Civic Intelligence

Triangle Education Organization

990 • Fiscal year 2021 • EIN 47-5478684

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

Organization ProfileWWW.PSPA.TEAMCFA.SCHOOL
220 Rosewood Centre DriveHolly Springs, NC 27540

(919) 439-9448

Siviq Scores

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

Liabilities / Assets

91st percentile

0.94x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

4.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Net Margin

23rd percentile

-1.1%

Higher net margin than 23% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

18th percentile

$87,158

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Asset Growth

95th percentile

106%

Faster asset growth than 95% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

58th percentile

20%

Faster revenue growth than 58% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$38,299,119

Up $19,671,534 (+106%) from 2020

Net Assets

Down

$2,151,713

Down $90,406 (-4.0%) from 2020

Liabilities

Up

$36,147,406

Up $19,761,940 (+121%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin23rd percentile

Revenue

Up

$8,454,714

Up $1,437,059 (+20%) from 2020

Expenses

Up

$8,545,120

Up $1,591,585 (+23%) from 2020

Net Income

Down

-$90,406

Down $154,526 (-241%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$60M$40M$20M$0Assets 2017: $56,994Liabilities 2017: $81,2502017Assets 2018: $12,931,194Liabilities 2018: $11,637,470Net Assets 2018: $1,293,7242018Assets 2019: $13,314,923Liabilities 2019: $11,136,924Net Assets 2019: $2,177,9992019Assets 2020: $18,627,585Liabilities 2020: $16,385,466Net Assets 2020: $2,242,1192020Assets 2021: $38,299,119Liabilities 2021: $36,147,406Net Assets 2021: $2,151,7132021Assets 2022: $38,991,074Liabilities 2022: $36,270,883Net Assets 2022: $2,720,1912022Assets 2023: $39,644,521Liabilities 2023: $36,623,658Net Assets 2023: $3,020,8632023Assets 2024: $45,976,380Liabilities 2024: $42,768,448Net Assets 2024: $3,207,9322024Assets 2025: $54,623,831Liabilities 2025: $49,966,793Net Assets 2025: $4,657,0382025

Highlighted filing

2021

Assets$38,299,119
Liabilities$36,147,406
Net Assets$2,151,713
Open 2021 Filing

Operations Trend

Revenue Growth58th percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2017: $33,097Expenses 2017: $57,353Net Income 2017: -$24,2562017Revenue 2018: $4,065,391Expenses 2018: $2,747,411Net Income 2018: $1,317,9802018Revenue 2019: $5,239,920Expenses 2019: $4,355,645Net Income 2019: $884,2752019Revenue 2020: $7,017,655Expenses 2020: $6,953,535Net Income 2020: $64,1202020Revenue 2021: $8,454,714Expenses 2021: $8,545,120Net Income 2021: -$90,4062021Revenue 2022: $11,437,237Expenses 2022: $10,868,759Net Income 2022: $568,4782022Revenue 2023: $13,233,511Expenses 2023: $12,932,839Net Income 2023: $300,6722023Revenue 2024: $14,522,304Expenses 2024: $14,335,235Net Income 2024: $187,0692024Revenue 2025: $38,298,703Expenses 2025: $36,849,597Net Income 2025: $1,449,1062025

Highlighted filing

2021

Revenue$8,454,714
Expenses$8,545,120
Net Income-$90,406
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.0
Gross Receipts
$8,464,567
Mission and Program Overview

Mission

Operate a Public Charter School.

Operation of a public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,466,980$17,140,278▲ $1,673,298
Cash and Non-Interest-Bearing Accounts$1,481,264$10,702,779▲ $9,221,515
Savings and Temporary Cash Investments$1,006,332$2,006,526▲ $1,000,194
Prepaid Expenses and Deferred Charges$50,703$393,706▲ $343,003
Accounts Receivable$172,257$51,241▼ $121,016
Total Assets$18,627,585$38,299,119▲ $19,671,534
Other Assets Total$450,049$8,004,589▲ $7,554,540
Liabilities
Tax Exempt Bond Liabilities-$35,539,500-
Mortgage Notes Payable Secured by Investment Property$16,298,813$552,195▼ $15,746,618
Accounts Payable and Accrued Expenses$86,653$55,711▼ $30,942
Total Liabilities$16,385,466$36,147,406▲ $19,761,940
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,242,119$2,151,713▼ $90,406
Total Net Assets Fund Balance$2,242,119$2,151,713▼ $90,406
Total Liabilities and Net Assets / Fund Balance$18,627,585$38,299,119▲ $19,671,534

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,188,847$640,132$15,828,979
Land$1,750,000-$1,750,000
Equipment$201,431$56,218$257,649
Other Assets Org$27,652--
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie NeedhamPrincipalFT$87,158$87,158

Board Members and Trustees

NameTitle
Priscilla MaynorBoard Chair
Shea MaliszewskiVice Chair
Craig TuckerDirector
Julia MccombsDirector
Katie WallsDirector
Sean ColemanDirector
Kristen StockingSecretary
Gregg SindersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$799,345
Program Service Revenue
$7,523,766
Investment Income
$-8,992
Other Revenue
$140,595
All Other Contributions
$52,287
Change in Net Assets
$-90,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,454,714
Total Revenue per Audited Statements
$8,454,714
Total Revenue per Form 990
$8,454,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,658,236
Salaries, Compensation, and Employee Benefits$3,886,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,704,195$253,317-$2,957,512
Interest$1,166,032$388,678-$1,554,710
Fees for Services Other$350,002$225,097-$575,099
Depreciation Depletion$346,697$183,261-$529,958
Other Employee Benefits$338,103$56,915-$395,018
Office Expenses$272,027$114,824-$386,851
Payroll Taxes$227,820$38,715-$266,535
Current Officers, Directors, Trustees, and Key Employees-$204,359-$204,359
Occupancy$130,498$38,734-$169,232
Information Technology$139,371$2,758-$142,129
Pension Plan Contributions$54,274$9,186-$63,460
Insurance-$52,501-$52,501
Advertising-$25,329-$25,329
Fees for Services Legal-$12,165-$12,165
Other Expenses$8,456$1,830-$10,286
All Other Expenses$6,970$1,726-$8,696
Fees for Services Accounting-$8,150-$8,150
Travel$1,250$1,491-$2,741
Conferences and Meetings$482$1,128-$1,610
Total Functional Expenses$6,588,722$1,956,398$0$8,545,120

