Revenue 2019: $1,672,768Expenses 2019: $1,611,279Net Income 2019: $61,4892019Revenue 2020: $1,385,398Expenses 2020: $1,753,661Net Income 2020: -$368,2632020Revenue 2021: $2,474,589Expenses 2021: $2,418,120Net Income 2021: $56,4692021Revenue 2022: $2,194,568Expenses 2022: $1,943,618Net Income 2022: $250,9502022Revenue 2023: $2,003,178Expenses 2023: $2,321,120Net Income 2023: -$317,9422023Revenue 2024: $2,323,339Expenses 2024: $2,597,584Net Income 2024: -$274,2452024

Highlighted filing

2014

Revenue$1,498,010
Expenses$1,505,541
Net Income-$7,531
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 23, 2015
Return Version
2013v4.0
Gross Receipts
$1,760,004
Mission and Program Overview

Mission

Faith inspired learning for life.

Freeman academy integrates christian principles into all learning while maintaining a standard of excellence in academics, creative arts, and athletics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,528,997$3,474,550▼ $54,447
Savings and Temporary Cash Investments$1,121,784$1,134,264▲ $12,480
Investments in Publicly Traded Securities$493,760$563,136▲ $69,376
Accounts Receivable$15,684$3,893▼ $11,791
Total Assets$5,160,225$5,175,843▲ $15,618
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,600$452,974▼ $47,626
Other Liabilities$104,193$100,912▼ $3,281
Deferred Revenue-$22,500-
Accounts Payable and Accrued Expenses$18--
Total Liabilities$604,811$576,386▼ $28,425
Net Assets / Fund Balance
Unrestricted Net Assets$3,559,245$3,527,924▼ $31,321
Permanently Rstr Net Assets$609,465$609,465→ $0
Temporarily Rstr Net Assets$386,704$462,068▲ $75,364
Total Net Assets Fund Balance$4,555,414$4,599,457▲ $44,043
Total Liabilities and Net Assets / Fund Balance$5,160,225$5,175,843▲ $15,618

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,030,819$1,476,987$4,507,806
Equipment$96,455$432,843$529,298
Leasehold Improvements$261,008$146,355$407,363
Land$86,268-$86,268

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$984,990$2,700▲ $75,695$79,692$981,547
2012$916,809$23,468▲ $46,269-$984,990
2011$767,495$196,984▼ $1,193-$916,809
2010$582,140$103,000▲ $93,245-$767,495
2009$544,437$500▲ $49,564-$582,140
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pamela TieszenSuperintendFT$68,330$68,330

Board Members and Trustees

NameTitle
Myles BrockmuellerPresident
Jean MorrowDirector
John ButkusDirector
Leann Schultz-thomasDirector
Les RensinkDirector
Loren WaltnerDirector
Polly WaltnerDirector
Stan HoferSecretary
Krista GraberVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$467,754
Program Service Revenue
$638,747
Investment Income
$27,502
Other Revenue
$364,007
All Other Contributions
$467,754
Change in Net Assets
$-7,531

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,498,010
Revenue Not Reported on Form 990
$238,427
Total Revenue per Audited Statements
$1,736,437
Total Revenue per Form 990
$1,498,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$900,869
Other Expenses$604,672
Total Fundraising Expense$52,608
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$582,471$104,050$24,241$710,762
All Other Expenses$119,746$2,146$20,137$142,029
Depreciation Depletion$138,582--$138,582
Other Employee Benefits$116,668--$116,668
Occupancy$98,843--$98,843
Payroll Taxes$53,218--$53,218
Insurance$28,817--$28,817
Office Expenses$17,848-$8,230$26,078
Other Expenses$23,735--$23,735
Interest$20,424--$20,424
Pension Plan Contributions$20,221--$20,221
Fees for Services Accounting-$6,350-$6,350
Advertising$3,415--$3,415
Total Functional Expenses$1,340,387$112,546$52,608$1,505,541

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,692,394
Expenses per Audited Statements$1,505,541
Total Expenses per Form 990$1,505,541
Expenses Not Reported on Form 990$186,853
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$550,868
Fundraising Direct Expenses$186,861
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$310,471$310,471$79,756$230,715
Event 2$240,397$240,397$107,105$133,292
Total Events$550,868$550,868$186,861$364,007
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$67,891
Interest Payable$17,603
Agency Liability$14,362
Other Payables$1,056
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

ORGANIZATION HAS MEMBERS

Form 990, Page 6, Part VI, Line 7A

Members have voting rights electing governing body

Form 990, Page 6, Part VI, Line 7B

Members approve significant decisions of the board and organizational changes.

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

All members of the governing board reviewed 990 before submission.

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

Members of the governing body and key employees are required to disclose conflicts when they become aware of them. Management reviews the policy annually with the members.

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

Governing board reviews superintendent's salary and compare to other organizations and local employment market.

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

Governing board reviews all key empoyee wages each year.

