Civic Intelligence

Emerson Institute

990 • Fiscal year 2016 • EIN 53-0062990

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 14, 2017

Organization Profilewww.emersonprep.net
1324 18th St NWWashington, DC 20036

(202) 785-2877

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.01x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.37x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$91,325

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

88th percentile

36%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

24%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$428,169

Up $112,739 (+36%) from 2015

Net Assets

Up

-$3,246

Up $142,114 (+98%) from 2015

Liabilities

Down

$431,415

Down $29,375 (-6.4%) from 2015

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin72nd percentile

Revenue

Up

$1,172,937

Up $224,327 (+24%) from 2015

Expenses

Up

$1,030,823

Up $26,808 (+2.7%) from 2015

Net Income

Up

$142,114

Up $197,519 (+357%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$600K$400K$200K$0-$200KAssets 2010: $149,210Liabilities 2010: $126,031Net Assets 2010: $23,1792010Assets 2011: $83,125Liabilities 2011: $84,973Net Assets 2011: -$1,8482011Assets 2012: $72,735Liabilities 2012: $149,641Net Assets 2012: -$76,9072012Assets 2013: $235,789Liabilities 2013: $241,908Net Assets 2013: -$6,1192013Assets 2014: $76,033Liabilities 2014: $187,158Net Assets 2014: -$111,1252014Assets 2015: $315,430Liabilities 2015: $460,790Net Assets 2015: -$145,3602015Assets 2016: $428,169Liabilities 2016: $431,415Net Assets 2016: -$3,2462016Assets 2017: $441,172Liabilities 2017: $452,759Net Assets 2017: -$11,5872017Assets 2018: $481,980Liabilities 2018: $479,903Net Assets 2018: $2,0772018Assets 2019: $154,303Liabilities 2019: $180,894Net Assets 2019: -$26,5912019Assets 2020: $206,113Liabilities 2020: $259,345Net Assets 2020: -$53,2322020

Highlighted filing

2016

Assets$428,169
Liabilities$431,415
Net Assets-$3,246
Open 2016 Filing

Operations Trend

Revenue Growth79th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $710,139Expenses 2010: $728,549Net Income 2010: -$18,4102010Revenue 2011: $711,692Expenses 2011: $736,719Net Income 2011: -$25,0272011Revenue 2012: $825,602Expenses 2012: $889,490Net Income 2012: -$63,8882012Revenue 2013: $859,320Expenses 2013: $785,876Net Income 2013: $73,4442013Revenue 2014: $812,185Expenses 2014: $917,190Net Income 2014: -$105,0052014Revenue 2015: $948,610Expenses 2015: $1,004,015Net Income 2015: -$55,4052015Revenue 2016: $1,172,937Expenses 2016: $1,030,823Net Income 2016: $142,1142016Revenue 2017: $537,353Expenses 2017: $545,694Net Income 2017: -$8,3412017Revenue 2018: $1,012,948Expenses 2018: $999,284Net Income 2018: $13,6642018Revenue 2019: $1,079,226Expenses 2019: $1,106,978Net Income 2019: -$27,7522019Revenue 2020: $881,925Expenses 2020: $908,566Net Income 2020: -$26,6412020

Highlighted filing

2016

Revenue$1,172,937
Expenses$1,030,823
Net Income$142,114
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,172,937
Mission and Program Overview

Mission

Founded in 1852 in the honor of george emerson, the institute originally prepared washington-area boys to enter harvard college and continues as a college preparatory school with a progressive philosophy of student-centered programs for families seeking a healthier, happier, and stimulating education.

The institute originally prepared washington-area boys to enter harvard college and continues as a college preparatory school with a progressive philosophy of student-centered programs for families seeking a healthier, happier, and stimulating education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,386$334,962▲ $238,576
Accounts Receivable$202,169$70,242▼ $131,927
Prepaid Expenses and Deferred Charges$10,832$20,525▲ $9,693
Land, Buildings, and Equipment, Net$5,633$2,440▼ $3,193
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$315,430$428,169▲ $112,739
Other Assets Total$410$0▼ $410
Liabilities
Deferred Revenue$456,941$401,346▼ $55,595
Accounts Payable and Accrued Expenses$3,849$21,348▲ $17,499
Other Liabilities-$8,721-
Total Liabilities$460,790$431,415▼ $29,375
Net Assets / Fund Balance
Unrestricted Net Assets$-145,360$-3,246▲ $142,114
Total Net Assets Fund Balance$-145,360$-3,246▲ $142,114
Total Liabilities and Net Assets / Fund Balance$315,430$428,169▲ $112,739

