Civic Intelligence

Atlantic University

990 • Fiscal year 2016 • EIN 54-0784341

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

215 67th StreetVirginia Beach, VA 23451

(757) 631-8101

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.86x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

1.09x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

17th percentile

-19%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$148,136

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 48.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

59th percentile

7.1%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$388,601

Up $25,631 (+7.1%) from 2015

Net Assets

Down

$55,359

Down $48,189 (-47%) from 2015

Liabilities

Up

$333,242

Up $73,820 (+28%) from 2015

Revenue

Down

$304,608

Down $69,193 (-19%) from 2015

Expenses

Down

$361,555

Down $21,525 (-5.6%) from 2015

Net Income

Down

-$56,947

Down $47,668 (-514%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $279,250Liabilities 2010: $168,847Net Assets 2010: $110,4032010Assets 2011: $297,826Liabilities 2011: $211,085Net Assets 2011: $86,7412011Assets 2012: $332,316Liabilities 2012: $264,812Net Assets 2012: $67,5042012Assets 2013: $353,650Liabilities 2013: $244,756Net Assets 2013: $108,8942013Assets 2014: $372,898Liabilities 2014: $237,175Net Assets 2014: $135,7232014Assets 2015: $362,970Liabilities 2015: $259,422Net Assets 2015: $103,5482015Assets 2016: $388,601Liabilities 2016: $333,242Net Assets 2016: $55,3592016Assets 2017: $491,323Liabilities 2017: $330,243Net Assets 2017: $161,0802017Assets 2018: $510,781Liabilities 2018: $300,213Net Assets 2018: $210,5682018Assets 2019: $582,932Liabilities 2019: $304,412Net Assets 2019: $278,5202019Assets 2020: $582,640Liabilities 2020: $329,197Net Assets 2020: $253,4432020Assets 2021: $599,474Liabilities 2021: $266,113Net Assets 2021: $333,3612021Assets 2022: $643,991Liabilities 2022: $370,739Net Assets 2022: $273,2522022Assets 2023: $874,659Liabilities 2023: $457,056Net Assets 2023: $417,6032023Assets 2024: $1,079,498Liabilities 2024: $745,560Net Assets 2024: $333,9382024

Highlighted filing

2016

Assets$388,601
Liabilities$333,242
Net Assets$55,359

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $453,9112010Expenses 2011: $509,6802011Expenses 2012: $462,2792012Revenue 2013: $389,149Expenses 2013: $370,006Net Income 2013: $19,1432013Revenue 2014: $413,432Expenses 2014: $410,279Net Income 2014: $3,1532014Revenue 2015: $373,801Expenses 2015: $383,080Net Income 2015: -$9,2792015Revenue 2016: $304,608Expenses 2016: $361,555Net Income 2016: -$56,9472016Revenue 2017: $379,507Expenses 2017: $306,983Net Income 2017: $72,5242017Revenue 2018: $500,696Expenses 2018: $400,548Net Income 2018: $100,1482018Revenue 2019: $456,035Expenses 2019: $445,814Net Income 2019: $10,2212019Revenue 2020: $411,676Expenses 2020: $383,258Net Income 2020: $28,4182020Revenue 2021: $468,916Expenses 2021: $384,981Net Income 2021: $83,9352021Revenue 2022: $360,327Expenses 2022: $344,675Net Income 2022: $15,6522022Revenue 2023: $455,938Expenses 2023: $340,921Net Income 2023: $115,0172023Revenue 2024: $275,799Expenses 2024: $386,016Net Income 2024: -$110,2172024

Highlighted filing

2016

Revenue$304,608
Expenses$361,555
Net Income-$56,947
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$315,617
Mission and Program Overview

Mission

Atlantic university provides a distance education learning environment that integrates body, mind and spirit to help people achieve higher human potential and transform their lives, better understand their relationship to all life, and be of profound services to others. The curriculum draws from the best of the humanities, social and natural sciences, psychology and religious and spiritual tranditions, to form a distinguished and relevant course of scholarship in the field of transformative theories and practices.

Atlantic university provides a distance education learning environment that integrates body, mind and spirit to help people achieve higher human potential and transform their lives, better understand their relationship to all life, and be of profound service to others. The curriculum draws from the best of the humanities, social and natural sciences, psychology and religious and spiritual tranditions, to form a distinguished and relevant course of scholarship in the field of transformative theories and practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$299,778$316,637▲ $16,859
Accounts Receivable$32,655$34,971▲ $2,316
Intangible Assets-$17,777-
Cash and Non-Interest-Bearing Accounts$20,603$12,826▼ $7,777
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$362,970$388,601▲ $25,631
Other Assets Total$9,934$6,390▼ $3,544
Liabilities
Other Liabilities$205,993$239,748▲ $33,755
Deferred Revenue$53,429$93,494▲ $40,065
Total Liabilities$259,422$333,242▲ $73,820
Net Assets / Fund Balance
Permanently Rstr Net Assets$59,000$65,390▲ $6,390
Temporarily Rstr Net Assets$22,027$15,333▼ $6,694
Unrestricted Net Assets$22,521$-25,364▼ $47,885
Total Net Assets Fund Balance$103,548$55,359▼ $48,189
Total Liabilities and Net Assets / Fund Balance$362,970$388,601▲ $25,631

