Civic Intelligence

Broadwater Academy

990 • Fiscal year 2018 • EIN 54-0799130

Jul 01, 2017 to Jun 30, 2018 • Filed on May 29, 2019

Organization ProfileWWW.BROADWATERACADEMY.ORG

View Organization Page

PO Box 546Exmore, VA 22350

(757) 442-9041

Siviq Scores

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

Liabilities / Assets

87th percentile

0.81x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

1.41x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

20th percentile

-7.6%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$104,037

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

49th percentile

3.4%

Faster revenue growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$5,490,774

Up $616,303 (+13%) from 2017

Net Assets

Up

$1,036,649

Up $86,672 (+9.1%) from 2017

Liabilities

Up

$4,454,125

Up $529,631 (+13%) from 2017

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin20th percentile

Revenue

Up

$3,165,673

Up $102,968 (+3.4%) from 2017

Expenses

Down

$3,407,180

Down $175,893 (-4.9%) from 2017

Net Income

Up

-$241,507

Up $278,861 (+54%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,067,958Liabilities 2011: $587,346Net Assets 2011: $4,480,6122011Assets 2012: $3,950,952Liabilities 2012: $1,137,652Net Assets 2012: $2,813,3002012Assets 2013: $3,903,030Liabilities 2013: $1,118,899Net Assets 2013: $2,784,1312013Assets 2014: $3,923,545Liabilities 2014: $1,337,404Net Assets 2014: $2,586,1412014Assets 2015: $3,669,333Liabilities 2015: $1,634,848Net Assets 2015: $2,034,4852015Assets 2016: $4,317,406Liabilities 2016: $2,647,010Net Assets 2016: $1,670,3962016Assets 2017: $4,874,471Liabilities 2017: $3,924,494Net Assets 2017: $949,9772017Assets 2018: $5,490,774Liabilities 2018: $4,454,125Net Assets 2018: $1,036,6492018Assets 2019: $5,065,272Liabilities 2019: $4,169,682Net Assets 2019: $895,5902019Assets 2020: $5,211,524Liabilities 2020: $4,741,484Net Assets 2020: $470,0402020Assets 2021: $5,201,579Liabilities 2021: $4,685,453Net Assets 2021: $516,1262021Assets 2022: $5,203,721Liabilities 2022: $4,281,390Net Assets 2022: $922,3312022Assets 2023: $4,710,472Liabilities 2023: $4,045,650Net Assets 2023: $664,8222023Assets 2024: $5,094,803Liabilities 2024: $4,434,443Net Assets 2024: $660,3602024Assets 2025: $4,270,205Liabilities 2025: $3,619,735Net Assets 2025: $650,4702025

Highlighted filing

2018

Assets$5,490,774
Liabilities$4,454,125
Net Assets$1,036,649
Open 2018 Filing

Operations Trend

Revenue Growth49th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,361,1942011Expenses 2012: $3,756,9612012Revenue 2013: $3,650,326Expenses 2013: $3,790,237Net Income 2013: -$139,9112013Revenue 2014: $3,640,409Expenses 2014: $3,918,524Net Income 2014: -$278,1152014Revenue 2015: $3,580,170Expenses 2015: $4,038,545Net Income 2015: -$458,3752015Revenue 2016: $3,553,524Expenses 2016: $3,917,613Net Income 2016: -$364,0892016Revenue 2017: $3,062,705Expenses 2017: $3,583,073Net Income 2017: -$520,3682017Revenue 2018: $3,165,673Expenses 2018: $3,407,180Net Income 2018: -$241,5072018Revenue 2019: $3,328,446Expenses 2019: $3,500,693Net Income 2019: -$172,2472019Revenue 2020: $2,894,053Expenses 2020: $3,154,892Net Income 2020: -$260,8392020Revenue 2021: $3,545,866Expenses 2021: $3,541,557Net Income 2021: $4,3092021Revenue 2022: $4,139,571Expenses 2022: $3,722,174Net Income 2022: $417,3972022Revenue 2023: $4,001,369Expenses 2023: $4,263,065Net Income 2023: -$261,6962023Revenue 2024: $4,438,307Expenses 2024: $4,447,475Net Income 2024: -$9,1682024Revenue 2025: $4,157,415Expenses 2025: $4,177,202Net Income 2025: -$19,7872025