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,440$44,708$47,148
Other Land Buildings-$18,578$18,578
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jon ShicklerExecutive DirectorFT$91,325$91,325

Board Members and Trustees

NameTitle
Mark GrovicChairman
Janet SvirskyDirector
John GlickDirector
Mary RomaDirector
Patricia EisnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$56,914
Program Service Revenue
$1,116,023
Investment Income
$0
Other Revenue
$0
All Other Contributions
$56,914
Change in Net Assets
$142,114

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,172,937
Total Revenue per Audited Statements
$1,172,937
Total Revenue per Form 990
$1,172,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$631,272
Other Expenses$399,551
Total Fundraising Expense$24,175
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$421,104$56,210-$477,314
Occupancy$166,768$31,503$4,772$203,043
Current Officers, Directors, Trustees, and Key Employees$45,663$31,963$13,699$91,325
All Other Expenses$45,683$2,954$1,157$49,794
Payroll Taxes$39,774$7,513$1,138$48,425
Fees for Services Accounting$34,639$6,221$942$41,802
Insurance$12,638$2,387$362$15,387
Office Expenses$12,559$2,372$359$15,290
Other Employee Benefits$11,950$2,258-$14,208
Other Expenses$8,475$1,601$242$10,318
Fees for Services Other$6,493$1,226$186$7,905
Depreciation Depletion$2,622$496$75$3,193
Travel$1,282$242$37$1,561
Advertising$792$150$23$965
Total Functional Expenses$851,749$154,899$24,175$1,030,823

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,030,823
Total Expenses per Audited Statements$1,030,823
Total Expenses per Form 990$1,030,823
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Liability$8,721
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
No
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, Line 11B: Form 990 Review Process

“Draft form 990 is reviewed by management and the board of directors prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board actively monitors and requires conflict of interest certifications from its members. The board monitors and authorizes significant contracts with service providers, vendors, and suppliers.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board reviews the executive director's compensation in light of compensation reasonable with that of other similar organizations and in consideration of entire benefits offered, cost of living in the washington metropolitan area, financial contraints of the institute, and other economic facors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The institute makes its application for exemption and other organziational documents and form 990s available upon request. Additionally, the institue's form 990s are also widely available on websites of various watchdog organizations.”

Filing and Contact Details

Filer

Filer Name
Emerson Institute
EIN
53-0062990
Phone
2027852877
Address
1324 18TH ST NW, WASHINGTON, DC 20036

Signing Officer

Name
Jon Shickler
Title
Executive Director
Signed
2017-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Grovic
Formed
1852
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
24
Volunteers
15

