Civic Intelligence

Great Oaks Charter School - Wilmington Inc.

990 • Fiscal year 2019 • EIN 47-4139743

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 25, 2020

Organization ProfileWILMINGTON.GREATOAKSCHARTER.ORG
1200 N French StWilmington, DE 19801

(302) 660-4790

Siviq Scores

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

Liabilities / Assets

98th percentile

1.68x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

1.15x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

22nd percentile

-7.6%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$184,638

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

94th percentile

56%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$5,706,007

Up $2,042,307 (+56%) from 2018

Net Assets

Down

-$3,904,016

Down $631,536 (-19%) from 2018

Liabilities

Up

$9,610,023

Up $2,673,843 (+39%) from 2018

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin22nd percentile

Revenue

Up

$8,342,168

Up $1,168,450 (+16%) from 2018

Expenses

Up

$8,973,704

Up $1,530,572 (+21%) from 2018

Net Income

Down

-$631,536

Down $362,122 (-134%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$30M$20M$10M$0-$10M-$20MAssets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $524,000Liabilities 2016: $298,107Net Assets 2016: $225,8932016Assets 2017: $1,425,726Liabilities 2017: $1,001,786Net Assets 2017: $423,9402017Assets 2018: $3,663,700Liabilities 2018: $6,936,180Net Assets 2018: -$3,272,4802018Assets 2019: $5,706,007Liabilities 2019: $9,610,023Net Assets 2019: -$3,904,0162019Assets 2020: $7,660,976Liabilities 2020: $13,142,557Net Assets 2020: -$5,481,5812020Assets 2021: $9,667,857Liabilities 2021: $16,448,408Net Assets 2021: -$6,780,5512021Assets 2022: $11,817,518Liabilities 2022: $20,767,065Net Assets 2022: -$8,949,5472022Assets 2023: $7,297,676Liabilities 2023: $17,472,492Net Assets 2023: -$10,174,8162023Assets 2024: $7,164,295Liabilities 2024: $17,450,477Net Assets 2024: -$10,286,1822024Assets 2025: $5,316,855Liabilities 2025: $14,693,368Net Assets 2025: -$9,376,5132025

Highlighted filing

2019

Assets$5,706,007
Liabilities$9,610,023
Net Assets-$3,904,016
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $165,000Expenses 2015: $165,000Net Income 2015: $02015Revenue 2016: $3,319,667Expenses 2016: $3,093,774Net Income 2016: $225,8932016Revenue 2017: $5,479,007Expenses 2017: $5,201,406Net Income 2017: $277,6012017Revenue 2018: $7,173,718Expenses 2018: $7,443,132Net Income 2018: -$269,4142018Revenue 2019: $8,342,168Expenses 2019: $8,973,704Net Income 2019: -$631,5362019Revenue 2020: $8,854,740Expenses 2020: $10,432,305Net Income 2020: -$1,577,5652020Revenue 2021: $7,367,811Expenses 2021: $8,666,781Net Income 2021: -$1,298,9702021Revenue 2022: $6,616,030Expenses 2022: $8,689,226Net Income 2022: -$2,073,1962022Revenue 2023: $5,996,164Expenses 2023: $7,221,433Net Income 2023: -$1,225,2692023Revenue 2024: $4,437,319Expenses 2024: $4,548,685Net Income 2024: -$111,3662024Revenue 2025: $3,979,230Expenses 2025: $3,069,561Net Income 2025: $909,6692025

Highlighted filing

2019

Revenue$8,342,168
Expenses$8,973,704
Net Income-$631,536
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 25, 2020
Return Version
2018v3.1
Gross Receipts
$8,342,168
Mission and Program Overview

Mission

The mission of the organization is to prepare students to succeed in college. The purpose of the school is to give students the knowledge and values required to graduate from a competitive four-year college by delivering individualized instruction, emphasizing character development and fostering relationships with families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$2,603,088$4,452,743▲ $1,849,655
Savings and Temporary Cash Investments$704,383$672,962▼ $31,421
Land, Buildings, and Equipment, Net$336,465$383,377▲ $46,912
Accounts Receivable-$177,161-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-3,272,480$-3,904,016▼ $631,536
Total Assets$3,663,700$5,706,007▲ $2,042,307
Other Assets Total$19,764$19,764→ $0
Liabilities
Other Liabilities$6,425,700$9,050,501▲ $2,624,801
Accounts Payable and Accrued Expenses$510,480$559,522▲ $49,042
Total Liabilities$6,936,180$9,610,023▲ $2,673,843
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,272,480$-3,904,016▼ $631,536
Total Liabilities and Net Assets / Fund Balance$3,663,700$5,706,007▲ $2,042,307

