Civic Intelligence

Artesian Community School

990 • Fiscal year 2017 • EIN 46-1846698

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

Organization Profilewww.artesianmemphis.com
737 Union Ave Building E Rm 107Memphis, TN 38103

(901) 333-5681

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

93rd percentile

53%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

98th percentile

245%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

100th percentile

52400%

Faster revenue growth than 100% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$481,027

Up $341,554 (+245%) from 2016

Net Assets

Up

$476,116

Up $341,926 (+255%) from 2016

Liabilities

Down

$4,911

Down $372 (-7.0%) from 2016

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin93rd percentile

Revenue

Up

$630,001

Up $628,801 (+52400%) from 2016

Expenses

Up

$294,778

Up $230,198 (+356%) from 2016

Net Income

Up

$335,223

Up $398,603 (+629%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$1.5M$1.0M$500K$0Assets 2015: $6,184Net Assets 2015: $6,1842015Assets 2016: $139,473Liabilities 2016: $5,283Net Assets 2016: $134,1902016Assets 2017: $481,027Liabilities 2017: $4,911Net Assets 2017: $476,1162017Assets 2018: $583,128Liabilities 2018: $98,410Net Assets 2018: $484,7182018Assets 2019: $1,114,813Liabilities 2019: $163,216Net Assets 2019: $951,5972019Assets 2020: $727,474Liabilities 2020: $189,828Net Assets 2020: $537,6462020

Highlighted filing

2017

Assets$481,027
Liabilities$4,911
Net Assets$476,116
Open 2017 Filing

Operations Trend

Revenue Growth100th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $91,330Expenses 2015: $86,325Net Income 2015: $5,0052015Revenue 2016: $1,200Expenses 2016: $64,580Net Income 2016: -$63,3802016Revenue 2017: $630,001Expenses 2017: $294,778Net Income 2017: $335,2232017Revenue 2018: $1,463,952Expenses 2018: $1,554,124Net Income 2018: -$90,1722018Revenue 2019: $2,660,025Expenses 2019: $2,193,146Net Income 2019: $466,8792019Revenue 2020: $1,349,163Expenses 2020: $1,763,114Net Income 2020: -$413,9512020

Highlighted filing

2017

Revenue$630,001
Expenses$294,778
Net Income$335,223
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$630,001
Mission and Program Overview

Mission

The mission of artesian schools, inc. Is to fill unmet needs in k-12 education to ensure post-secondary readiness for memphis students.

Artesian Schools mission is to provide the educational foundation for students to earn college degrees or industry certifications in career fields of their choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$403,725-
Cash and Non-Interest-Bearing Accounts$139,473$48,181▼ $91,292
Land, Buildings, and Equipment, Net-$27,435-
Accounts Receivable-$1,686-
Total Assets$139,473$481,027▲ $341,554
Liabilities
Accounts Payable and Accrued Expenses$5,283$4,911▼ $372
Total Liabilities$5,283$4,911▼ $372
Net Assets / Fund Balance
Unrestricted Net Assets$134,190$476,116▲ $341,926
Total Net Assets Fund Balance$134,190$476,116▲ $341,926
Total Liabilities and Net Assets / Fund Balance$139,473$481,027▲ $341,554

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,435$465$27,900
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Ashley SmithCEOFT$89,835$89,835

Board Members and Trustees

NameTitle
Chermale CasemBorad Chairman
Sharon JonnesVice Chairman
Ayanna FordBoard Member
Frank CookBoard Member
Gwendolyn ShieldsBoard Member
Lanell SmithBoard Member
Stacia EvansBoard Member
Terrice ThomasBoard Member
Edward HarperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$629,001
Program Service Revenue
$0
Investment Income
$1,000
Other Revenue
$0
All Other Contributions
$629,001
Change in Net Assets
$335,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$206,082
Other Expenses$88,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$89,835--$89,835
Comp Disqual Persons$68,160--$68,160
Other Salaries and Wages-$33,288-$33,288
Insurance$24,746--$24,746
Payroll Taxes$13,075$2,755-$15,830
Fees for Services Other$12,395--$12,395
Office Expenses$6,259$913-$7,172
Fees for Services Accounting-$3,677-$3,677
Travel$3,066--$3,066
Depreciation Depletion-$465-$465
Advertising-$20-$20
Other Expenses$-2--$-2
Other Employee Benefits$-1,031--$-1,031
Total Functional Expenses$253,660$41,118$0$294,778
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Artesian Schools Inc
EIN
46-1846698
Phone
9013335681
Address
737 Union Ave Building E Rm 107, Memphis, TN 38103
Doing Business As
Southwest Early College High School