Preparer

Firm
Frye & Company CPAs
Address
9161 Liberia Ave Ste 304, Manassas, VA 20110
Preparer
Mark R Frye CPA
Phone
7032570660
Raw XML AppendixShowing 400 of 453 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03849
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021348
IRS990/AccountsReceivableGrp/BOYAmt0202169
IRS990/AccountsReceivableGrp/EOYAmt070242
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE INSTITUTE ORIGINALLY PREPARED WASHINGTON-AREA BOYS TO ENTER HARVARD COLLEGE AND CONTINUES AS A COLLEGE PREPARATORY SCHOOL WITH A PROGRESSIVE PHILOSOPHY OF STUDENT-CENTERED PROGRAMS FOR FAMILIES SEEKING A HEALTHIER, HAPPIER, AND STIMULATING EDUCATION.
IRS990/AdvertisingGrp/FundraisingAmt023
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0150
IRS990/AdvertisingGrp/ProgramServicesAmt0792
IRS990/AdvertisingGrp/TotalAmt0965
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt056914
IRS990/AllOtherExpensesGrp/FundraisingAmt01157
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02954
IRS990/AllOtherExpensesGrp/ProgramServicesAmt045683
IRS990/AllOtherExpensesGrp/TotalAmt049794
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THE INSTITUTE
IRS990/BooksInCareOfDetail/PhoneNum02027852877
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01324 18TH ST NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020036
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt096386
IRS990/CashNonInterestBearingGrp/EOYAmt0334962
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013699
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt031963
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt045663
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt091325
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt056914
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0399551
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01116023
IRS990/CYRevenuesLessExpensesAmt0142114
IRS990/CYSalariesCompEmpBnftPaidAmt0631272
IRS990/CYTotalExpensesAmt01030823
IRS990/CYTotalFundraisingExpenseAmt024175
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01172937
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0456941
IRS990/DeferredRevenueGrp/EOYAmt0401346
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt075
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0496
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02622
IRS990/DepreciationDepletionGrp/TotalAmt03193
IRS990/Desc0COLLEGE PREPARATORY SCHOOL - AN EDUCATION PROGRAM DESIGNED TO PREPARE STUDENTS FOR COLLEGE AND UNIVERSITY. STUDENT BODY CONSIST OF APPROXIMATELY 60 STUDENTS PREPARING FOR COLLEGE AND UNIVERSITY STUDIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt024
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0826624
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0942
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06221
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt034639
IRS990/FeesForServicesAccountingGrp/TotalAmt041802
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0186
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01226
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06493
IRS990/FeesForServicesOtherGrp/TotalAmt07905
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK GROVIC
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICIA EISNER
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN GLICK
IRS990/Form990PartVIISectionAGrp/PersonNm3JANET SVIRSKY
IRS990/Form990PartVIISectionAGrp/PersonNm4MARY ROMA
IRS990/Form990PartVIISectionAGrp/PersonNm5JON SHICKLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt591325
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01852
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01172937
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0362
IRS990/InsuranceGrp/ManagementAndGeneralAmt02387
IRS990/InsuranceGrp/ProgramServicesAmt012638
IRS990/InsuranceGrp/TotalAmt015387
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt063286
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05633
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02440
IRS990/LandBldgEquipCostOrOtherBssAmt065726
IRS990/LegalDomicileStateCd0DC
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FOUNDED IN 1852 IN THE HONOR OF GEORGE EMERSON, THE INSTITUTE ORIGINALLY PREPARED WASHINGTON-AREA BOYS TO ENTER HARVARD COLLEGE AND CONTINUES AS A COLLEGE PREPARATORY SCHOOL WITH A PROGRESSIVE PHILOSOPHY OF STUDENT-CENTERED PROGRAMS FOR FAMILIES SEEKING A HEALTHIER, HAPPIER, AND STIMULATING EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-145360
IRS990/NetAssetsOrFundBalancesEOYAmt0-3246
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt04772
IRS990/OccupancyGrp/ManagementAndGeneralAmt031503
IRS990/OccupancyGrp/ProgramServicesAmt0166768
IRS990/OccupancyGrp/TotalAmt0203043
IRS990/OfficeExpensesGrp/FundraisingAmt0359
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02372
IRS990/OfficeExpensesGrp/ProgramServicesAmt012559
IRS990/OfficeExpensesGrp/TotalAmt015290
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0410
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02258
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011950
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014208
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TELEPHONE & INTERNET
IRS990/OtherExpensesGrp/Desc2UTILITIES EXPENSE
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/FundraisingAmt0568
IRS990/OtherExpensesGrp/FundraisingAmt1350
IRS990/OtherExpensesGrp/FundraisingAmt2265
IRS990/OtherExpensesGrp/FundraisingAmt3242