Highlighted filing

2018

Revenue$3,165,673
Expenses$3,407,180
Net Income-$241,507
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 29, 2019
Return Version
2017v2.3
Gross Receipts
$3,585,779
Mission and Program Overview

Mission

Broadwater academy is an independent, non-profit institution that exists to provide an academic-based educational program and to provide non-academic programs which enhance and facilitate the development of students who are prepared to succeed in a college program and to contribute to a changing society upon graduation. The academy admits students of any race, color, national and ethnic origin who are all entitled to all the rights, priviledges, programs and activites generally accorded or made available to students at the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,403,754$2,719,308▲ $315,554
Cash and Non-Interest-Bearing Accounts$1,197,067$1,112,767▼ $84,300
Accounts Receivable$979,210$1,087,127▲ $107,917
Pledges and Grants Receivable$16,551$435,397▲ $418,846
Prepaid Expenses and Deferred Charges-$77,396-
Investments Other Securities-$58,779-
Investments in Publicly Traded Securities$56,833--
Total Assets$4,874,471$5,490,774▲ $616,303
Other Assets Total$221,056$0▼ $221,056
Liabilities
Deferred Revenue$2,449,137$2,470,860▲ $21,723
Other Liabilities$814,184$1,425,121▲ $610,937
Unsecured Notes Loans Payable$261,106$452,000▲ $190,894
Accounts Payable and Accrued Expenses$400,067$106,144▼ $293,923
Total Liabilities$3,924,494$4,454,125▲ $529,631
Net Assets / Fund Balance
Unrestricted Net Assets$482,216$767,576▲ $285,360
Temporarily Rstr Net Assets$345,002$146,314▼ $198,688
Permanently Rstr Net Assets$122,759$122,759→ $0
Total Net Assets Fund Balance$949,977$1,036,649▲ $86,672
Total Liabilities and Net Assets / Fund Balance$4,874,471$5,490,774▲ $616,303

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,411,558$3,691,380$6,102,938
Equipment$154,652$890,930$1,045,582
Land$153,098-$153,098
Other Land Buildings$0$101,188$101,188

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$56,833-▲ $6,318$6,318$56,833
2016$53,993-▲ $5,533-$56,833
2015$394,256-▼ $14,209$323,240$53,993
2014$401,677-▲ $11,815$16,530$394,256
2013$363,212-▲ $57,045$15,940$401,677
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer SaundersCFOFT$65,000$39,037$104,037
Joseph SpagnoloHead of SchoolFT$100,000-$100,000
Thomas MarshallDirector of DevelopmentFT$54,167$11,531$65,698

Board Members and Trustees

NameTitle
Robert C GustafasonChairman
Thomas R AndersonVice Chair
Danny VestalDirector
Edward a Ames IvDirector
Lee T StevensonDirector
Martha SutherlandDirector
Pamela TurnerDirector
Paul CustisDirector
Robert N Marsh JrDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$298,893
Program Service Revenue
$2,572,662
Investment Income
$26,344
Other Revenue
$267,774
All Other Contributions
$298,893
Change in Net Assets
$-241,507

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,165,673
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-35,976
Total Revenue per Audited Statements
$3,129,697
Total Revenue per Form 990
$3,165,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,387,805
Other Expenses$1,019,375
Total Fundraising Expense$104,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,421,508$534,340$48,124$2,003,972
Depreciation Depletion$221,335--$221,335
Other Employee Benefits$181,276$25,727$8,742$215,745
Occupancy$215,584--$215,584
Payroll Taxes$124,357$43,145$586$168,088
Office Expenses-$40,716-$40,716
Fees for Services Accounting-$36,624-$36,624
Insurance-$33,311-$33,311
Information Technology-$23,308-$23,308
Interest$22,502--$22,502
Fees for Services Other-$19,419-$19,419
Advertising$9,106$3,079$5,943$18,128
Fees for Services Legal-$7,996-$7,996
Other Expenses$335,179$4,313$40,960$4,313
Total Functional Expenses$2,530,847$771,978$104,355$3,407,180