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$347,067$338,294$685,361
Leasehold Improvements$36,310$1,670$37,980
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kia JohnsonExecutive DirectorFT$140,044$44,594$184,638

Board Members and Trustees

NameTitle
Jim MazarakisChair
Cathy HollowayBoard Member
Crystal EdwardsBoard Member
Erica HitchensBoard Member
Michael MaxwellBoard Member
Rysheema DixonBoard Member
Robert SnowbergerSecretary
Geoff LangdonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Great Oaks FoundationManagement And Operational Services200 BROADWAY 3RD FLOOR, New York, NY 10038$880,733
Revenue and Support

Revenue Composition

Contributions and Grants
$6,119,863
Program Service Revenue
$2,196,491
Investment Income
$25,814
Other Revenue
$0
All Other Contributions
$669,476
Change in Net Assets
$-631,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,342,168
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,342,168
Total Revenue per Form 990
$8,342,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,179,053
Other Expenses$3,794,651
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,174,428--$3,174,428
Occupancy$1,425,486$98,409-$1,523,895
Pension Plan Contributions$1,277,897--$1,277,897
Payments to Affiliates$447,700$433,033-$880,733
Other Employee Benefits$298,390--$298,390
Fees for Services Other$283,690--$283,690
Payroll Taxes$203,681$13,961-$217,642
Current Officers, Directors, Trustees, and Key Employees$105,348$105,348-$210,696
Depreciation Depletion$107,827--$107,827
Office Expenses$106,907--$106,907
Information Technology$88,466--$88,466
Conferences and Meetings$76,741--$76,741
Insurance-$51,511-$51,511
Other Expenses$35,407--$35,407
Advertising-$15,033-$15,033
Travel$13,436--$13,436
Fees for Services Legal$316--$316
Total Functional Expenses$8,256,409$717,295$0$8,973,704

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,973,704
Total Expenses per Audited Statements$8,973,704
Total Expenses per Form 990$8,973,704
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Other Post-employment Benefits Liability$6,914,390
Pension Liability$1,115,914
Deferred Other Post-employment Benefits$956,789
Deferred Pension Contributions$63,408
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The board of directors receives a draft copy of the federal form 990 for review and approval before it is filed with the irs.”

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

“The organization encourages all employees to disclose any conflict of interest issues that may arise. This process is monitored by the board of directors.”

Form 990, Part VI, Section B, Line 15

“When hiring the director of operations and executive director or key employee, board of trustees performs a thorough review to determine acceptable compensation. This process includes a review of comparable data. Comparability data can include published compensation surveys and executive compensation reported in the form 990 of like organizations. The board of trustees consults the full board when making the final determination. The board retains contemporaneous substantiation of the deliberation and decision.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Great Oaks Charter School -
EIN
47-4139743
Phone
3026604790
Address
1200 N FRENCH ST, WILMINGTON, DE 19801

Signing Officer

Name
Geoff Langdon
Title
Chief Financial Officer
Phone
3026604790
Signed
2020-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoff Langdon
Formed
2013
Legal Domicile
De
Voting Board Members
8
Independent Board Members
8
Employees
53
Volunteers
0

Preparer

Firm
Belfint Lyons & Shuman Pa
Address
1011 CENTRE RD STE 310, WILMINGTON, DE 19805
Preparer
George G Fournaris CPA
Phone
3022250600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been reflected in the school's financial statements. In addition, the school qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(2). The school believes it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. The school's federal return of organization exempt from income tax (form 990) for tax year 2018 is subject to examination by authorities, generally for three years after it was filed.”

