Civic Intelligence

Great Lakes Academy Inc.

990 • Fiscal year 2017 • EIN 46-1862158

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

Organization Profilewww.glachicago.org
8401 South SaginawChicago, IL 60617

(773) 530-3040

Siviq Scores

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

Liabilities / Assets

79th percentile

0.48x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.41x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

61st percentile

7.2%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

85th percentile

$156,083

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

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

Asset Growth

63rd percentile

8.1%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

35th percentile

-1.0%

Faster revenue growth than 35% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$2,609,191

Up $194,770 (+8.1%) from 2016

Net Assets

Up

$1,366,708

Up $217,545 (+19%) from 2016

Liabilities

Down

$1,242,483

Down $22,775 (-1.8%) from 2016

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin61st percentile

Revenue

Down

$3,031,273

Down $29,455 (-1.0%) from 2016

Expenses

Up

$2,813,728

Up $353,833 (+14%) from 2016

Net Income

Down

$217,545

Down $383,288 (-64%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$15M$10M$5.0M$0Assets 2014: $448,001Liabilities 2014: $12,486Net Assets 2014: $435,5152014Assets 2015: $1,692,937Liabilities 2015: $1,144,607Net Assets 2015: $548,3302015Assets 2016: $2,414,421Liabilities 2016: $1,265,258Net Assets 2016: $1,149,1632016Assets 2017: $2,609,191Liabilities 2017: $1,242,483Net Assets 2017: $1,366,7082017Assets 2018: $3,356,775Liabilities 2018: $1,343,598Net Assets 2018: $2,013,1772018Assets 2019: $3,859,600Liabilities 2019: $1,276,672Net Assets 2019: $2,582,9282019Assets 2020: $4,275,450Liabilities 2020: $2,544,992Net Assets 2020: $1,730,4582020Assets 2021: $11,871,193Liabilities 2021: $6,632,925Net Assets 2021: $5,238,2682021Assets 2022: $12,933,457Liabilities 2022: $6,451,400Net Assets 2022: $6,482,0572022Assets 2023: $13,304,166Liabilities 2023: $6,660,789Net Assets 2023: $6,643,3772023Assets 2024: $13,666,457Liabilities 2024: $6,574,914Net Assets 2024: $7,091,5432024

Highlighted filing

2017

Assets$2,609,191
Liabilities$1,242,483
Net Assets$1,366,708
Open 2017 Filing

Operations Trend

Revenue Growth35th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $675,190Expenses 2014: $239,675Net Income 2014: $435,5152014Revenue 2015: $1,894,864Expenses 2015: $1,782,049Net Income 2015: $112,8152015Revenue 2016: $3,060,728Expenses 2016: $2,459,895Net Income 2016: $600,8332016Revenue 2017: $3,031,273Expenses 2017: $2,813,728Net Income 2017: $217,5452017Revenue 2018: $3,891,262Expenses 2018: $3,244,793Net Income 2018: $646,4692018Revenue 2019: $4,648,380Expenses 2019: $4,078,629Net Income 2019: $569,7512019Revenue 2020: $3,885,959Expenses 2020: $4,738,429Net Income 2020: -$852,4702020Revenue 2021: $11,522,034Expenses 2021: $5,350,685Net Income 2021: $6,171,3492021Revenue 2022: $9,002,608Expenses 2022: $8,151,361Net Income 2022: $851,2472022Revenue 2023: $9,019,880Expenses 2023: $8,993,988Net Income 2023: $25,8922023Revenue 2024: $10,523,096Expenses 2024: $9,951,028Net Income 2024: $572,0682024

Highlighted filing

2017

Revenue$3,031,273
Expenses$2,813,728
Net Income$217,545
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$3,061,894
Mission and Program Overview

Mission

To prepare all of our students with the fundamental academic skills, critical thinking ability, and strength of character to excel in high school, college, and a career of their choice. We empowerall of our students with the education today that they will need to change the world tomorrow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,189,540$1,244,720▲ $55,180
Cash and Non-Interest-Bearing Accounts$857,962$690,487▼ $167,475
Savings and Temporary Cash Investments$10,011$510,145▲ $500,134
Accounts Receivable$337,570$153,814▼ $183,756
Prepaid Expenses and Deferred Charges$19,338$10,025▼ $9,313
Total Assets$2,414,421$2,609,191▲ $194,770
Liabilities
Mortgage Notes Payable Secured by Investment Property$904,148$862,048▼ $42,100
Other Liabilities$175,069$200,797▲ $25,728
Accounts Payable and Accrued Expenses$177,104$160,023▼ $17,081
Deferred Revenue$8,937$19,615▲ $10,678
Total Liabilities$1,265,258$1,242,483▼ $22,775
Net Assets / Fund Balance
Unrestricted Net Assets$980,163$1,354,208▲ $374,045
Temporarily Rstr Net Assets$169,000$12,500▼ $156,500
Total Net Assets Fund Balance$1,149,163$1,366,708▲ $217,545
Total Liabilities and Net Assets / Fund Balance$2,414,421$2,609,191▲ $194,770