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$22,194-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$299,778$16,337▲ $19,860$13,000$322,479
2015$315,202-▼ $71$14,500$299,778
2014$288,495$24,000▲ $16,599$12,700$315,202
2013$247,500$12,500▲ $29,505-$288,495
2012$238,082-▲ $20,022$9,632$247,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin TodeschiExecutive Director/CEO--$148,136$148,136
James Van AukenDirector of Atlantic UniversityFT$62,997$20,292$83,289

Board Members and Trustees

NameTitle
William AustinTrustee, Board Chair
Betsy YorkTrustee
Claire LevyTrustee
Dan DemarTrustee
Don CarrollTrustee
Judy KnuevenTrustee
Lora LittleTrustee
Lou UmsheidTrustee
Martha LovelandTrustee
Pat BishopTrustee
Paul MazzaTrustee
William BrownTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$48,038
Program Service Revenue
$245,402
Investment Income
$11,168
Other Revenue
$0
All Other Contributions
$48,038
Change in Net Assets
$-56,947

Audited Revenue Reconciliation

Revenue per Audited Statements
$304,608
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,758
Total Revenue per Audited Statements
$313,366
Total Revenue per Form 990
$304,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$185,777
Other Expenses$175,778
Total Fundraising Expense$18,577
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$100,875--$100,875
Other Salaries and Wages$61,700$17,629$8,814$88,143
Current Officers, Directors, Trustees, and Key Employees$58,303$16,658$8,329$83,290
Conferences and Meetings$27,416--$27,416
Advertising$24,896--$24,896
Payroll Taxes$10,041$2,869$1,434$14,344
Office Expenses$2,234--$2,234
Travel$1,400--$1,400
Other Expenses$476--$476
All Other Expenses$154--$154
Total Functional Expenses$305,822$37,156$18,577$361,555

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$361,555
Total Expenses per Audited Statements$361,555
Total Expenses per Form 990$361,555
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to A.r.e.$233,007
Accrued Wages$3,456
Accrued Vacation Payable$2,872
Accrued Payroll Tax$413
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

James van auken is the son of john van auken, a director of association for research and enlightenment.

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

The form 990 tax return was made available on the board of trustee's website. Each board member received a personal e-mail notification that the tax return was available for viewing.

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

A.r.e.'s board governance process requires all board of trustees members to complete a conflict of interest statement annually.

Form 990, Part VI, Section B, Line 15

All personnel salaries are based on wage area guidelines. Ceo compensation is established within guidelines per charity navigator.

Form 990, Part VI, Section C, Line 19

All information is available upon request. The 990 filing is also readily available in the a.r.e. Library. The 990 returns are also posted on guidestar, nonprofit website.

Filing and Contact Details

Filer

Filer Name
Atlantic University
EIN
54-0784341
Phone
7576318101
Address
215 67TH STREET, VIRGINIA BEACH, VA 23451

Signing Officer

Name
Kevin Todeschi
Title
Executive Director/CEO
Phone
7576318101
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Todeschi
Formed
1930
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
6
Volunteers
16

Preparer

Firm
Pbmares Llp
Address
150 BOUSH STREET SUITE 400, NORFOLK, VA 23510
Preparer
Melissa H Tucker
Phone
7576274644
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The major accomplishments of atlantic university, not reflected in the numbers includes the formal name change of the master of arts in transpersonal studies program to a master of arts in transpersonal psychology, and the name change of the master of arts in leadership studies to a master of arts in mindful leadership. Additionally, the university now has a new professionally designed website with accompanying program themed digital and print advertisements.

Form 990, Part IX, Line 11G

Payroll services : program service expenses 1,652. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,652. Contracted services : program service expenses 99,223. Management and general expenses 0. Fundraising expenses 0. Total expenses 99,223.

Part XI, Line 2C

The finance committee of the board is responsible for the oversight of the audit and the selection of the independent accountant. In june of each year, the finance committee listens to a report on the audit. The board then listens to the recommendation of management and votes on a motion to engage, or dis-engage the auditors based on proposal fees, number of years engaged, etc.

Form 990, Part V, Q 7G and 7H

Questions 7g and 7h do not apply to the organization because the organization did not have contributions of qualified intellectual property or contributions of cars, boats, airplanes or other vehicles during the year.

Financial Statement Notes

PART V, LINE 4:

Quasi-endowment funds are funds set aside of which earnings and/or principal are to be used for board-designated purposes.

