Civic Intelligence

Ware Academy Inc.

990 • Fiscal year 2016 • EIN 54-0577901

Jul 01, 2015 to Jun 30, 2016 • Filed on May 14, 2017

Organization ProfileWWW.WAREACADEMY.ORG
7936 John Clayton Memorial HwyGloucester, VA 23061

(804) 693-3825

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.37x

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

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

Liabilities / Revenue

74th percentile

0.41x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

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

Top Officer Pay

81st percentile

$136,361

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

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

Asset Growth

19th percentile

-5.8%

Faster asset growth than 19% of similar nonprofits.

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

Revenue Growth

42nd percentile

0.1%

Faster revenue growth than 42% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$1,605,958

Down $98,049 (-5.8%) from 2015

Net Assets

Down

$1,010,775

Down $197,191 (-16%) from 2015

Liabilities

Up

$595,183

Up $99,142 (+20%) from 2015

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin19th percentile

Revenue

Up

$1,436,984

Up $1,767 (+0.1%) from 2015

Expenses

Up

$1,628,409

Up $42,310 (+2.7%) from 2015

Net Income

Down

-$191,425

Down $40,543 (-27%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,742,155Liabilities 2011: $518,619Net Assets 2011: $1,223,5362011Assets 2012: $1,838,668Liabilities 2012: $549,242Net Assets 2012: $1,289,4262012Assets 2013: $1,838,348Liabilities 2013: $520,946Net Assets 2013: $1,317,4022013Assets 2014: $1,786,432Liabilities 2014: $416,195Net Assets 2014: $1,370,2372014Assets 2015: $1,704,007Liabilities 2015: $496,041Net Assets 2015: $1,207,9662015Assets 2016: $1,605,958Liabilities 2016: $595,183Net Assets 2016: $1,010,7752016Assets 2017: $1,688,548Liabilities 2017: $694,876Net Assets 2017: $993,6722017Assets 2018: $1,636,397Liabilities 2018: $619,556Net Assets 2018: $1,016,8412018Assets 2019: $1,364,576Liabilities 2019: $123,922Net Assets 2019: $1,240,6542019Assets 2020: $1,659,700Liabilities 2020: $526,217Net Assets 2020: $1,133,4832020Assets 2021: $1,838,982Liabilities 2021: $343,601Net Assets 2021: $1,495,3812021Assets 2022: $2,036,170Liabilities 2022: $266,817Net Assets 2022: $1,769,3532022Assets 2023: $2,303,351Liabilities 2023: $208,687Net Assets 2023: $2,094,6642023Assets 2024: $3,901,949Liabilities 2024: $516,822Net Assets 2024: $3,385,1272024Assets 2025: $4,741,356Liabilities 2025: $541,517Net Assets 2025: $4,199,8392025

Highlighted filing

2016

Assets$1,605,958
Liabilities$595,183
Net Assets$1,010,775
Open 2016 Filing

Operations Trend

Revenue Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,518,294Expenses 2011: $1,469,839Net Income 2011: $48,4552011Revenue 2012: $1,633,155Expenses 2012: $1,584,213Net Income 2012: $48,9422012Expenses 2013: $1,616,7212013Revenue 2014: $1,590,216Expenses 2014: $1,614,797Net Income 2014: -$24,5812014Revenue 2015: $1,435,217Expenses 2015: $1,586,099Net Income 2015: -$150,8822015Revenue 2016: $1,436,984Expenses 2016: $1,628,409Net Income 2016: -$191,4252016Revenue 2017: $1,515,865Expenses 2017: $1,540,983Net Income 2017: -$25,1182017Revenue 2018: $1,743,239Expenses 2018: $1,713,874Net Income 2018: $29,3652018Revenue 2019: $2,085,450Expenses 2019: $1,833,749Net Income 2019: $251,7012019Revenue 2020: $1,717,106Expenses 2020: $1,828,196Net Income 2020: -$111,0902020Revenue 2021: $2,062,524Expenses 2021: $1,700,626Net Income 2021: $361,8982021Revenue 2022: $2,220,713Expenses 2022: $1,946,741Net Income 2022: $273,9722022Revenue 2023: $2,693,416Expenses 2023: $2,369,657Net Income 2023: $323,7592023Revenue 2024: $3,710,260Expenses 2024: $2,419,797Net Income 2024: $1,290,4632024Revenue 2025: $3,365,834Expenses 2025: $2,551,122Net Income 2025: $814,7122025