Signing Officer

Name
Ashley Smith
Title
CEO
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Smith
Formed
2012
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Management Advisory Services
Address
3335 Oakleaf Dr, Olive Branch, MS 38654-7787
Preparer
Charles H Whitsy Jr
Phone
6623420096
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“The mission of Artesian Schools, Inc. is to fill unmet needs in K-12 education to ensure post-secondary readiness for Memphis students.”

Form 990, Part III, Line 4A

“During the fiscal year ending June 30, 2017, Artesian Schools, Inc. was preparing to open a new public charter high school in Memphis, TN. The organization hired a CEO to oversee this process as well as a project assistant, business operations manager, and school director to recruit students and ensure the school would function well both operationally and academically.Planning year staff traveled to visit model schools. Artesian purchased required insurance for the school, site, and Board of Directors. The organization purchased student and teacher laptops and educational software.The organization also purchased materials for, and engaged in, marketing and community outreach in order to recruit students and teachers to the school.”

Form 990, Part XI, Line 8

“This Prior Period Adjustment of 6,703 resulted from the reconciliation of the beginning net asset balance from the previous fiscal year ended June 30, 2016.”

Raw XML Appendix393 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/BOYAmt05283
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04911
IRS990/AccountsReceivableGrp/EOYAmt01686
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Artesian Schools mission is to provide the educational foundation for students to earn college degrees or industry certifications in career fields of their choice.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt020
IRS990/AdvertisingGrp/TotalAmt020
IRS990/AllOtherContributionsAmt0629001
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Ashley Smith Executive Director
IRS990/BooksInCareOfDetail/PhoneNum09013335681
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0737 Union Ave Building E-Rm 107
IRS990/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038103
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0139473
IRS990/CashNonInterestBearingGrp/EOYAmt048181
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt089835
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt089835
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt068160
IRS990/CompDisqualPersonsGrp/TotalAmt068160
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0629001
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01000
IRS990/CYOtherExpensesAmt088696
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0335223
IRS990/CYSalariesCompEmpBnftPaidAmt0206082
IRS990/CYTotalExpensesAmt0294778
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0630001
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0465
IRS990/DepreciationDepletionGrp/TotalAmt0465
IRS990/Desc0See Program Service Accomplishments on Schedule O
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Southwest Early College High School
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0253660
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03677
IRS990/FeesForServicesAccountingGrp/TotalAmt03677
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012395
IRS990/FeesForServicesOtherGrp/TotalAmt012395
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1002.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2003.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt5001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt6001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt7001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt8001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt9040.00
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/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0Chermale Casem
IRS990/Form990PartVIISectionAGrp/PersonNm1Sharon Jonnes
IRS990/Form990PartVIISectionAGrp/PersonNm2Edward Harper
IRS990/Form990PartVIISectionAGrp/PersonNm3Frank Cook
IRS990/Form990PartVIISectionAGrp/PersonNm4Gwendolyn Shields
IRS990/Form990PartVIISectionAGrp/PersonNm5Terrice Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm6Lanell Smith
IRS990/Form990PartVIISectionAGrp/PersonNm7Stacia Evans
IRS990/Form990PartVIISectionAGrp/PersonNm8Ayanna Ford
IRS990/Form990PartVIISectionAGrp/PersonNm9Ashley Smith
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/ReportableCompFromOrgAmt989835
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/TitleTxt0Borad Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0630001
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt024746
IRS990/InsuranceGrp/TotalAmt024746
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01000
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01000
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0465
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027435
IRS990/LandBldgEquipCostOrOtherBssAmt027900
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0See Schedule O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0134190
IRS990/NetAssetsOrFundBalancesEOYAmt0476116
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0913
IRS990/OfficeExpensesGrp/ProgramServicesAmt06259
IRS990/OfficeExpensesGrp/TotalAmt07172
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0-1031
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0-1031
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Other Programatic Expenses
IRS990/OtherExpensesGrp/Desc2Inservice Development
IRS990/OtherExpensesGrp/Desc3Rounding
IRS990/OtherExpensesGrp/ProgramServicesAmt013639
