Civic Intelligence

Academy for Classical Education Inc.

990 • Fiscal year 2022 • EIN 46-3722435

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileWWW.ACEMACON.ORG

View Organization Page

5665 New Forsyth RoadMacon, GA 31210

(478) 238-5757

Siviq Scores

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

Liabilities / Assets

96th percentile

1.18x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

2.60x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

62nd percentile

12%

Higher net margin than 62% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

8th percentile

$104,616

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

61st percentile

2.7%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

3.6%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$51,845,006

Up $1,374,802 (+2.7%) from 2021

Net Assets

Up

-$9,410,335

Up $2,795,478 (+23%) from 2021

Liabilities

Down

$61,255,341

Down $1,420,676 (-2.3%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin62nd percentile

Revenue

Up

$23,527,627

Up $824,511 (+3.6%) from 2021

Expenses

Down

$20,732,149

Down $394,221 (-1.9%) from 2021

Net Income

Up

$2,795,478

Up $1,218,732 (+77%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$100M$50M$0-$50MAssets 2015: $11,228,847Liabilities 2015: $11,157,090Net Assets 2015: $71,7572015Assets 2016: $18,815,877Liabilities 2016: $19,304,356Net Assets 2016: -$488,4792016Assets 2017: $38,807,727Liabilities 2017: $42,215,839Net Assets 2017: -$3,408,1122017Assets 2018: $39,142,134Liabilities 2018: $50,848,975Net Assets 2018: -$11,706,8412018Assets 2019: $39,735,202Liabilities 2019: $53,887,579Net Assets 2019: -$14,152,3772019Assets 2020: $45,605,647Liabilities 2020: $59,388,206Net Assets 2020: -$13,782,5592020Assets 2021: $50,470,204Liabilities 2021: $62,676,017Net Assets 2021: -$12,205,8132021Assets 2022: $51,845,006Liabilities 2022: $61,255,341Net Assets 2022: -$9,410,3352022Assets 2023: $58,688,206Liabilities 2023: $68,022,767Net Assets 2023: -$9,334,5612023Assets 2024: $58,102,413Liabilities 2024: $67,156,432Net Assets 2024: -$9,054,0192024

Highlighted filing

2022

Assets$51,845,006
Liabilities$61,255,341
Net Assets-$9,410,335
Open 2022 Filing

Operations Trend

Revenue Growth49th percentile

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

$30M$20M$10M$0-$10MRevenue 2015: $6,023,662Expenses 2015: $5,951,905Net Income 2015: $71,7572015Revenue 2016: $8,262,139Expenses 2016: $9,065,951Net Income 2016: -$803,8122016Revenue 2017: $10,867,148Expenses 2017: $13,786,781Net Income 2017: -$2,919,6332017Revenue 2018: $12,602,292Expenses 2018: $14,736,893Net Income 2018: -$2,134,6012018Revenue 2019: $14,869,425Expenses 2019: $17,314,961Net Income 2019: -$2,445,5362019Revenue 2020: $20,066,512Expenses 2020: $19,696,694Net Income 2020: $369,8182020Revenue 2021: $22,703,116Expenses 2021: $21,126,370Net Income 2021: $1,576,7462021Revenue 2022: $23,527,627Expenses 2022: $20,732,149Net Income 2022: $2,795,4782022Revenue 2023: $23,994,385Expenses 2023: $23,918,611Net Income 2023: $75,7742023Revenue 2024: $26,745,812Expenses 2024: $26,465,270Net Income 2024: $280,5422024

Highlighted filing

2022

Revenue$23,527,627
Expenses$20,732,149
Net Income$2,795,478
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.0
Gross Receipts
$23,527,627
Mission and Program Overview

Mission

The school's mission is to build the foundation of knowledge and critical thinking skills necessary for children to become independent learners for life.