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,407,180
Total Expenses per Form 990$3,407,180
Total Expenses per Audited Statements$3,391,842
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-15,338
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$707,799
Line of Credit$382,441
Accrued Salaries$278,595
Capital Lease$49,786
Other Current Liabilites$6,500
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Finance commitee members have the opportunity to review the tax return before filing”

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

“Each director or principal officer shall annually sign a statement which affirms such person 1) has received a copy of the conflicts of interest policy 2) has read and understands the policy 3) has agreed to comply with the policy 4) understands the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more if its tax-exempt purposes. The policy includes procedures that involve 1) a duty to disclose 2) determining whether a conflict of interest exists and 4) additional steps if violations of the conflicts of interest policy exist”

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

“It is the duty of the finance committee and board of directors to approve compensation for headmaster, ceo, and employees of the school”

Form 990, Part VI, Section C, Line 18

“Governing documents disclosure explain governing documents are available to the public upon request”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explain governing documents are available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Broadwater Academy
EIN
54-0799130
Phone
7574429041
Address
PO BOX 546, EXMORE, VA 22350

Signing Officer

Name
Jennifer Saunders
Title
CFO
Phone
7574429041
Signed
2019-05-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Saunders
Formed
1965
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
55
Volunteers
35

Preparer

Firm
Dixon Hughes Goodman Llp
Address
440 MONTICELLO AVE SUITE 1400, NORFOLK, VA 23510
Preparer
John F Mcdowell
Phone
7576245100
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Bad debt expense -15,338.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Bad debt expense -15,338.”

Raw XML AppendixShowing 400 of 548 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.