Highlighted filing

2016

Revenue$1,436,984
Expenses$1,628,409
Net Income-$191,425
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 14, 2017
Return Version
2015v3.0
Gross Receipts
$2,066,605
Mission and Program Overview

Mission

Ware academy is a college preparatory school for students in pre-kindergarten through eighth grade whose mission is to educate the whole child to his or her fullest potential.

Ware academy is a college preparatory school for students in pre-kindergarten through eighth grade designed to educate the whole child to his or her fullest potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$646,756$682,447▲ $35,691
Land, Buildings, and Equipment, Net$637,316$600,080▼ $37,236
Savings and Temporary Cash Investments$210,134$148,522▼ $61,612
Accounts Receivable$31,068$34,118▲ $3,050
Cash and Non-Interest-Bearing Accounts$31,061$18,820▼ $12,241
Pledges and Grants Receivable$12,865--
Prepaid Expenses and Deferred Charges$10,460--
Intangible Assets$2,376--
Total Assets$1,704,007$1,605,958▼ $98,049
Other Assets Total$121,971$121,971→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$303,768$424,425▲ $120,657
Deferred Revenue$160,535$148,405▼ $12,130
Accounts Payable and Accrued Expenses$31,738$22,353▼ $9,385
Total Liabilities$496,041$595,183▲ $99,142
Net Assets / Fund Balance
Unrestricted Net Assets$1,181,989$968,706▼ $213,283
Temporarily Rstr Net Assets$25,977$42,069▲ $16,092
Total Net Assets Fund Balance$1,207,966$1,010,775▼ $197,191
Total Liabilities and Net Assets / Fund Balance$1,704,007$1,605,958▼ $98,049

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$380,957$608,481$989,438
Equipment$62,311$221,186$283,497
Land$154,744-$154,744
Other Land Buildings$2,068$31,243$33,311
Other Assets Org$45,000--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom ThomasHeadmasterFT$125,825$10,536$136,361

Board Members and Trustees

NameTitle
Vicky GunnPresident
Becky WhiteVice President
Barbaro PerezDirector
Cordon DavisDirector
Denise FinneyDirector
Dr Stan AllenDirector
Gloria Savage-earlyDirector
John Elkins JrDirector
Margaret SingletonDirector
Martha HericDirector
Sandy PaitSecretary
Carlton RevereTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,726
Program Service Revenue
$1,252,868
Investment Income
$2,617
Other Revenue
$20,773
All Other Contributions
$114,857
Change in Net Assets
$-191,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,492,500
Revenue Not Reported on Financial Statements
$-55,516
Revenue Not Reported on Form 990
$-239,787
Other Revenue Adjustments
$-55,516
Total Revenue per Audited Statements
$1,252,713
Total Revenue per Form 990
$1,436,984
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$976,951
Other Expenses$601,358
Grants and Similar Amounts Paid$50,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$718,758--$718,758
Current Officers, Directors, Trustees, and Key Employees-$138,385-$138,385
Occupancy$99,643--$99,643
Payroll Taxes$61,265--$61,265
Other Employee Benefits$58,543--$58,543
Grants to Domestic Individuals$50,100--$50,100
Depreciation Depletion$44,137--$44,137
Insurance$14,160$19,159-$33,319
Office Expenses$559$30,405-$30,964
Fees for Services Other-$29,786-$29,786
Other Expenses$25,434--$25,434
Advertising$20,805--$20,805
Fees for Services Accounting-$20,347-$20,347
All Other Expenses$11,322$5,932-$17,254
Information Technology$10,190--$10,190
Interest-$9,426-$9,426
Travel$1,167--$1,167
Total Functional Expenses$1,374,969$253,440$0$1,628,409