Academy for classical education is a public charter school serving grades k-12 in macon, georgia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,052,110$30,036,397▲ $984,287
Cash and Non-Interest-Bearing Accounts$6,613,698$8,293,473▲ $1,679,775
Investments Other Securities$2,440,065$2,440,333▲ $268
Accounts Receivable$1,689,663$1,255,837▼ $433,826
Prepaid Expenses and Deferred Charges$49,311$130,779▲ $81,468
Pd in Cap Srpls Land Bldg Eqp Fund$-3,223,719$-1,721,520▲ $1,502,199
Rtn Earn Endowment Incm Other Fnds$-8,982,094$-7,688,815▲ $1,293,279
Total Assets$50,470,204$51,845,006▲ $1,374,802
Other Assets Total$10,625,357$9,688,187▼ $937,170
Liabilities
Tax Exempt Bond Liabilities$34,118,470$33,685,778▼ $432,692
Other Liabilities$26,314,565$25,442,458▼ $872,107
Accounts Payable and Accrued Expenses$2,242,982$2,127,105▼ $115,877
Total Liabilities$62,676,017$61,255,341▼ $1,420,676
Net Assets / Fund Balance
Total Net Assets Fund Balance$-12,205,813$-9,410,335▲ $2,795,478
Total Liabilities and Net Assets / Fund Balance$50,470,204$51,845,006▲ $1,374,802

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,482,395$6,793,466-
Land$877,155--
Equipment$1,676,847$1,574,797-
Other Assets Org$9,688,187--
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Laura PerkinsComplex PrinFT$104,616$104,616
Esterine StokesDean of AcadFT$103,738$103,738
Pat KellyChief FinancFT$101,117$101,117

Board Members and Trustees

NameTitle
Witt GaitherBoard Chairp
Ember BentleyDirector
George GreerDirector
Lee GillisDirector
Michael KrugerDirector
Ryan SchnetzerDirector
Walter StaffordDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$22,409,244
Program Service Revenue
$1,118,092
Investment Income
$291
Other Revenue
$0
All Other Contributions
$68,328
Change in Net Assets
$2,795,478

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,527,627
Total Revenue per Audited Statements
$23,527,627
Total Revenue per Form 990
$23,527,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,159,036
Other Expenses$7,573,113
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,906,849$318,862-$9,225,711
Interest$2,014,850--$2,014,850
Pension Plan Contributions$1,692,529$79,648-$1,772,177
Other Employee Benefits$1,611,327$74,231-$1,685,558
Occupancy$1,351,949$2,042-$1,353,991
Information Technology$251,508$186,741-$438,249
Other Expenses$350,273--$350,273
Current Officers, Directors, Trustees, and Key Employees-$309,471-$309,471
All Other Expenses$239,807$2,724-$242,531
Office Expenses$175,332--$175,332
Payroll Taxes$140,042$26,077-$166,119
Insurance$96,140$5,060-$101,200
Travel$68,455$1,208-$69,663
Fees for Services Management$4,216$60,918-$65,134
Fees for Services Legal-$54,150-$54,150
Fees for Services Accounting-$20,306-$20,306
Total Functional Expenses$19,590,711$1,141,438$0$20,732,149

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,732,149
Total Expenses per Audited Statements$20,732,149
Total Expenses per Form 990$20,732,149
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
Pension Liabilities$24,929,986
Notes Payable$512,472

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMacon Bibb County Urban Dev2017-05-10$34,445,000FACILITIES CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$34,056,336--$343,416

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The governing body reviews form 990 each fiscal year upon completion as an agenda item.”

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

“Governing board members are required, annually, to provide a written disclosure of any conflicts and to affirm their understanding of the policy.”

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

“Salaries are determined using both market data and comparative data from other public charter schools in georgia.”

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

“Salaries are determined using both market data and comparative data from other public charter schools in georgia.”

Form 990, Page 6, Part VI, Line 19

“All documents are available upon request as is stated on the school's website.”

Filing and Contact Details

Filer

Filer Name
Academy for Classical Education Inc
EIN
46-3722435
Address
5665 NEW FORSYTH ROAD, MACON, GA 31210

Signing Officer

Name
Laura Perkins
Title
Complex Principal
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Kelly
Formed
2013
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
247
Volunteers
500

