World Compass Academy

990 • Fiscal year 2023 • EIN 46-4749764

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

Organization Profile www.worldcompassacademy.com

2490 South Perry StCastle Rock, CO 80104

(303) 814-5200

Siviq Scores

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

1.50x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

3.47x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

1.3%

Higher net margin than 42% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

$133,015

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

-1.1%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

12%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets98th percentile

Assets

Down

$24,387,876

Down $265,886 (-1.1%) from 2022

Net Assets

Down

-$12,079,866

Down $3,922,384 (-48%) from 2022

Liabilities

$36,467,742

Up $3,656,498 (+11%) from 2022

Revenue And Expenses

Liabilities / Revenue92nd percentile Net Margin42nd percentile

Revenue

$10,507,547

Up $1,113,825 (+12%) from 2022

Expenses

$10,372,382

Up $1,066,093 (+11%) from 2022

Net Income

$135,165

Up $47,732 (+55%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

Highlighted filing

2023

Assets$24,387,876

Liabilities$36,467,742

Net Assets-$12,079,866

Open 2023 Filing

Operations Trend

Revenue Growth62nd percentile

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

Highlighted filing

2023

Revenue$10,507,547

Expenses$10,372,382

Net Income$135,165

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2022 to Jun 30, 2023
Signed: Nov 15, 2023
Return Version: 2022v5.0
Gross Receipts: $10,507,547

Mission and Program Overview

Mission

World Compass Academy is a tuition-free, PK-8 charter school that equips students with the foundational skills needed for success. Enrollment is approximately 800 students.

World Compass Academy is a tuition-free, PK-8 charter school that equips students with the foundational skills needed for success. Enrollment is approximately 710 students.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Land, Buildings, and Equipment, Net	$17,602,362	$17,287,834	▼ $314,528
Savings and Temporary Cash Investments	$2,222,004	$4,385,009	▲ $2,163,005
Accounts Receivable	$137,195	$292,157	▲ $154,962
Cash and Non-Interest-Bearing Accounts	$2,601,773	$163,647	▼ $2,438,126
Prepaid Expenses and Deferred Charges	$116,084	$133,673	▲ $17,589
Total Assets	$24,653,762	$24,387,876	▼ $265,886
Other Assets Total	$1,974,344	$2,125,556	▲ $151,212
Liabilities
Tax Exempt Bond Liabilities	$22,910,000	$22,595,000	▼ $315,000
Other Liabilities	$9,451,940	$13,661,173	▲ $4,209,233
Accounts Payable and Accrued Expenses	$194,636	$164,269	▼ $30,367
Deferred Revenue	$254,668	$47,300	▼ $207,368
Total Liabilities	$32,811,244	$36,467,742	▲ $3,656,498
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$-8,157,482	$-12,079,866	▼ $3,922,384
Total Net Assets Fund Balance	$-8,157,482	$-12,079,866	▼ $3,922,384
Total Liabilities and Net Assets / Fund Balance	$24,653,762	$24,387,876	▼ $265,886

Asset Categories

Asset	Book Value	Depreciation	Basis
Buildings	$8,033,547	$1,182,234	-
Land	$2,009,863	-	-
Equipment	$60,141	$65,556	-
Leasehold Improvements	$7,184,283	$706,584	-
Other Assets Org	$0	-	-

Compensation and Service Providers

Top Officer Pay32nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Bethany Merkling	Principal	FT	$98,588	$34,427	$133,015

Board Members and Trustees

Name	Title
Kyle Glavan	President
Anita Mitchum	Director
Erica Mitchell	Director
Kasie Lesher	Director
Sabrina DeRamus	Secretary
Patrick Brannan	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $606,204
Program Service Revenue: $9,693,165
Investment Income: $155,152
Other Revenue: $53,026
Change in Net Assets: $135,165

Audited Revenue Reconciliation

Revenue per Audited Statements: $10,507,547
Total Revenue per Audited Statements: $10,507,547
Total Revenue per Form 990: $10,507,547