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,628,409
Total Expenses per Audited Statements$1,449,554
Expenses per Audited Statements$1,370,039
Expenses Not Reported on Financial Statements$258,370
Other Expense Adjustments$258,370
Expenses Not Reported on Form 990$79,515
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,289
Fundraising Direct Expenses$55,516
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$65,303$47,953$13,651$34,302
Golf Tournament$36,635$11,285$8,538$2,747
Total Events$122,158$76,289$55,516$20,773
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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 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, Section B, Line 11

“The form 990 is reviewed by the board of directors and approved before filing.”

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

“All board members are required to disclose any conflicts of interest. Any failure to disclose an interest or continue an interest that was deemed a conflict of interest will cause the board to take appropriate disciplinary and corrective action.”

Form 990, Part VI, Section B, Line 15A

“Compensation of head of school is reviewed annually.”

Form 990, Part VI, Section C, Line 19

“All governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Ware Academy Inc
EIN
54-0577901
Phone
8046933825
Address
7936 JOHN CLAYTON MEMORIAL HWY, GLOUCESTER, VA 23061

Signing Officer

Name
Thomas Thomas
Title
Head of School
Phone
8046933825
Signed
2017-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas L Thomas Iii
Formed
1949
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
44
Volunteers
40

Preparer

Firm
Lane & Associates Pc
Address
2839 HATHAWAY ROAD, RICHMOND, VA 23225
Preparer
Meda S Lane
Phone
8042727421
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax difference on sale of assets -10,842.”

FORM 990, PART XII, LINE 2C:

“No changes from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The school has reviewed and evaluated the relevant technical merits of each of its tax positions in accordance with guidance established by the financial accounting standards board and determined that there are no uncertain tax positions that would have a material impact on the financial statements of the organization.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Financial aide and scholarships -247,616. Parent association 23,999. Book/tax difference on sale of assets -10,842. Investment expenses -10,404.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expenses -55,516.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 55,516. Parent association 23,999.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial aide and scholarships 247,616. Prior period adjustment 350. Investment expenses 10,404.”

