Civic Intelligence

Towle Institute

EIN 51-0349405 • 501(c)3 • Hockessin, DE

Profile

Christian based secondary school

PO Box 580Hockessin, DE 19707-0580

www.towleinstitute.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

60th percentile

7.2%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$23,550

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

78th percentile

23%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

79th percentile

33%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$53,146

Up $9,890 (+23%) from 2024

Liabilities

Up

$1,967

Up $601 (+44%) from 2024

Net Assets

Up

$51,179

Up $9,289 (+22%) from 2024

Operations
Liabilities / Revenue71st percentileNet Margin60th percentile

Revenue

Up

$130,652

Up $32,080 (+33%) from 2024

Expenses

Up

$121,197

Up $8,987 (+8.0%) from 2024

Net Income

Up

$9,455

Up $23,093 (+169%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2011: $76,031Liabilities 2011: $4,572Net Assets 2011: $71,4592011Assets 2012: $82,971Liabilities 2012: $6,583Net Assets 2012: $76,3872012Assets 2013: $54,591Liabilities 2013: $832Net Assets 2013: $53,7582013Assets 2014: $39,996Liabilities 2014: $2,714Net Assets 2014: $37,2822014Assets 2015: $48,643Liabilities 2015: $2,8192015Assets 2016: $59,585Liabilities 2016: $2,0482016Assets 2017: $59,756Liabilities 2017: $3,3392017Assets 2018: $67,627Liabilities 2018: $2,3282018Assets 2019: $58,158Liabilities 2019: $5692019Assets 2020: $58,305Liabilities 2020: $15,5982020Assets 2021: $62,826Liabilities 2021: $22,055Net Assets 2021: $40,7712021Assets 2022: $62,548Liabilities 2022: $3,016Net Assets 2022: $59,5322022Assets 2023: $61,721Liabilities 2023: $6,193Net Assets 2023: $55,5282023Assets 2024: $43,256Liabilities 2024: $1,366Net Assets 2024: $41,8902024Assets 2025: $53,146Liabilities 2025: $1,967Net Assets 2025: $51,1792025

Highlighted filing

2025

Assets$53,146
Liabilities$1,967
Net Assets$51,179
Open 2025 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $235,902Expenses 2011: $227,360Net Income 2011: $8,5422011Revenue 2012: $229,953Expenses 2012: $225,026Net Income 2012: $4,9272012Revenue 2013: $181,098Expenses 2013: $203,727Net Income 2013: -$22,6292013Revenue 2014: $185,596Expenses 2014: $201,952Net Income 2014: -$16,3562014Revenue 2015: $151,662Expenses 2015: $143,108Net Income 2015: $8,5542015Revenue 2016: $130,347Expenses 2016: $118,634Net Income 2016: $11,7132016Revenue 2017: $124,022Expenses 2017: $125,137Net Income 2017: -$1,1152017Revenue 2018: $143,666Expenses 2018: $134,783Net Income 2018: $8,8832018Revenue 2019: $136,602Expenses 2019: $143,127Net Income 2019: -$6,5252019Revenue 2020: $122,052Expenses 2020: $136,669Net Income 2020: -$14,6172020Revenue 2021: $123,371Expenses 2021: $125,307Net Income 2021: -$1,9362021Revenue 2022: $135,174Expenses 2022: $116,679Net Income 2022: $18,4952022Revenue 2023: $112,418Expenses 2023: $116,422Net Income 2023: -$4,0042023Revenue 2024: $98,572Expenses 2024: $112,210Net Income 2024: -$13,6382024Revenue 2025: $130,652Expenses 2025: $121,197Net Income 2025: $9,4552025