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Salaries, Compensation, and Employee Benefits	$5,409,895
Other Expenses	$4,962,487
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Other Salaries and Wages	$3,910,994	$0	$0	$3,910,994
Occupancy	$1,915,029	$0	$0	$1,915,029
Other Expenses	$1,551,023	$0	$0	$1,551,023
Pension Plan Contributions	$1,044,724	$26,336	$0	$1,071,060
Fees for Services Management	$273,574	$0	$0	$273,574
Other Employee Benefits	$259,214	$11,900	$0	$271,114
Current Officers, Directors, Trustees, and Key Employees	$0	$98,588	$0	$98,588
Insurance	$36,642	$59,755	$0	$96,397
Fees for Services Accounting	$0	$70,091	$0	$70,091
Payroll Taxes	$56,709	$1,430	$0	$58,139
Conferences and Meetings	$39,991	$0	$0	$39,991
Fees for Services Legal	$0	$22,906	$0	$22,906
All Other Expenses	$22,534	$0	$0	$22,534
Information Technology	$21,650	$0	$0	$21,650
Advertising	$21,023	$0	$0	$21,023
Total Functional Expenses	$10,081,376	$291,006	$0	$10,372,382

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$10,372,382
Total Expenses per Audited Statements	$10,372,382
Total Expenses per Form 990	$10,372,382

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Colorado Department of Education	Denver, CO	Oversight	170(b)(1)(A)(v)	6	No
Douglas County School District	Castle Rock, CO	Oversight	170(b)(1)(A)(v)	6	No

Transactions with Related Organizations

Organization	Type	Method	Amount
Colorado Department of Education	c	Financial Stmts.	$606,204

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Net Pension Liability	$8,571,914
Deferred Inflows - Pension Related	$4,386,112
Accrued Interest Payable	$305,306
Net OPEB Liability	$291,942
Deferred Inflows - OPEB Related	$105,899
Interfund Payable - General Fund	$0
Interfund Payable - Building Fund	$0

Bond Issues

Bond	Issuer	Issued	Issue Price	Purpose
A	Cecfa 2017 - Wca	2017-10-10	$23,210,000	Construct Facilities

Bond Proceeds

Bond	Total Proceeds	Spent	Retired	Issuance Costs
A	$22,798,825	$12,818,869	-	$264,157

Bond Financing Compliance

Form 8038-T filed: No
Gross proceeds invested: No
Gross proceeds invested in GIC: No

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: Yes
Annual disclosure for covered persons: Yes
Audit committee: No
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

Filing and Contact Details

Filer

Filer Name: World Compass Academy
EIN: 46-4749764
Phone: 3038145200
Address: 2490 South Perry St, Castle Rock, CO 80104

Signing Officer

Name: Bethany Merkling
Title: Principal
Phone: 3038145200
Signed: 2023-11-15
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Bethany Merkling
Formed: 2013
Legal Domicile: Co
Voting Board Members: 6
Independent Board Members: 6
Employees: 145
Volunteers: 1,386

Preparer

Firm: Bart Skidmore CPA
Address: 726 Geneva St, Aurora, CO 80010
Preparer: Bart A Skidmore CPA Inc
Phone: 3033651696

Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Copies of Form 990 were distributed to Board Members for review and approval via email prior to E-filing.”

Pt VI, Line 12C

“Prospective Board Members are screened for potential conflicts of interest prior to appointment. Board Members are required to disclose conflicts of interest during Board meetings. Annual Conflict of Interest Statements are completed and reviewed by the Board and any discrepancies are reported to the Board President for resolution.”

Pt VI, Line 15A

“Compensation for officers and key employees was determined by the Board of Directors using comparative data and documented in the meeting minutes of the executive session.”

Pt VI, Line 15B

“Compensation for officers and key employees was determined by the Board of Directors using comparative data and documented in the meeting minutes of the executive session.”

Pt VI, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public via its website and upon request.”

Pt XI

“Line 9. Changes during the year to Deferred Outflows of Resources, Liabilities, and Deferred Inflows of Resources related to pensions and post-employment benefits other than pensions (OPEB) resulted in an decrease in Net Position. The changes decreased Net Position by $4,063,542.”