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,213,502$220,670$1,434,172
Equipment$31,218$40,244$71,462
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine Myers-crumExecutive DirectorFT$152,483$3,600$156,083
Krystle KimDirector of OperationsPT$41,525-$41,525

Board Members and Trustees

NameTitle
Kirsten VillersBoard Chair
Sarah PaulsVice Chair
Annette MooreBoard Member
Aparupa BhattacharyaBoard Member
Butch TrustyBoard Member
Christopher HoyesBoard Member
Heidi PaulBoard Member
Ken TsangBoard Member
Steve KrausBoard Member
Josh AckermanSecretary
Brian KatesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,977,476
Program Service Revenue
$18,565
Investment Income
$0
Other Revenue
$35,232
All Other Contributions
$307,753
Change in Net Assets
$217,545

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,031,273
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$212,627
Total Revenue per Audited Statements
$3,243,900
Total Revenue per Form 990
$3,031,273
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,864,005
Other Expenses$949,723
Total Fundraising Expense$57,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,093,957$214,941$42,625$1,351,523
Comp Disqual Persons$169,396$33,283$6,602$209,281
Occupancy$186,394$20,710-$207,104
Office Expenses$180,107$24,402-$204,509
Pension Plan Contributions$166,479$8,136$4,588$179,203
Depreciation Depletion$102,297$11,366-$113,663
Other Employee Benefits$95,584$3,208$2,581$101,373
Interest$50,781$5,642-$56,423
Information Technology$55,448$192-$55,640
Fees for Services Other$45,610$8,345$122$54,077
Insurance$38,075$4,231-$42,306
Fees for Services Accounting-$26,016-$26,016
Payroll Taxes$21,019$1,027$579$22,625
All Other Expenses$4,622$9,120-$13,742
Other Expenses$6,582$19,041-$6,582
Fees for Services Legal$1,000--$1,000
Fees for Services Management-$603-$603
Total Functional Expenses$2,366,368$390,263$57,097$2,813,728

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,026,355
Expenses per Audited Statements$2,813,728
Total Expenses per Form 990$2,813,728
Expenses Not Reported on Form 990$212,627
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,918
Fundraising Direct Expenses$30,621
Gaming Gross Income$973
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Benefit$165,518$50,033$5,847$44,186
Fall Fundraiser$16,235$7,885$391$7,494
Total Events$183,873$57,918$30,621$27,297
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$200,797
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, line 8B

“There are no committees that have been created with the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, line 11B

“Form 990 is presented to the board of directors. Board members review and provide comments and feedback regarding the document. The board then approves submission of form 990 assuming all changes (if any) are made.”

Form 990, Part VI, Section B, line 12C

“All board members sign a conflict of interest policy and get training annually on the policy. The staff signs a handbook that includes a conflict of interest policy.”

Form 990, Part VI, Section B, line 15A

“The compensation for all employees was reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, line 19

“Great lakes academy is subject to the open meetings act and the freedom of information act. All documents are available to the public upon request in addition to providing chicago public schools with these documents.”

Filing and Contact Details

Filer

Filer Name
Great Lakes Academy Inc
EIN
46-1862158
Phone
7735303040
Address
8401 SOUTH SAGINAW, CHICAGO, IL 60617

Signing Officer

Name
Katherine Myers-crum
Title
Executive Director
Phone
7735303040
Signed
2017-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Myers-crum
Formed
2013
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
37
Volunteers
150

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N Cityfront Plaza Dr Suite 1500, Chicago, IL 60611
Preparer
James G Quaid
Phone
3126707444
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The school is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the code) and is exempt from federal income taxes on related income pursuant to section 501(a) of the code. In addition, the internal revenue service (irs) has determined that the school is not a private foundation within the meaning of section 509(a) of the code. The school has adopted the requirements for accounting for uncertain tax positions and management has determined that the school was not required to record a liability related to uncertain tax positions as of june 30, 2016 and 2015.”