Raw XML AppendixShowing 400 of 471 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0510480
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0559522
IRS990/AccountsReceivableGrp/EOYAmt0177161
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ORGANIZATION IS TO PREPARE STUDENTS TO SUCCEED IN COLLEGE. THE PURPOSE OF THE SCHOOL IS TO GIVE STUDENTS THE KNOWLEDGE AND VALUES REQUIRED TO GRADUATE FROM A COMPETITIVE FOUR-YEAR COLLEGE BY DELIVERING INDIVIDUALIZED INSTRUCTION, EMPHASIZING CHARACTER DEVELOPMENT AND FOSTERING RELATIONSHIPS WITH FAMILIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt015033
IRS990/AdvertisingGrp/TotalAmt015033
IRS990/AllOtherContributionsAmt0669476
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GEOFF LANGDON
IRS990/BooksInCareOfDetail/PhoneNum03026604790
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01200 N FRENCH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019801
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0105348
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0105348
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0210696
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt076741
IRS990/ConferencesMeetingsGrp/TotalAmt076741
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0880733
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0200 BROADWAY 3RD FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010038
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0GREAT OAKS FOUNDATION
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT AND OPERATIONAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06119863
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt025814
IRS990/CYOtherExpensesAmt03794651
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt02196491
IRS990/CYRevenuesLessExpensesAmt0-631536
IRS990/CYSalariesCompEmpBnftPaidAmt05179053
IRS990/CYTotalExpensesAmt08973704
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08342168
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0107827
IRS990/DepreciationDepletionGrp/TotalAmt0107827
IRS990/Desc0PREPARE STUDENTS TO SUCCEED IN COLLEGE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt053
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08256409
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0316
IRS990/FeesForServicesLegalGrp/TotalAmt0316
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0283690
IRS990/FeesForServicesOtherGrp/TotalAmt0283690
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt860.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt844594
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm1RYSHEEMA DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm2ERICA HITCHENS
IRS990/Form990PartVIISectionAGrp/PersonNm3GEOFF LANGDON
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT SNOWBERGER
IRS990/Form990PartVIISectionAGrp/PersonNm5CRYSTAL EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM MAZARAKIS
IRS990/Form990PartVIISectionAGrp/PersonNm7CATHY HOLLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm8KIA JOHNSON
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/ReportableCompFromOrgAmt8140044
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/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt04565215
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08342168
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt088466
IRS990/InformationTechnologyGrp/TotalAmt088466
IRS990/InsuranceGrp/ManagementAndGeneralAmt051511
IRS990/InsuranceGrp/TotalAmt051511
IRS990/InvestmentIncomeGrp/ExclusionAmt025814
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025814
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0339964
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0336465
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0383377
IRS990/LandBldgEquipCostOrOtherBssAmt0723341
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO PREPARE STUDENTS TO SUCCEED IN COLLEGE. THE PURPOSE OF THE SCHOOL IS TO GIVE STUDENTS THE KNOWLEDGE AND VALUES REQUIRED TO GRADUATE FROM A COMPETITIVE FOUR-YEAR COLLEGE BY DELIVERING INDIVIDUALIZED INSTRUCTION, EMPHASIZING CHARACTER DEVELOPMENT AND FOSTERING RELATIONSHIPS WITH FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-3272480
IRS990/NetAssetsOrFundBalancesEOYAmt0-3904016
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt098409
IRS990/OccupancyGrp/ProgramServicesAmt01425486
IRS990/OccupancyGrp/TotalAmt01523895
IRS990/OfficeExpensesGrp/ProgramServicesAmt0106907
IRS990/OfficeExpensesGrp/TotalAmt0106907
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019764
IRS990/OtherAssetsTotalGrp/EOYAmt019764
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0298390
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0298390
IRS990/OtherExpensesGrp/Desc0FLEET RENTAL
IRS990/OtherExpensesGrp/Desc1STUDENT BODY ACTIVITY
IRS990/OtherExpensesGrp/Desc2STUDENT TESTING/ASSESSM
IRS990/OtherExpensesGrp/Desc3ASSOCIATION DUES & CONF
IRS990/OtherExpensesGrp/ProgramServicesAmt0490851
IRS990/OtherExpensesGrp/ProgramServicesAmt178951
IRS990/OtherExpensesGrp/ProgramServicesAmt240887
IRS990/OtherExpensesGrp/ProgramServicesAmt335407
IRS990/OtherExpensesGrp/TotalAmt0490851
IRS990/OtherExpensesGrp/TotalAmt178951
IRS990/OtherExpensesGrp/TotalAmt240887
IRS990/OtherExpensesGrp/TotalAmt335407
IRS990/OtherLiabilitiesGrp/BOYAmt06425700
IRS990/OtherLiabilitiesGrp/EOYAmt09050501
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03174428
IRS990/OtherSalariesAndWagesGrp/TotalAmt03174428
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt0433033
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0447700
IRS990/PaymentsToAffiliatesGrp/TotalAmt0880733
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013961
IRS990/PayrollTaxesGrp/ProgramServicesAmt0203681