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IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt010190
IRS990/InformationTechnologyGrp/TotalAmt010190
IRS990/InsuranceGrp/ManagementAndGeneralAmt019159
IRS990/InsuranceGrp/ProgramServicesAmt014160
IRS990/InsuranceGrp/TotalAmt033319
IRS990/IntangibleAssetsGrp/BOYAmt02376
IRS990/InterestGrp/ManagementAndGeneralAmt09426
IRS990/InterestGrp/TotalAmt09426
IRS990/InvestmentIncomeGrp/ExclusionAmt024953
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024953
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0646756
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0682447
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0860910
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0637316
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0600080
IRS990/LandBldgEquipCostOrOtherBssAmt01460990
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0574105
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WARE ACADEMY IS A COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH EIGHTH GRADE WHOSE MISSION IS TO EDUCATE THE WHOLE CHILD TO HIS OR HER FULLEST POTENTIAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0303768
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0424425
IRS990/NetAssetsOrFundBalancesBOYAmt01207966
IRS990/NetAssetsOrFundBalancesEOYAmt01010775
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-22336
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-22336
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt020773
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt020773
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05076
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt099643
IRS990/OccupancyGrp/TotalAmt099643
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030405
IRS990/OfficeExpensesGrp/ProgramServicesAmt0559
IRS990/OfficeExpensesGrp/TotalAmt030964
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0121971
IRS990/OtherAssetsTotalGrp/EOYAmt0121971
IRS990/OtherChangesInNetAssetsAmt0-10842
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt058543
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058543
IRS990/OtherExpensesGrp/Desc0DISCOUNTS
IRS990/OtherExpensesGrp/Desc1ATHLETICS
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL EXPENSES
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0197516
IRS990/OtherExpensesGrp/ProgramServicesAmt133712
IRS990/OtherExpensesGrp/ProgramServicesAmt227658
IRS990/OtherExpensesGrp/ProgramServicesAmt325434
IRS990/OtherExpensesGrp/TotalAmt0197516
IRS990/OtherExpensesGrp/TotalAmt133712
IRS990/OtherExpensesGrp/TotalAmt227658
IRS990/OtherExpensesGrp/TotalAmt325434
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0718758
IRS990/OtherSalariesAndWagesGrp/TotalAmt0718758
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt061265
IRS990/PayrollTaxesGrp/TotalAmt061265
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012865
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010460
IRS990/PrincipalOfficerNm0THOMAS L THOMAS III
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROG.SERV.REVENUE-RELA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01155928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01155928
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0136241
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0141270
IRS990/PYInvestmentIncomeAmt026486
IRS990/PYOtherExpensesAmt0471354
IRS990/PYOtherRevenueAmt067825
IRS990/PYProgramServiceRevenueAmt01204665
IRS990/PYRevenuesLessExpensesAmt0-150882
IRS990/PYSalariesCompEmpBnftPaidAmt0973475
IRS990/PYTotalExpensesAmt01586099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01435217
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-191425
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01252868
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0210134
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0148522
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/BuildingsGrp/BookValueAmt0380957
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0608481
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0989438
IRS990ScheduleD/EquipmentGrp/BookValueAmt062311
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0221186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283497
IRS990ScheduleD/ExpensesNotReportedAmt079515
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0258370
IRS990ScheduleD/ExpensesSubtotalAmt01370039
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0154744
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0154744
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05076
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt076971
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt145000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FACILITY MASTER PLAN CIP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ARTWORK
IRS990ScheduleD/OtherExpensesIncludedAmt079515
IRS990ScheduleD/OtherExpensesNotIncludedAmt0258370
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02068
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031243
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033311
IRS990ScheduleD/OtherRevenueAmt0-244863
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-55516
IRS990ScheduleD/RevenueNotReportedAmt0-239787
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-55516
IRS990ScheduleD/RevenueSubtotalAmt01492500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FINANCIAL AIDE AND SCHOLARSHIPS -247,616. PARENT ASSOCIATION 23,999. BOOK/TAX DIFFERENCE ON SALE OF ASSETS -10,842. INVESTMENT EXPENSES -10,404.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES -55,516.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES 55,516. PARENT ASSOCIATION 23,999.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4FINANCIAL AIDE AND SCHOLARSHIPS 247,616. PRIOR PERIOD ADJUSTMENT 350. INVESTMENT EXPENSES 10,404.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0600080
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0121971
IRS990ScheduleD/TotalExpensesPerForm990Amt01628409
IRS990ScheduleD/TotalRevenuePerForm990Amt01436984
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01252713
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01449554
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt045869
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt017350
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt025350
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt03169
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt055516
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt011830
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt04446
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt016276
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt065303
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt020220
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0122158

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$1,605,958
Liabilities
$595,183
Net assets
$1,010,775
Revenue
$1,436,984
Expenses
$1,628,409
Net income
-$191,425
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.74$0.54$4.20$3.37$2.55$0.81
2024Detailed filing. Detailed filing data is available for this year.$3.90$0.52$3.39$3.71$2.42$1.29
2023Detailed filing. Detailed filing data is available for this year.$2.30$0.21$2.09$2.69$2.37$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.04$0.27$1.77$2.22$1.95$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.84$0.34$1.50$2.06$1.70$0.36
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.53$1.13$1.72$1.83$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.36$0.12$1.24$2.09$1.83$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.62$1.02$1.74$1.71$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.69$0.69$0.99$1.52$1.54$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.61$0.60$1.01$1.44$1.63$0.19
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.50$1.21$1.44$1.59$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.42$1.37$1.59$1.61$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.52$1.32$1.62
2012Summary only. Only limited summary data is available for this year.$1.84$0.55$1.29$1.63$1.58$0.05
2011Summary only. Only limited summary data is available for this year.$1.74$0.52$1.22$1.52$1.47$0.05