IRS990/OtherExpensesGrp/ProgramServicesAmt122460
IRS990/OtherExpensesGrp/ProgramServicesAmt21058
IRS990/OtherExpensesGrp/ProgramServicesAmt3-2
IRS990/OtherExpensesGrp/TotalAmt013639
IRS990/OtherExpensesGrp/TotalAmt122460
IRS990/OtherExpensesGrp/TotalAmt21058
IRS990/OtherExpensesGrp/TotalAmt3-2
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033288
IRS990/OtherSalariesAndWagesGrp/TotalAmt033288
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02755
IRS990/PayrollTaxesGrp/ProgramServicesAmt013075
IRS990/PayrollTaxesGrp/TotalAmt015830
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Ashley Smith
IRS990/PriorPeriodAdjustmentsAmt06703
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01200
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0318
IRS990/PYRevenuesLessExpensesAmt0-63380
IRS990/PYSalariesCompEmpBnftPaidAmt048210
IRS990/PYTotalExpensesAmt064580
IRS990/PYTotalProfFndrsngExpnsAmt016052
IRS990/PYTotalRevenueAmt01200
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0335223
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0403725
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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/BookValueAmt027435
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0465
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027900
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027435
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The mission of Artesian Schools, Inc. is to fill unmet needs in K-12 education to ensure post-secondary readiness for Memphis students.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1During the fiscal year ending June 30, 2017, Artesian Schools, Inc. was preparing to open a new public charter high school in Memphis, TN. The organization hired a CEO to oversee this process as well as a project assistant, business operations manager, and school director to recruit students and ensure the school would function well both operationally and academically.Planning year staff traveled to visit model schools. Artesian purchased required insurance for the school, site, and Board of Directors. The organization purchased student and teacher laptops and educational software.The organization also purchased materials for, and engaged in, marketing and community outreach in order to recruit students and teachers to the school.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2This Prior Period Adjustment of 6,703 resulted from the reconciliation of the beginning net asset balance from the previous fiscal year ended June 30, 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 8
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0139473
IRS990/TotalAssetsEOYAmt0481027
IRS990/TotalAssetsGrp/BOYAmt0139473
IRS990/TotalAssetsGrp/EOYAmt0481027
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0629001
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041118
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0253660
IRS990/TotalFunctionalExpensesGrp/TotalAmt0294778
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05283
IRS990/TotalLiabilitiesEOYAmt04911
IRS990/TotalLiabilitiesGrp/BOYAmt05283
IRS990/TotalLiabilitiesGrp/EOYAmt04911
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0134190
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0476116
IRS990/TotalProgramServiceExpensesAmt0253660
IRS990/TotalReportableCompFromOrgAmt089835
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0630001
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0139473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0481027
IRS990/TravelGrp/ProgramServicesAmt03066
IRS990/TravelGrp/TotalAmt03066
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0134190
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0476116
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0737 Union Ave Building E-Rm 107
IRS990/USAddress/CityNm0Memphis
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038103
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.artesianmemphis.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ashley Smith
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Artesian Schools Inc
ReturnHeader/Filer/BusinessNameControlTxt0ARTE
ReturnHeader/Filer/EIN0461846698
ReturnHeader/Filer/PhoneNum09013335681
ReturnHeader/Filer/USAddress/AddressLine1Txt0737 Union Ave Building E Rm 107
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E8BB489CE2CE0047AE2CD685F23AFDFBD8C2B76B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E8BB489CE2CE0047AE2CD685F23AFDFBD8C2B76B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.166.192.145
ReturnHeader/FilingSecurityInformation/IPDt02017-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm004:03:50
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Management Advisory Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03335 Oakleaf Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olive Branch
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0386547787
ReturnHeader/PreparerPersonGrp/PhoneNum06623420096
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Charles H Whitsy Jr
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-11-15T10:01:49-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$481,027
Liabilities
$4,911
Net assets
$476,116
Revenue
$630,001
Expenses
$294,778
Net income
$335,223
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.19$0.54$1.35$1.76$0.41
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.16$0.95$2.66$2.19$0.47
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.10$0.48$1.46$1.55$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.63$0.29$0.34
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$0.00$0.06$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.09$0.09$0.01