IRS990/PayrollTaxesGrp/TotalAmt0217642
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01277897
IRS990/PensionPlanContributionsGrp/TotalAmt01277897
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02603088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04452743
IRS990/PrincipalOfficerNm0GEOFF LANGDON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0CHARGES TO SCHOOL DIST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02196491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02196491
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05196626
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03002
IRS990/PYOtherExpensesAmt03600363
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01974090
IRS990/PYRevenuesLessExpensesAmt0-269414
IRS990/PYSalariesCompEmpBnftPaidAmt03842769
IRS990/PYTotalExpensesAmt07443132
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07173718
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-631536
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0885172
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02196491
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-3272480
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-3904016
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0704383
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0672962
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0347067
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0338294
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0685361
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08973704
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt036310
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01670
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt037980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01115914
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt163408
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26914390
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3956789
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED PENSION CONTRIBUTIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER POST-EMPLOYMENT BENEFITS LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED OTHER POST-EMPLOYMENT BENEFITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08342168
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE SCHOOL'S FINANCIAL STATEMENTS. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE SCHOOL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR TAX YEAR 2018 IS SUBJECT TO EXAMINATION BY AUTHORITIES, GENERALLY FOR THREE YEARS AFTER IT WAS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0383377
IRS990ScheduleD/TotalExpensesPerForm990Amt08973704
IRS990ScheduleD/TotalLiabilityAmt09050501
IRS990ScheduleD/TotalRevenuePerForm990Amt08342168
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08342168
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08973704
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
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS INCLUDED IN THE STATE OF DELAWARE'S SCHOOL CHOICE PROGRAM ADMISSION POLICY, WHICH IS POSTED ON THE STATE OF DELAWARE'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FEDERAL AND STATE FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140044
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt031495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013099
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIA JOHNSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0184638
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS RECEIVES A DRAFT COPY OF THE FEDERAL FORM 990 FOR REVIEW AND APPROVAL BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ENCOURAGES ALL EMPLOYEES TO DISCLOSE ANY CONFLICT OF INTEREST ISSUES THAT MAY ARISE. THIS PROCESS IS MONITORED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN HIRING THE DIRECTOR OF OPERATIONS AND EXECUTIVE DIRECTOR OR KEY EMPLOYEE, BOARD OF TRUSTEES PERFORMS A THOROUGH REVIEW TO DETERMINE ACCEPTABLE COMPENSATION. THIS PROCESS INCLUDES A REVIEW OF COMPARABLE DATA. COMPARABILITY DATA CAN INCLUDE PUBLISHED COMPENSATION SURVEYS AND EXECUTIVE COMPENSATION REPORTED IN THE FORM 990 OF LIKE ORGANIZATIONS. THE BOARD OF TRUSTEES CONSULTS THE FULL BOARD WHEN MAKING THE FINAL DETERMINATION. THE BOARD RETAINS CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03663700
IRS990/TotalAssetsEOYAmt05706007
IRS990/TotalAssetsGrp/BOYAmt03663700
IRS990/TotalAssetsGrp/EOYAmt05706007
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt06119863
IRS990/TotalEmployeeCnt053
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0717295

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,706,007
Liabilities
$9,610,023
Net assets
-$3,904,016
Revenue
$8,342,168
Expenses
$8,973,704
Net income
-$631,536
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$14.7$9.38$3.98$3.07$0.91
2024Detailed filing. Detailed filing data is available for this year.$7.16$17.5$10.3$4.44$4.55$0.11
2023Detailed filing. Detailed filing data is available for this year.$7.30$17.5$10.2$6.00$7.22$1.23
2022Detailed filing. Detailed filing data is available for this year.$11.8$20.8$8.95$6.62$8.69$2.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.67$16.4$6.78$7.37$8.67$1.30
2020Detailed filing. Detailed filing data is available for this year.$7.66$13.1$5.48$8.85$10.4$1.58
2019Detailed filing. Detailed filing data is available for this year.$5.71$9.61$3.90$8.34$8.97$0.63
2018Detailed filing. Detailed filing data is available for this year.$3.66$6.94$3.27$7.17$7.44$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.43$1.00$0.42$5.48$5.20$0.28
2016Detailed filing. Detailed filing data is available for this year.$0.52$0.30$0.23$3.32$3.09$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.17$0.17$0.00