Highlighted filing

2025

Revenue$130,652
Expenses$121,197
Net Income$9,455
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,146
Liabilities
$1,967
Net assets
$51,179
Revenue
$130,652
Expenses
$121,197
Net income
$9,455
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.51$1.31$1.21$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.99$1.12$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.06$0.56$1.12$1.16$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.03$0.60$1.35$1.17$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.22$0.41$1.23$1.25$0.02
2020Summary only. Only limited summary data is available for this year.$0.58$0.16$1.22$1.37$0.15
2019Summary only. Only limited summary data is available for this year.$0.58$0.01$1.37$1.43$0.07
2018Summary only. Only limited summary data is available for this year.$0.68$0.02$1.44$1.35$0.09
2017Summary only. Only limited summary data is available for this year.$0.60$0.03$1.24$1.25$0.01
2016Summary only. Only limited summary data is available for this year.$0.60$0.02$1.30$1.19$0.12
2015Summary only. Only limited summary data is available for this year.$0.49$0.03$1.52$1.43$0.09
2014Summary only. Only limited summary data is available for this year.$0.40$0.03$0.37$1.86$2.02$0.16
2013Summary only. Only limited summary data is available for this year.$0.55$0.01$0.54$1.81$2.04$0.23
2012Summary only. Only limited summary data is available for this year.$0.83$0.07$0.76$2.30$2.25$0.05
2011Summary only. Only limited summary data is available for this year.$0.76$0.05$0.71$2.36$2.27$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 27, 2025
Return Version
2024v5.0
Gross Receipts
$130,652
Mission and Program Overview

Mission

Christian based secondary school

Program Services

DescriptionGrantsExpenses
Supported 32FT, 13PT. and 20 Elementary enrolled students and their parents by providing Christian based educational services and resources. Teachers & staff salaries, payroll taxes, rent, insurance, copier, curriculum and supplies.$0$121,197
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thankful M SlatenPrincipal & Exec DirectorPT$23,550-$23,550
Sara ChickBoard Member. Bookkeeper & TeacherPT$11,550-$11,550
Lori HickmanSecretary & TeacherPT$6,125-$6,125
Roger S ToddTreasurer-$1,000-$1,000
Michael R SlatenPresident-$0--
Andy BradfordBoard Member-$0--
Tim McHughBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Towle Institute
EIN
51-0349405
Phone
3029331408
Address
PO Box 580, Hockessin, DE 19707-0580

Signing Officer

Name
Roger Todd
Title
Treasurer
Phone
3025846790
Signed
2025-09-27
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Description;Amount^IRS Employee Retention Credit;9544^Total;9544^”

Form 990-EZ, Part I, Line 16

“Description;Amount^Supplies;15685|Telephone;2025|Insurance;3678|Event Expense;10790|Basketball Program;3639^Total;35817^”

Form 990-EZ, Part I, Line 20

“Adjustment to Prior Year Expense”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Total Current Liabilities;1967^Total;1967^”

Raw XML Appendix178 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Sara Chick
IRS990EZ/BooksInCareOfDetail/PhoneNum03025840709
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04 Chisel Creek Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Landenberg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019350
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt043306
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053146
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt09455
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt043306
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053146
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0130652
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt034
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041940
IRS990EZ/NetAssetsOrFundBalancesEOYAmt051179
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041940
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt051179
IRS990EZ/OccupancyRentUtltsAndMaintAmt05000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt36
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt023550
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt21000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt36125
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt411550
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thankful M Slaten
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael R Slaten
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Roger S Todd
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lori Hickman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Sara Chick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Andy Bradford
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Tim McHugh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Principal & Exec Dir
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary & Teacher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member. Bookkeeper & Teacher
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-216
IRS990EZ/OtherExpensesTotalAmt035817
IRS990EZ/OtherRevenueTotalAmt09544
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Christian based secondary school
IRS990EZ/PrintingPublicationsPostageAmt01586
IRS990EZ/ProgramServiceRevenueAmt0121074
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Supported 32FT, 13PT. and 20 Elementary enrolled students and their parents by providing Christian based educational services and resources. Teachers & staff salaries, payroll taxes, rent, insurance, copier, curriculum and supplies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0121197
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt077794
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01366
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01967
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0121197
IRS990EZ/TotalProgramServiceExpensesAmt0121197
IRS990EZ/TotalRevenueAmt0130652
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.towleinstitute.com
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Towle Institute's racial non-discriminatory policy is printed on the school's Student Handbook which is handed out to parents of prospective students during the school's open enrollment period. It is also printed on the Towle Application for Enrollment.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^IRS Employee Retention Credit;9544^Total;9544^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Supplies;15685|Telephone;2025|Insurance;3678|Event Expense;10790|Basketball Program;3639^Total;35817^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Adjustment to Prior Year Expense
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Total Current Liabilities;1967^Total;1967^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Roger Todd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03025846790
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOWLE INSTITUTE
ReturnHeader/Filer/BusinessNameControlTxt0TOWL
ReturnHeader/Filer/EIN0510349405
ReturnHeader/Filer/PhoneNum03029331408
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 580
ReturnHeader/Filer/USAddress/CityNm0Hockessin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0197070580
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-09-27T18:45:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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