Form 990, Page 6, Part VI, Line 19

Governing documents and policies are made available upon request

Filing and Contact Details

Filer

EIN
46-0229820
Phone
6059254237

Signing Officer

Name
Myles Brockmuellor
Title
President
Phone
6059254237
Signed
2015-01-23
Discuss with paid preparer
Yes

Organization Details

Formed
1900
Legal Domicile
Sd
Voting Board Members
10
Independent Board Members
9
Employees
44
Volunteers
400

Preparer

Preparer
Nordell Griebel
Phone
6053367213
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Direct exp shown as operating 186,853 direct exp shown as operating -186,853

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

The organization records the purchases of collection pieces for the museum in the statement of activities.

Schedule D, Page 2, Part III, Line 4

Midwest museum pieces to enhance student studies, and available for exhibition to community.

Schedule D, Page 2, Part V, Line 4

Earnings are to be used for the benefit of the museum, archives, financial aid, arboretum, and general use.

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

Direct exp shown as operating 186,853

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

Direct exp shown as operating 186,853

Raw XML AppendixShowing 400 of 478 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/BOYAmt018
IRS990/AccountsReceivableGrp/BOYAmt015684
IRS990/AccountsReceivableGrp/EOYAmt03893
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FREEMAN ACADEMY INTEGRATES CHRISTIAN PRINCIPLES INTO ALL LEARNING WHILE MAINTAINING A STANDARD OF EXCELLENCE IN ACADEMICS, CREATIVE ARTS, AND ATHLETICS.
IRS990/AdvertisingGrp/ProgramServicesAmt03415
IRS990/AdvertisingGrp/TotalAmt03415
IRS990/AllOtherContributionsAmt0467754
IRS990/AllOtherExpensesGrp/FundraisingAmt020137
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02146
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0119746
IRS990/AllOtherExpensesGrp/TotalAmt0142029
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10FREEMAN ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum06059254237
IRS990/BooksInCareOfDetail/USAddress/AddressLine10BOX 1000
IRS990/BooksInCareOfDetail/USAddress/City0FREEMAN
IRS990/BooksInCareOfDetail/USAddress/State0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCode0570291000
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0467754
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027502
IRS990/CYOtherExpensesAmt0604672
IRS990/CYOtherRevenueAmt0364007
IRS990/CYProgramServiceRevenueAmt0638747
IRS990/CYRevenuesLessExpensesAmt0-7531
IRS990/CYSalariesCompEmpBnftPaidAmt0900869
IRS990/CYTotalExpensesAmt01505541
IRS990/CYTotalFundraisingExpenseAmt052608
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01498010
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt022500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0138582
IRS990/DepreciationDepletionGrp/TotalAmt0138582
IRS990/Desc0GRADES 1-12 CHRISTIAN EDUCATIONAL PROGRAMS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt044
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01313553
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06350
IRS990/FeesForServicesAccountingGrp/TotalAmt06350
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
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/PersonNm0PAMELA TIESZEN
IRS990/Form990PartVIISectionAGrp/PersonNm1MYLES BROCKMUELLER
IRS990/Form990PartVIISectionAGrp/PersonNm2LES RENSINK
IRS990/Form990PartVIISectionAGrp/PersonNm3POLLY WALTNER
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN BUTKUS
IRS990/Form990PartVIISectionAGrp/PersonNm5STAN HOFER
IRS990/Form990PartVIISectionAGrp/PersonNm6KRISTA GRABER
IRS990/Form990PartVIISectionAGrp/PersonNm7JEAN MORROW
IRS990/Form990PartVIISectionAGrp/PersonNm8LEANN SCHULTZ-THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm9LOREN WALTNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt068330
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/TitleTxt0SUPERINTEND
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01900
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt0186861
IRS990/FundraisingGrossIncomeAmt0550868
IRS990/GainOrLossGrp/SecuritiesAmt06123
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt081256
IRS990/GrossReceiptsAmt01760004
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt028817
IRS990/InsuranceGrp/TotalAmt028817
IRS990/InterestGrp/ProgramServicesAmt020424
IRS990/InterestGrp/TotalAmt020424
IRS990/InvestmentIncomeGrp/ExclusionAmt021379
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021379
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0493760
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0563136
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02056185
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03528997
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03474550
IRS990/LandBldgEquipCostOrOtherBssAmt05530735
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt075133
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FREEMAN ACADEMY INTEGRATES CHRISTIAN PRINCIPLES INTO ALL LEARNING WHILE MAINTAINING A STANDARD OF EXCELLENCE IN ACADEMICS, CREATIVE ARTS, AND ATHLETICS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0500600
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0452974
IRS990/NetAssetsOrFundBalancesBOYAmt04555414
IRS990/NetAssetsOrFundBalancesEOYAmt04599457
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt06123
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06123
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0364007
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0364007
IRS990/NetUnrlzdGainsLossesInvstAmt051574
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt098843
IRS990/OccupancyGrp/TotalAmt098843
IRS990/OfficeExpensesGrp/FundraisingAmt08230
IRS990/OfficeExpensesGrp/ProgramServicesAmt017848
IRS990/OfficeExpensesGrp/TotalAmt026078
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0116668
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0116668
IRS990/OtherExpensesGrp/Desc0REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SCHOLARSHIP EXPENSE/AID
IRS990/OtherExpensesGrp/Desc2DH FOOD PURCHASES
IRS990/OtherExpensesGrp/Desc3ATHLETICS
IRS990/OtherExpensesGrp/ProgramServicesAmt053588
IRS990/OtherExpensesGrp/ProgramServicesAmt136150
IRS990/OtherExpensesGrp/ProgramServicesAmt226661
IRS990/OtherExpensesGrp/ProgramServicesAmt323735
IRS990/OtherExpensesGrp/TotalAmt053588
IRS990/OtherExpensesGrp/TotalAmt136150
IRS990/OtherExpensesGrp/TotalAmt226661
IRS990/OtherExpensesGrp/TotalAmt323735
IRS990/OtherLiabilitiesGrp/BOYAmt0104193
IRS990/OtherLiabilitiesGrp/EOYAmt0100912
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024241
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0104050
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0582471
IRS990/OtherSalariesAndWagesGrp/TotalAmt0710762
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt053218
IRS990/PayrollTaxesGrp/TotalAmt053218
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020221