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IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt026344
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0446450
IRS990/GrossReceiptsAmt03585779
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt023308
IRS990/InformationTechnologyGrp/TotalAmt023308
IRS990/InsuranceGrp/ManagementAndGeneralAmt033311
IRS990/InsuranceGrp/TotalAmt033311
IRS990/InterestGrp/ProgramServicesAmt022502
IRS990/InterestGrp/TotalAmt022502
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt058779
IRS990/InvestmentsPubTradedSecGrp/BOYAmt056833
IRS990/IRPDocumentCnt055
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04683498
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02403754
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02719308
IRS990/LandBldgEquipCostOrOtherBssAmt07402806
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0420106
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BROADWATER ACADEMY IS AN INDEPENDENT, NON-PROFIT INSTITUTION THAT EXISTS TO PROVIDE AN ACADEMIC-BASED EDUCATIONAL PROGRAM AND TO PROVIDE NON-ACADEMIC PROGRAMS WHICH ENHANCE AND FACILITATE THE DEVELOPMENT OF STUDENTS WHO ARE PREPARED TO SUCCEED IN A COLLEGE PROGRAM AND TO CONTRIBUTE TO A CHANGING SOCIETY UPON GRADUATION. THE ACADEMY ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN WHO ARE ALL ENTITLED TO ALL THE RIGHTS, PRIVILEDGES, PROGRAMS AND ACTIVITES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0949977
IRS990/NetAssetsOrFundBalancesEOYAmt01036649
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt026344
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt026344
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-20637
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0215584
IRS990/OccupancyGrp/TotalAmt0215584
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040716
IRS990/OfficeExpensesGrp/TotalAmt040716
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0221056
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08742
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025727
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0181276
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0215745
IRS990/OtherExpensesGrp/Desc0OTHER PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc1DEVELOPMENT COSTS
IRS990/OtherExpensesGrp/Desc2LICENSES AND TAXES
IRS990/OtherExpensesGrp/FundraisingAmt040960
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04313
IRS990/OtherExpensesGrp/ProgramServicesAmt0335179
IRS990/OtherExpensesGrp/TotalAmt0335179
IRS990/OtherExpensesGrp/TotalAmt140960
IRS990/OtherExpensesGrp/TotalAmt24313
IRS990/OtherLiabilitiesGrp/BOYAmt0814184
IRS990/OtherLiabilitiesGrp/EOYAmt01425121
IRS990/OtherRevenueMiscGrp/BusinessCd0621110
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER STUDENT FEES
IRS990/OtherRevenueMiscGrp/Desc1BAD DEBTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0252436
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt115338
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0252436
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt115338
IRS990/OtherRevenueTotalAmt0267774
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt048124
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0534340
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01421508
IRS990/OtherSalariesAndWagesGrp/TotalAmt02003972
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0586
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt043145
IRS990/PayrollTaxesGrp/ProgramServicesAmt0124357
IRS990/PayrollTaxesGrp/TotalAmt0168088
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0122759
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0122759
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt016551
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0435397
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt077396
IRS990/PrincipalOfficerNm0JENNIFER SAUNDERS
IRS990/PriorPeriodAdjustmentsAmt0348816
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0NET TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02572662
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02572662
IRS990/ProgSrvcAccomActy2Grp/Desc0TUITION GRANTS AND FINANCIAL AND CREDITS ARE USED TO ASSIST STUDENTS IN ATTENDING THE ACADEMY WHEN THEY WOULD OTHERWISE NOT BE FINANCIALLY ABLE TO DO SO, APPROXIMATELY 192 DIRECTLY EACH YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0205732
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0239669
IRS990/PYContributionsGrantsAmt0203468
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01169657
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02859237
IRS990/PYRevenuesLessExpensesAmt0-520368
IRS990/PYSalariesCompEmpBnftPaidAmt02173747
IRS990/PYTotalExpensesAmt03583073
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03062705
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-241507
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02866780
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt02411558
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03691380
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06102938
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt056833
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt056833
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt06318
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt06318
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt02693
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt053993
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt056833
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05533
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02814
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0394256
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt053993
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-14209
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0323240
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt02706
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0401677
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0394256
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011815
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt016530
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02640
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0363212
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0401677
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt057045
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt015940
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0154652
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0890930
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01045582
IRS990ScheduleD/ExpensesNotReportedAmt0-15338
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03407180
IRS990ScheduleD/LandGrp/BookValueAmt0153098
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0153098
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-20638
IRS990ScheduleD/OtherExpensesIncludedAmt0-15338
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0101188
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0382441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1278595
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt349786
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4707799
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SALARIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER CURRENT LIABILITES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CAPITAL LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DUE TO
IRS990ScheduleD/OtherRevenueAmt0-15338
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/RevenueNotReportedAmt0-35976
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03165673
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BAD DEBT EXPENSE -15,338.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BAD DEBT EXPENSE -15,338.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02719308
IRS990ScheduleD/TotalExpensesPerForm990Amt03407180
IRS990ScheduleD/TotalLiabilityAmt01425121
IRS990ScheduleD/TotalRevenuePerForm990Amt03165673
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03129697
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03391842
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,490,774
Liabilities
$4,454,125
Net assets
$1,036,649
Revenue
$3,165,673
Expenses
$3,407,180
Net income
-$241,507
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.27$3.62$0.65$4.16$4.18$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$4.43$0.66$4.44$4.45$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.71$4.05$0.66$4.00$4.26$0.26
2022Detailed filing. Detailed filing data is available for this year.$5.20$4.28$0.92$4.14$3.72$0.42
2021Detailed filing. Detailed filing data is available for this year.$5.20$4.69$0.52$3.55$3.54$0.00
2020Detailed filing. Detailed filing data is available for this year.$5.21$4.74$0.47$2.89$3.15$0.26
2019Detailed filing. Detailed filing data is available for this year.$5.07$4.17$0.90$3.33$3.50$0.17
2018Detailed filing. Detailed filing data is available for this year.$5.49$4.45$1.04$3.17$3.41$0.24
2017Detailed filing. Detailed filing data is available for this year.$4.87$3.92$0.95$3.06$3.58$0.52
2016Detailed filing. Detailed filing data is available for this year.$4.32$2.65$1.67$3.55$3.92$0.36
2015Detailed filing. Detailed filing data is available for this year.$3.67$1.63$2.03$3.58$4.04$0.46
2014Detailed filing. Detailed filing data is available for this year.$3.92$1.34$2.59$3.64$3.92$0.28
2013Summary only. Only limited summary data is available for this year.$3.90$1.12$2.78$3.65$3.79$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$1.14$2.81$3.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.07$0.59$4.48$3.36