PART X, LINE 2:

A.r.e. And its affiliates, e.c.f. And a.u., are exempt from income taxes under section 501(c)(3) of the internal revenue code, except on net income, if any, resulting from unrelated business taxable income. Fasb asc topic 740, income taxes, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The organization's management has evaluated the impact of the standard to its consolidated financial statements. The organization's income tax returns are subject to examination by taxing authorities, generally for a period of three years from the date the returns are filed. The organization's policy is to classify income tax related interest and penalties in interest expense and other expenses, respectively.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE, BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF ATLANTIC UNIVERSITY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01930
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02970
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt013979
IRS990/GrossReceiptsAmt0315617
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/IntangibleAssetsGrp/EOYAmt017777
IRS990/InvestmentIncomeGrp/ExclusionAmt08198
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08198
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0299778
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0316637
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022194
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt022194
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011009
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ATLANTIC UNIVERSITY PROVIDES A DISTANCE EDUCATION LEARNING ENVIRONMENT THAT INTEGRATES BODY, MIND AND SPIRIT TO HELP PEOPLE ACHIEVE HIGHER HUMAN POTENTIAL AND TRANSFORM THEIR LIVES, BETTER UNDERSTAND THEIR RELATIONSHIP TO ALL LIFE, AND BE OF PROFOUND SERVICES TO OTHERS. THE CURRICULUM DRAWS FROM THE BEST OF THE HUMANITIES, SOCIAL AND NATURAL SCIENCES, PSYCHOLOGY AND RELIGIOUS AND SPIRITUAL TRADITIONS, TO FORM A DISTINGUISHED AND RELEVANT COURSE OF SCHOLARSHIP IN THE FIELD OF TRANSFORMATIVE THEORIES AND PRACTICES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0103548
IRS990/NetAssetsOrFundBalancesEOYAmt055359
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt02970
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02970
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08758
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02234
IRS990/OfficeExpensesGrp/TotalAmt02234
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09934
IRS990/OtherAssetsTotalGrp/EOYAmt06390
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LICENSES AND FEES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ProgramServicesAmt010497
IRS990/OtherExpensesGrp/ProgramServicesAmt16915
IRS990/OtherExpensesGrp/ProgramServicesAmt2915
IRS990/OtherExpensesGrp/ProgramServicesAmt3476
IRS990/OtherExpensesGrp/TotalAmt010497
IRS990/OtherExpensesGrp/TotalAmt16915
IRS990/OtherExpensesGrp/TotalAmt2915
IRS990/OtherExpensesGrp/TotalAmt3476
IRS990/OtherLiabilitiesGrp/BOYAmt0205993
IRS990/OtherLiabilitiesGrp/EOYAmt0239748
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08814
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017629
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt061700
IRS990/OtherSalariesAndWagesGrp/TotalAmt088143
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01434
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02869
IRS990/PayrollTaxesGrp/ProgramServicesAmt010041
IRS990/PayrollTaxesGrp/TotalAmt014344
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt059000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt065390
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEVIN TODESCHI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611310
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0238902
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0238902
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt044915
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021908
IRS990/PYOtherExpensesAmt0177102
IRS990/PYOtherRevenueAmt036520
IRS990/PYProgramServiceRevenueAmt0270458
IRS990/PYRevenuesLessExpensesAmt0-9279
IRS990/PYSalariesCompEmpBnftPaidAmt0205978
IRS990/PYTotalExpensesAmt0383080
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0373801
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-56947
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0248372
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/BoardDesignatedBalanceEOYPct00.79520
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0496
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0299778
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt016337
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0322479
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt019860
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt013000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0853
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0315202
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0299778
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-71
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt014500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01192
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0288495
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt024000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0315202
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016599
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt012700
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01010
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0247500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt012500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0288495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt029505
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0972
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0238082
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0247500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020022
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt09632
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022194
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt022194
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0361555
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt08758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03456
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1413
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3233007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED VACATION PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO A.R.E.
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.20140
IRS990ScheduleD/RevenueNotReportedAmt08758
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0304608
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0QUASI-ENDOWMENT FUNDS ARE FUNDS SET ASIDE OF WHICH EARNINGS AND/OR PRINCIPAL ARE TO BE USED FOR BOARD-DESIGNATED PURPOSES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1A.R.E. AND ITS AFFILIATES, E.C.F. AND A.U., ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME, IF ANY, RESULTING FROM UNRELATED BUSINESS TAXABLE INCOME. FASB ASC TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THE STANDARD TO ITS CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00340
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0361555
IRS990ScheduleD/TotalLiabilityAmt0239748
IRS990ScheduleD/TotalRevenuePerForm990Amt0304608
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0313366
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0361555
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

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.75$0.33$0.28$0.39$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.46$0.42$0.46$0.34$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.37$0.27$0.36$0.34$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.27$0.33$0.47$0.38$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.33$0.25$0.41$0.38$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.30$0.28$0.46$0.45$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.30$0.21$0.50$0.40$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.33$0.16$0.38$0.31$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.33$0.06$0.30$0.36$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.26$0.10$0.37$0.38$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.24$0.14$0.41$0.41$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.24$0.11$0.39$0.37$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.26$0.07$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.21$0.09$0.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.17$0.11$0.45