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,545,120
Total Expenses per Audited Statements$8,545,120
Total Expenses per Form 990$8,545,120
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,619
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$19,619$19,619-$19,619
Total Events$19,619$19,619-$19,619
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABond 2020a2020-08-27$35,539,500Refinance existing debt and purchase & construction of school facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$35,539,500$15,742,417-$710,792

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
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

“990 is reviewed by board chair and finance committee. Provided to board prior to filing.”

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

“Board reviews and resolves any potential conflicts of interest.”

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

“Top management official's compensation is approved by the board and is based on comparability data and performance.”

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

“Officers are not compensated. Key employee salaries are based on comparibility data and are approved by the board.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, school policies, and financial statements are available for viewing by the public at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
Triangle Education Foundation
EIN
47-5478684
Phone
9194399448
Address
220 ROSEWOOD CENTRE DRIVE, HOLLY SPRINGS, NC 27540
Doing Business As
Pine Springs Preparatory Academy

Signing Officer

Name
Shea Maliszewski
Title
Vice Chair
Phone
9194399448
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shea Maliszewski
Formed
2016
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
69
Volunteers
8

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0278602
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138714
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt218918
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31830
IRS990/OtherExpensesGrp/ProgramServicesAmt0835804
IRS990/OtherExpensesGrp/ProgramServicesAmt16741
IRS990/OtherExpensesGrp/ProgramServicesAmt28456
IRS990/OtherExpensesGrp/TotalAmt01114406
IRS990/OtherExpensesGrp/TotalAmt138714
IRS990/OtherExpensesGrp/TotalAmt225659
IRS990/OtherExpensesGrp/TotalAmt310286
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/Desc2COVID RELIEF FUND
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt064523
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt148416
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt28037
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064523
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt148416
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt28037
IRS990/OtherRevenueTotalAmt0120976
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0253317
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02704195
IRS990/OtherSalariesAndWagesGrp/TotalAmt02957512
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt038715
IRS990/PayrollTaxesGrp/ProgramServicesAmt0227820
IRS990/PayrollTaxesGrp/TotalAmt0266535
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09186
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt054274
IRS990/PensionPlanContributionsGrp/TotalAmt063460
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt050703
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0393706
IRS990/PrincipalOfficerNm0SHEA MALISZEWSKI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05056557
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12467209
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05056557
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12467209
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0146529
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04548
IRS990/PYOtherExpensesAmt03532092
IRS990/PYOtherRevenueAmt087899
IRS990/PYProgramServiceRevenueAmt06778679
IRS990/PYRevenuesLessExpensesAmt064120
IRS990/PYSalariesCompEmpBnftPaidAmt03421443
IRS990/PYTotalExpensesAmt06953535
IRS990/PYTotalRevenueAmt07017655
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-90406
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07523766
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01006332
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02006526
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt015188847
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0640132
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015828979
IRS990ScheduleD/EquipmentGrp/BookValueAmt0201431
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056218
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0257649
IRS990ScheduleD/ExpensesSubtotalAmt08545120
IRS990ScheduleD/LandGrp/BookValueAmt01750000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01750000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07976937
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt127652
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt08454714
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017140278
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08004589
IRS990ScheduleD/TotalExpensesPerForm990Amt08545120
IRS990ScheduleD/TotalRevenuePerForm990Amt08454714
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08454714
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08545120
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/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PINE SPRINGS PREPARATORY ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019619
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019619
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0BOND 2020A REFINANCE EXISTING DEBT AND PURCHASE & CONSTRUCTION OF SCHOOL FACILITIES
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/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02020-08-27
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum074442EFK1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt035539500
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0BOND 2020A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFINANCE EXISTING DEBT AND PURCHASE & CONSTRUCTION OF SCHOOL FACILITIES
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0true
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt09386380
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0263165

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,299,119
Liabilities
$36,147,406
Net assets
$2,151,713
Revenue
$8,454,714
Expenses
$8,545,120
Net income
-$90,406
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$54.6$50.0$4.66$38.3$36.8$1.45
2024Detailed filing. Detailed filing data is available for this year.$46.0$42.8$3.21$14.5$14.3$0.19
2023Detailed filing. Detailed filing data is available for this year.$39.6$36.6$3.02$13.2$12.9$0.30
2022Detailed filing. Detailed filing data is available for this year.$39.0$36.3$2.72$11.4$10.9$0.57
2021Detailed filing. Detailed filing data is available for this year.$38.3$36.1$2.15$8.45$8.55$0.09
2020Detailed filing. Detailed filing data is available for this year.$18.6$16.4$2.24$7.02$6.95$0.06
2019Summary only. Only limited summary data is available for this year.$13.3$11.1$2.18$5.24$4.36$0.88
2018Summary only. Only limited summary data is available for this year.$12.9$11.6$1.29$4.07$2.75$1.32
2017Summary only. Only limited summary data is available for this year.$0.06$0.08$0.03$0.06$0.02