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03747
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12310
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21746
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31601
IRS990/OtherExpensesGrp/ProgramServicesAmt019837
IRS990/OtherExpensesGrp/ProgramServicesAmt112228
IRS990/OtherExpensesGrp/ProgramServicesAmt29242
IRS990/OtherExpensesGrp/ProgramServicesAmt38475
IRS990/OtherExpensesGrp/TotalAmt024152
IRS990/OtherExpensesGrp/TotalAmt114888
IRS990/OtherExpensesGrp/TotalAmt211253
IRS990/OtherExpensesGrp/TotalAmt310318
IRS990/OtherLiabilitiesGrp/EOYAmt08721
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056210
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0421104
IRS990/OtherSalariesAndWagesGrp/TotalAmt0477314
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01138
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07513
IRS990/PayrollTaxesGrp/ProgramServicesAmt039774
IRS990/PayrollTaxesGrp/TotalAmt048425
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010832
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020525
IRS990/PrincipalOfficerNm0MARK GROVIC
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11106178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11106178
IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER PROGRAM & TUTORING - AFTER SCHOOL AND SUMMER EDUCATIONAL PROGRAMS DESIGNED TO FOSTER STUDENT LEARNING AND HELP PREPARE THEM FOR COLLEGE AND UNIVERSITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt025125
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01400
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0404374
IRS990/PYProgramServiceRevenueAmt0947210
IRS990/PYRevenuesLessExpensesAmt0-55405
IRS990/PYSalariesCompEmpBnftPaidAmt0599641
IRS990/PYTotalExpensesAmt01004015
IRS990/PYTotalRevenueAmt0948610
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0142114
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/EquipmentGrp/BookValueAmt02440
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044708
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047148
IRS990ScheduleD/ExpensesSubtotalAmt01030823
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018578
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018578
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08721
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt01172937
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02440
IRS990ScheduleD/TotalExpensesPerForm990Amt01030823
IRS990ScheduleD/TotalLiabilityAmt08721
IRS990ScheduleD/TotalRevenuePerForm990Amt01172937
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01172937
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01030823
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/ExplanationTxt0SCHOOL PUBLICIZES NONDISCRIMINATION POLICY IN ALL PUBLICATIONS, APPLICATIONS AND REGISTRATION FORMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ACTIVELY MONITORS AND REQUIRES CONFLICT OF INTEREST CERTIFICATIONS FROM ITS MEMBERS. THE BOARD MONITORS AND AUTHORIZES SIGNIFICANT CONTRACTS WITH SERVICE PROVIDERS, VENDORS, AND SUPPLIERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION IN LIGHT OF COMPENSATION REASONABLE WITH THAT OF OTHER SIMILAR ORGANIZATIONS AND IN CONSIDERATION OF ENTIRE BENEFITS OFFERED, COST OF LIVING IN THE WASHINGTON METROPOLITAN AREA, FINANCIAL CONTRAINTS OF THE INSTITUTE, AND OTHER ECONOMIC FACORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INSTITUTE MAKES ITS APPLICATION FOR EXEMPTION AND OTHER ORGANZIATIONAL DOCUMENTS AND FORM 990S AVAILABLE UPON REQUEST. ADDITIONALLY, THE INSTITUE'S FORM 990S ARE ALSO WIDELY AVAILABLE ON WEBSITES OF VARIOUS WATCHDOG ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0315430
IRS990/TotalAssetsEOYAmt0428169
IRS990/TotalAssetsGrp/BOYAmt0315430
IRS990/TotalAssetsGrp/EOYAmt0428169
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt056914
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024175
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0154899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0851749
IRS990/TotalFunctionalExpensesGrp/TotalAmt01030823
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0460790
IRS990/TotalLiabilitiesEOYAmt0431415
IRS990/TotalLiabilitiesGrp/BOYAmt0460790
IRS990/TotalLiabilitiesGrp/EOYAmt0431415
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-145360

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$428,169
Liabilities
$431,415
Net assets
-$3,246
Revenue
$1,172,937
Expenses
$1,030,823
Net income
$142,114
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.26$0.05$0.88$0.91$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.15$0.18$0.03$1.08$1.11$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.48$0.00$1.01$1.00$0.01
2017Summary only. Only limited summary data is available for this year.$0.44$0.45$0.01$0.54$0.55$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.00$1.17$1.03$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.46$0.15$0.95$1.00$0.06
2014Summary only. Only limited summary data is available for this year.$0.08$0.19$0.11$0.81$0.92$0.11
2013Summary only. Only limited summary data is available for this year.$0.24$0.24$0.01$0.86$0.79$0.07
2012Summary only. Only limited summary data is available for this year.$0.07$0.15$0.08$0.83$0.89$0.06
2011Summary only. Only limited summary data is available for this year.$0.08$0.08$0.00$0.71$0.74$0.03
2010Summary only. Only limited summary data is available for this year.$0.15$0.13$0.02$0.71$0.73$0.02