Pt XI

“Line 9. Impacts of capital assets, depreciation expense, debt principal payments and accrued interest payable resulted in Net Position increasing by $5,993.”

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	0	0
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	1	0
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	2	0
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	3	0
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	476391
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	342093
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	109785
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	1551023
IRS990/OtherExpensesGrp/TotalAmt	0	476391
IRS990/OtherExpensesGrp/TotalAmt	1	342093
IRS990/OtherExpensesGrp/TotalAmt	2	109785
IRS990/OtherExpensesGrp/TotalAmt	3	1551023
IRS990/OtherLiabilitiesGrp/BOYAmt	0	9451940
IRS990/OtherLiabilitiesGrp/EOYAmt	0	13661173
IRS990/OtherRevenueMiscGrp/BusinessCd	0	611600
IRS990/OtherRevenueMiscGrp/BusinessCd	1	611600
IRS990/OtherRevenueMiscGrp/Desc	0	Other Revenue
IRS990/OtherRevenueMiscGrp/Desc	1	Bldg Corp.
IRS990/OtherRevenueMiscGrp/ExclusionAmt	0	0
IRS990/OtherRevenueMiscGrp/ExclusionAmt	1	0
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt	0	12982
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt	1	40044
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt	0	12982
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt	1	40044
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt	1	0
IRS990/OtherRevenueTotalAmt	0	53026
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	3910994
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	3910994
IRS990/OwnWebsiteInd	0	X
IRS990/PartialLiquidationInd	0	false
IRS990/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990/PayrollTaxesGrp/FundraisingAmt	0	0
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt	0	1430
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	56709
IRS990/PayrollTaxesGrp/TotalAmt	0	58139
IRS990/PensionPlanContributionsGrp/FundraisingAmt	0	0
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt	0	26336
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt	0	1044724
IRS990/PensionPlanContributionsGrp/TotalAmt	0	1071060
IRS990/PoliticalCampaignActyInd	0	false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	116084
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	133673
IRS990/PrincipalOfficerNm	0	Bethany Merkling
IRS990/ProfessionalFundraisingInd	0	false
IRS990/ProgramServiceRevenueGrp/BusinessCd	0	611600
IRS990/ProgramServiceRevenueGrp/BusinessCd	1	611600
IRS990/ProgramServiceRevenueGrp/BusinessCd	2	611600
IRS990/ProgramServiceRevenueGrp/BusinessCd	3	611600
IRS990/ProgramServiceRevenueGrp/BusinessCd	4	611600
IRS990/ProgramServiceRevenueGrp/Desc	0	Per Pupil Revenue
IRS990/ProgramServiceRevenueGrp/Desc	1	Mil Levy Revenue
IRS990/ProgramServiceRevenueGrp/Desc	2	Tuition and Fees
IRS990/ProgramServiceRevenueGrp/Desc	3	Contributions/Donations
IRS990/ProgramServiceRevenueGrp/Desc	4	Bldg. Corp. Lease Rev.
IRS990/ProgramServiceRevenueGrp/ExclusionAmt	0	0
IRS990/ProgramServiceRevenueGrp/ExclusionAmt	1	0
IRS990/ProgramServiceRevenueGrp/ExclusionAmt	2	0
IRS990/ProgramServiceRevenueGrp/ExclusionAmt	3	0
IRS990/ProgramServiceRevenueGrp/ExclusionAmt	4	0
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	6510280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	908395
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	680859
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	3	38501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	4	1555130
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt	1	0
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt	2	0
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt	3	0
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt	4	0
IRS990/ProhibitedTaxShelterTransInd	0	false
IRS990/PYContributionsGrantsAmt	0	571851
IRS990/PYExcessBenefitTransInd	0	false
IRS990/PYInvestmentIncomeAmt	0	5351
IRS990/PYOtherExpensesAmt	0	4612260
IRS990/PYOtherRevenueAmt	0	1594823
IRS990/PYProgramServiceRevenueAmt	0	7221697
IRS990/PYRevenuesLessExpensesAmt	0	87433
IRS990/PYSalariesCompEmpBnftPaidAmt	0	4694029
IRS990/PYTotalExpensesAmt	0	9306289
IRS990/PYTotalRevenueAmt	0	9393722
IRS990/QuidProQuoContributionsInd	0	false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990/ReconcilationRevenueExpnssAmt	0	135165
IRS990/RegularMonitoringEnfrcInd	0	true
IRS990/RelatedEntityInd	0	true
IRS990/RelatedOrganizationCtrlEntInd	0	false
IRS990/ReportInvestmentsOtherSecInd	0	false
IRS990/ReportLandBuildingEquipmentInd	0	true
IRS990/ReportOtherAssetsInd	0	true