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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03061894
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0192
IRS990/InformationTechnologyGrp/ProgramServicesAmt055448
IRS990/InformationTechnologyGrp/TotalAmt055640
IRS990/InsuranceGrp/ManagementAndGeneralAmt04231
IRS990/InsuranceGrp/ProgramServicesAmt038075
IRS990/InsuranceGrp/TotalAmt042306
IRS990/InterestGrp/ManagementAndGeneralAmt05642
IRS990/InterestGrp/ProgramServicesAmt050781
IRS990/InterestGrp/TotalAmt056423
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0260914
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01189540
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01244720
IRS990/LandBldgEquipCostOrOtherBssAmt01505634
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PREPARE ALL OF OUR STUDENTS WITH THE FUNDAMENTAL ACADEMIC SKILLS, CRITICAL THINKING ABILITY, AND STRENGTH OF CHARACTER TO EXCEL IN HIGH SCHOOL, COLLEGE, AND A CAREER OF THEIR CHOICE. WE EMPOWERALL OF OUR STUDENTS WITH THE EDUCATION TODAY THAT THEY WILL NEED TO CHANGE THE WORLD TOMORROW.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0904148
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0862048
IRS990/NetAssetsOrFundBalancesBOYAmt01149163
IRS990/NetAssetsOrFundBalancesEOYAmt01366708
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt027297
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt027297
IRS990/NetIncomeFromGamingGrp/ExclusionAmt0973
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0973
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt011170
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt020710
IRS990/OccupancyGrp/ProgramServicesAmt0186394
IRS990/OccupancyGrp/TotalAmt0207104
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024402
IRS990/OfficeExpensesGrp/ProgramServicesAmt0180107
IRS990/OfficeExpensesGrp/TotalAmt0204509
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02581
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03208
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095584
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0101373
IRS990/OtherExpensesGrp/Desc0STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/Desc1CPS ADMIN FEE
IRS990/OtherExpensesGrp/Desc2PROF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019041
IRS990/OtherExpensesGrp/ProgramServicesAmt066028
IRS990/OtherExpensesGrp/ProgramServicesAmt154227
IRS990/OtherExpensesGrp/ProgramServicesAmt228762
IRS990/OtherExpensesGrp/ProgramServicesAmt36582
IRS990/OtherExpensesGrp/TotalAmt066028
IRS990/OtherExpensesGrp/TotalAmt154227
IRS990/OtherExpensesGrp/TotalAmt247803
IRS990/OtherExpensesGrp/TotalAmt36582
IRS990/OtherLiabilitiesGrp/BOYAmt0175069
IRS990/OtherLiabilitiesGrp/EOYAmt0200797
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt06962
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06962
IRS990/OtherRevenueTotalAmt06962
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042625
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0214941
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01093957
IRS990/OtherSalariesAndWagesGrp/TotalAmt01351523
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0579
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01027
IRS990/PayrollTaxesGrp/ProgramServicesAmt021019
IRS990/PayrollTaxesGrp/TotalAmt022625
IRS990/PensionPlanContributionsGrp/FundraisingAmt04588
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08136
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0166479
IRS990/PensionPlanContributionsGrp/TotalAmt0179203
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019338
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010025
IRS990/PrincipalOfficerNm0KATHERINE MYERS-CRUM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018565
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03007518
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0895228
IRS990/PYOtherRevenueAmt048102
IRS990/PYProgramServiceRevenueAmt05108
IRS990/PYRevenuesLessExpensesAmt0600833
IRS990/PYSalariesCompEmpBnftPaidAmt01564667
IRS990/PYTotalExpensesAmt02459895
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03060728
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0217545
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt018565
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010011
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0510145
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02977476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03007518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01879008
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0669488
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08533490
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt032618
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06962
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt012710
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06911
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05702
IRS990ScheduleA/OtherIncome170Grp/TotalAmt032285
IRS990ScheduleA/PublicSupportTotal170Amt08533490
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02977476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03007518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01879008
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0669488
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08533490
IRS990ScheduleA/TotalSupportAmt08629437
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt028270
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt035392
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt063662
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0212627
IRS990ScheduleD/DonatedServicesUseFcltsAmt0212627
IRS990ScheduleD/EquipmentGrp/BookValueAmt031218
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040244
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071462
IRS990ScheduleD/ExpensesNotReportedAmt0212627
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02813728
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01213502
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0220670
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01434172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0200797
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Rent
IRS990ScheduleD/RevenueNotReportedAmt0212627
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03031273
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE SCHOOL IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE SCHOOL HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE SCHOOL WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01244720
IRS990ScheduleD/TotalExpensesPerForm990Amt02813728
IRS990ScheduleD/TotalLiabilityAmt0200797
IRS990ScheduleD/TotalRevenuePerForm990Amt03031273
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03243900
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03026355
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$2,609,191
Liabilities
$1,242,483
Net assets
$1,366,708
Revenue
$3,031,273
Expenses
$2,813,728
Net income
$217,545
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$6.57$7.09$10.5$9.95$0.57
2023Summary only. Only limited summary data is available for this year.$13.3$6.66$6.64$9.02$8.99$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$6.45$6.48$9.00$8.15$0.85
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$6.63$5.24$11.5$5.35$6.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$2.54$1.73$3.89$4.74$0.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$1.28$2.58$4.65$4.08$0.57
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.36$1.34$2.01$3.89$3.24$0.65
2017Detailed filing. Detailed filing data is available for this year.$2.61$1.24$1.37$3.03$2.81$0.22
2016Summary only. Only limited summary data is available for this year.$2.41$1.27$1.15$3.06$2.46$0.60
2015Summary only. Only limited summary data is available for this year.$1.69$1.14$0.55$1.89$1.78$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$0.68$0.24$0.44