Preparer

Firm
Randall L Brittain CPA Pc
Address
230 PERIMETER CROSSING, MACON, GA 31210
Preparer
Marcelina Easom CPA
Phone
4784774666
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-3223719
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-1721520
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt079648
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01692529
IRS990/PensionPlanContributionsGrp/TotalAmt01772177
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt049311
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0130779
IRS990/PrincipalOfficerNm0PAT KELLY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01118092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01118092
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt021993980
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0257
IRS990/PYOtherExpensesAmt06380824
IRS990/PYProgramServiceRevenueAmt0708879
IRS990/PYRevenuesLessExpensesAmt01576746
IRS990/PYSalariesCompEmpBnftPaidAmt014745546
IRS990/PYTotalExpensesAmt021126370
IRS990/PYTotalRevenueAmt022703116
IRS990/ReconcilationRevenueExpnssAmt02795478
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-8982094
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-7688815
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt027482395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06793466
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt034275861
IRS990ScheduleD/EquipmentGrp/BookValueAmt01676847
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01574797
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03251644
IRS990ScheduleD/ExpensesSubtotalAmt020732149
IRS990ScheduleD/LandGrp/BookValueAmt0877155
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0877155
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09688187
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED INFLOW/OUTFLOW - PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024929986
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1512472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt023527627
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030036397
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09688187
IRS990ScheduleD/TotalExpensesPerForm990Amt020732149
IRS990ScheduleD/TotalLiabilityAmt025442458
IRS990ScheduleD/TotalRevenuePerForm990Amt023527627
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023527627
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020732149
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S RACIAL NONDISCRIMINATION POLICY IS CONTAINED ON ITS WEBSITE WHICH IS REFERENCED IN ALL MATERIALS RELATED TO SOLICIATION FOR ENROLLMENT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1ACADEMY FOR CLASSICAL EDUCATION IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2ACADEMY FOR CLASSICAL EDUCATION IS A PUBLIC CHARTER SCHOOL WHICH RECEIVED FUNDS FROM A GOVERNMENTAL AGENCY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0MACON BIBB COUNTY URBAN DEV FACILITIES CONSTRUCTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02017-05-10
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0555542ND7
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt034445000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0MACON BIBB COUNTY URBAN DEV
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0FACILITIES CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt033462152
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0250768
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0343416
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt034056336
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY REVIEWS FORM 990 EACH FISCAL YEAR UPON COMPLETION AS AN AGENDA ITEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING BOARD MEMBERS ARE REQUIRED, ANNUALLY, TO PROVIDE A WRITTEN DISCLOSURE OF ANY CONFLICTS AND TO AFFIRM THEIR UNDERSTANDING OF THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES ARE DETERMINED USING BOTH MARKET DATA AND COMPARATIVE DATA FROM OTHER PUBLIC CHARTER SCHOOLS IN GEORGIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES ARE DETERMINED USING BOTH MARKET DATA AND COMPARATIVE DATA FROM OTHER PUBLIC CHARTER SCHOOLS IN GEORGIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AS IS STATED ON THE SCHOOL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt034118470
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt033685778
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt050470204
IRS990/TotalAssetsEOYAmt051845006
IRS990/TotalAssetsGrp/BOYAmt050470204
IRS990/TotalAssetsGrp/EOYAmt051845006
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022409244
IRS990/TotalEmployeeCnt0247
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01141438
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt019590711
IRS990/TotalFunctionalExpensesGrp/TotalAmt020732149
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt062676017
IRS990/TotalLiabilitiesEOYAmt061255341
IRS990/TotalLiabilitiesGrp/BOYAmt062676017
IRS990/TotalLiabilitiesGrp/EOYAmt061255341
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-12205813
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-9410335
IRS990/TotalProgramServiceExpensesAmt019590711
IRS990/TotalProgramServiceRevenueAmt01118092
IRS990/TotalReportableCompFromOrgAmt0309471

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,845,006
Liabilities
$61,255,341
Net assets
-$9,410,335
Revenue
$23,527,627
Expenses
$20,732,149
Net income
$2,795,478
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.1$67.2$9.05$26.7$26.5$0.28
2023Detailed filing. Detailed filing data is available for this year.$58.7$68.0$9.33$24.0$23.9$0.08
2022Detailed filing. Detailed filing data is available for this year.$51.8$61.3$9.41$23.5$20.7$2.80
2021Detailed filing. Detailed filing data is available for this year.$50.5$62.7$12.2$22.7$21.1$1.58
2020Detailed filing. Detailed filing data is available for this year.$45.6$59.4$13.8$20.1$19.7$0.37
2019Detailed filing. Detailed filing data is available for this year.$39.7$53.9$14.2$14.9$17.3$2.45
2018Summary only. Only limited summary data is available for this year.$39.1$50.8$11.7$12.6$14.7$2.13
2017Summary only. Only limited summary data is available for this year.$38.8$42.2$3.41$10.9$13.8$2.92
2016Summary only. Only limited summary data is available for this year.$18.8$19.3$0.49$8.26$9.07$0.80
2015Summary only. Only limited summary data is available for this year.$11.2$11.2$0.07$6.02$5.95$0.07