IRS990/ReportOtherLiabilitiesInd	0	true
IRS990/ReportProgramRelatedInvstInd	0	false
IRS990/RevenueAmt	0	10507547
IRS990/SavingsAndTempCashInvstGrp/BOYAmt	0	2222004
IRS990/SavingsAndTempCashInvstGrp/EOYAmt	0	4385009
IRS990ScheduleA/InvestmentIncomeCYPct	0	0
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/PublicSupportCY170Pct	0	0
IRS990ScheduleA/PublicSupportCY509Pct	0	0
IRS990ScheduleA/PublicSupportTotal509Amt	0	0
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990/ScheduleBRequiredInd	0	true
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	8033547
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	1182234
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt	0	9215781
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	60141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	65556
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt	0	125697
IRS990ScheduleD/ExpensesSubtotalAmt	0	10372382
IRS990ScheduleD/LandGrp/BookValueAmt	0	2009863
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt	0	2009863
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt	0	7184283
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt	0	706584
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt	0	7890867
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	2043522
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	82034
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	0
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	0
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	Deferred Outflows - Pension Related
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	Deferred Outflows - OPEB Related
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	Interfund Receivable - General Fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	Interfund Receivable - Building Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	8571914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	291942
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	4386112
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	105899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	4	305306
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	5	0
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	6	0
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	Net OPEB Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	Deferred Inflows - Pension Related
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	Deferred Inflows - OPEB Related
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	4	Accrued Interest Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	5	Interfund Payable - General Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	6	Interfund Payable - Building Fund
IRS990ScheduleD/RevenueSubtotalAmt	0	10507547
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	17287834
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	2125556
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	10372382
IRS990ScheduleD/TotalLiabilityAmt	0	13661173
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	10507547
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	10507547
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	10372382
IRS990ScheduleE/ComplianceWithRevProc7550Ind	0	true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd	0	true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd	0	false
IRS990ScheduleE/MaintainCpyOfAllSolInd	0	true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd	0	true
IRS990ScheduleE/MaintainRacialCompRecsInd	0	true
IRS990ScheduleE/MaintainScholarshipsRecsInd	0	true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd	0	true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd	0	true

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $24,387,876
Liabilities: $36,467,742
Net assets: -$12,079,866
Revenue: $10,507,547
Expenses: $10,372,382
Net income: $135,165

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$25.5	$34.6	$9.12	$12.8	$12.6	$0.19
2024Detailed filing. Detailed filing data is available for this year.	$26.1	$35.5	$9.37	$12.3	$11.7	$0.57
2023Detailed filing. Detailed filing data is available for this year.	$24.4	$36.5	$12.1	$10.5	$10.4	$0.14
2022Detailed filing. Detailed filing data is available for this year.	$24.7	$32.8	$8.16	$9.39	$9.31	$0.09
2021Detailed filing. Detailed filing data is available for this year.	$25.9	$35.9	$10.0	$8.60	$8.34	$0.26
2020Detailed filing. Detailed filing data is available for this year.	$25.1	$36.7	$11.6	$7.69	$7.19	$0.50
2019Summary only. Only limited summary data is available for this year.	$26.7	$37.6	$11.0	$7.38	$7.42	$0.04