IRS990/PensionPlanContributionsGrp/TotalAmt020221
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0609465
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0609465
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION/EDUCATIONAL
IRS990/ProgramServiceRevenueGrp/Desc1MUSEUM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0636734
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12013
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0636734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12013
IRS990/ProgSrvcAccomActy2Grp/Desc0MUSEUM FOR THE SCHOOL/COMMUNITY
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026834
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0506705
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt035090
IRS990/PYOtherExpensesAmt0645455
IRS990/PYOtherRevenueAmt0269024
IRS990/PYProgramServiceRevenueAmt0625490
IRS990/PYRevenuesLessExpensesAmt0-36309
IRS990/PYSalariesCompEmpBnftPaidAmt0827163
IRS990/PYTotalExpensesAmt01472618
IRS990/PYTotalRevenueAmt01436309
IRS990/ReconcilationRevenueExpnssAmt0-7531
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01121784
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01134264
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/BoardDesignatedBalanceEOYPct00.22500
IRS990ScheduleD/BuildingsGrp/BookValueAmt03030819
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01476987
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04507806
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02146
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0984990
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02700
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0981547
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt075695
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt079692
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0916809
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt023468
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0984990
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt046269
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0812
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0767495
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0196984
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0916809
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-45665
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1193
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0904
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0582140
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0103000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0767495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-9986
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt093245
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt01451
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0544437
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0582140
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-10910
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049564
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt096455
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0432843
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0529298
IRS990ScheduleD/ExpensesNotReportedAmt0186853
IRS990ScheduleD/ExpensesSubtotalAmt01505541
IRS990ScheduleD/LandGrp/BookValueAmt086268
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt086268
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0261008
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0146355
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0407363
IRS990ScheduleD/NetUnrealizedGainsInvstAmt051574
IRS990ScheduleD/OtherExpensesIncludedAmt0186853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31056
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2AGENCY LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3OTHER PAYABLES
IRS990ScheduleD/OtherRevenueAmt0186853
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.62100
IRS990ScheduleD/RevenueNotReportedAmt0238427
IRS990ScheduleD/RevenueSubtotalAmt01498010
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECORDS THE PURCHASES OF COLLECTION PIECES FOR THE MUSEUM IN THE STATEMENT OF ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MIDWEST MUSEUM PIECES TO ENHANCE STUDENT STUDIES, AND AVAILABLE FOR EXHIBITION TO COMMUNITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EARNINGS ARE TO BE USED FOR THE BENEFIT OF THE MUSEUM, ARCHIVES, FINANCIAL AID, ARBORETUM, AND GENERAL USE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DIRECT EXP SHOWN AS OPERATING 186,853
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4DIRECT EXP SHOWN AS OPERATING 186,853
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART III, LINE 1A
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART III, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.15400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03474550
IRS990ScheduleD/TotalExpensesPerForm990Amt01505541
IRS990ScheduleD/TotalLiabilityAmt0100912
IRS990ScheduleD/TotalRevenuePerForm990Amt01498010
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01736437
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01692394
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/ExplanationTxt0GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0186861
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0310471
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0240397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0550868
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0310471
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0240397
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0550868
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0FARM/FITNESS/RE
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0SCHMECKFEST
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0364007
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0186861
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt079756
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0107105
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS HAVE VOTING RIGHTS ELECTING GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS APPROVE SIGNIFICANT DECISIONS OF THE BOARD AND ORGANIZATIONAL CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MEMBERS OF THE GOVERNING BOARD REVIEWED 990 BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE GOVERNING BODY AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS WHEN THEY BECOME AWARE OF THEM. MANAGEMENT REVIEWS THE POLICY ANNUALLY WITH THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING BOARD REVIEWS SUPERINTENDENT'S SALARY AND COMPARE TO OTHER ORGANIZATIONS AND LOCAL EMPLOYMENT MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING BOARD REVIEWS ALL KEY EMPOYEE WAGES EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DIRECT EXP SHOWN AS OPERATING 186,853 DIRECT EXP SHOWN AS OPERATING -186,853
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings