Civic Intelligence

Fredericksburg Academy

990 • Fiscal year 2016 • EIN 54-1568499

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 02, 2017

Organization ProfileWWW.FREDERICKSBURGACADEMY.ORG

View Organization Page

10800 Academy DriveFredericksburg, VA 22408

(540) 898-0020

Siviq Scores

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

Liabilities / Assets

86th percentile

0.81x

Higher debt load relative to assets than 86% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

1.57x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

21st percentile

-6.8%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

44th percentile

$157,815

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

25th percentile

-2.9%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-1.2%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$15,291,828

Down $458,639 (-2.9%) from 2015

Net Assets

Down

$2,840,209

Down $540,660 (-16%) from 2015

Liabilities

Up

$12,451,619

Up $82,021 (+0.7%) from 2015

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin21st percentile

Revenue

Down

$7,923,036

Down $96,278 (-1.2%) from 2015

Expenses

Up

$8,458,322

Up $135,842 (+1.6%) from 2015

Net Income

Down

-$535,286

Down $232,120 (-77%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $18,566,369Liabilities 2010: $12,874,415Net Assets 2010: $5,691,9542010Assets 2011: $18,676,501Liabilities 2011: $13,040,220Net Assets 2011: $5,636,2812011Assets 2012: $18,446,105Liabilities 2012: $12,925,265Net Assets 2012: $5,520,8402012Assets 2013: $17,297,929Liabilities 2013: $12,678,693Net Assets 2013: $4,619,2362013Assets 2014: $16,683,753Liabilities 2014: $12,977,157Net Assets 2014: $3,706,5962014Assets 2015: $15,750,467Liabilities 2015: $12,369,598Net Assets 2015: $3,380,8692015Assets 2016: $15,291,828Liabilities 2016: $12,451,619Net Assets 2016: $2,840,2092016Assets 2017: $14,643,383Liabilities 2017: $12,177,439Net Assets 2017: $2,465,9442017Assets 2018: $14,483,627Liabilities 2018: $10,416,525Net Assets 2018: $4,067,1022018Assets 2019: $14,593,423Liabilities 2019: $10,023,328Net Assets 2019: $4,570,0952019Assets 2020: $14,430,876Liabilities 2020: $8,960,659Net Assets 2020: $5,470,2172020Assets 2021: $15,430,035Liabilities 2021: $8,777,955Net Assets 2021: $6,652,0802021Assets 2022: $16,548,090Liabilities 2022: $9,671,313Net Assets 2022: $6,876,7772022Assets 2023: $17,036,474Liabilities 2023: $9,927,078Net Assets 2023: $7,109,3962023Assets 2024: $19,626,158Liabilities 2024: $10,251,066Net Assets 2024: $9,375,0922024

Highlighted filing

2016

Assets$15,291,828
Liabilities$12,451,619
Net Assets$2,840,209
Open 2016 Filing

Operations Trend

Revenue Growth36th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,460,3382010Expenses 2011: $7,646,6642011Expenses 2012: $7,994,4212012Revenue 2013: $7,196,500Expenses 2013: $8,107,940Net Income 2013: -$911,4402013Revenue 2014: $7,418,702Expenses 2014: $8,336,084Net Income 2014: -$917,3822014Revenue 2015: $8,019,314Expenses 2015: $8,322,480Net Income 2015: -$303,1662015Revenue 2016: $7,923,036Expenses 2016: $8,458,322Net Income 2016: -$535,2862016Revenue 2017: $8,177,698Expenses 2017: $8,552,569Net Income 2017: -$374,8712017Revenue 2018: $10,489,012Expenses 2018: $8,888,263Net Income 2018: $1,600,7492018Revenue 2019: $9,678,069Expenses 2019: $9,175,008Net Income 2019: $503,0612019Revenue 2020: $9,806,796Expenses 2020: $8,906,674Net Income 2020: $900,1222020Revenue 2021: $10,370,314Expenses 2021: $9,191,131Net Income 2021: $1,179,1832021Revenue 2022: $10,152,012Expenses 2022: $9,934,986Net Income 2022: $217,0262022Revenue 2023: $10,581,044Expenses 2023: $10,348,425Net Income 2023: $232,6192023Revenue 2024: $11,950,365Expenses 2024: $11,088,316Net Income 2024: $862,0492024

Highlighted filing

2016

Revenue$7,923,036
Expenses$8,458,322
Net Income-$535,286
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 2, 2017
Return Version
2015v3.0
Gross Receipts
$8,141,457
Mission and Program Overview

Mission

Fredericksburg academy provides a rigorous, college-preparatory education in a nurturing environment that challenges each student to achieve academic excellence, to think critically and independently, to communicate effectively, and to act honorably.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,038,768$14,562,266▼ $476,502
Cash and Non-Interest-Bearing Accounts$274,122$331,268▲ $57,146
Loans From Officers Directors$75,000$303,000▲ $228,000
Accounts Receivable$235,781$256,717▲ $20,936
Pledges and Grants Receivable$50,890$47,190▼ $3,700
Other Notes and Loans Receivable, Net$34,339$42,937▲ $8,598
Inventories for Sale or Use$41,021$33,827▼ $7,194
Savings and Temporary Cash Investments$70,170$17,623▼ $52,547
Intangible Assets$5,376--
Total Assets$15,750,467$15,291,828▼ $458,639
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,423,532$10,228,818▼ $194,714
Deferred Revenue$1,689,621$1,800,066▲ $110,445
Accounts Payable and Accrued Expenses$181,445$119,735▼ $61,710
Total Liabilities$12,369,598$12,451,619▲ $82,021
Net Assets / Fund Balance
Unrestricted Net Assets$2,889,209$2,372,103▼ $517,106
Temporarily Rstr Net Assets$491,660$468,106▼ $23,554
Total Net Assets Fund Balance$3,380,869$2,840,209▼ $540,660
Total Liabilities and Net Assets / Fund Balance$15,750,467$15,291,828▼ $458,639

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,098,417$5,959,775$15,058,192
Land$3,830,000-$3,830,000
Leasehold Improvements$1,350,244$1,120,333$2,470,577
Equipment$283,605$1,212,893$1,496,498
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen MoschettoEx-officio (head of SchoolFT$147,079$10,736$157,815

Board Members and Trustees

NameTitle
Stephen NorairPresident
Andrew Topps IvFirst Vice President
Bradley a ReppSecond Vice-president
Christopher HeinzTrustee
Janice GageTrustee
Jennifer DupuyTrustee
Joseph AmbergerTrustee
Joshua CooperTrustee
KAREN O'DONNELLTrustee
Linda WorrellTrustee
Mojtaba AzimipourTrustee
Richard G HarrisonTrustee
Sameer ShalabyTrustee
Thomas WackTrustee
Jacqueline J PayneSecretary
Charles SharplessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$560,118
Program Service Revenue
$7,257,937
Investment Income
$5,803
Other Revenue
$99,178
All Other Contributions
$556,801
Change in Net Assets
$-535,286

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7$130,890Fair Market Value
Total Noncash Contributions7$130,890-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,554,981
Revenue Not Reported on Financial Statements
$1,368,055
Revenue Not Reported on Form 990
$36,251
Other Revenue Adjustments
$1,368,055
Total Revenue per Audited Statements
$6,591,232
Total Revenue per Form 990
$7,923,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,678,109
Other Expenses$2,412,157
Grants and Similar Amounts Paid$1,368,056
Total Fundraising Expense$137,040
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,411,615$339,382$89,250$3,840,247
Grants to Domestic Individuals$1,368,056--$1,368,056
Depreciation Depletion$544,834$28,981$5,796$579,611
Interest$509,097--$509,097
Occupancy$365,004$9,062-$374,066
Other Employee Benefits$275,408$39,458$7,205$322,071
Payroll Taxes$260,989$25,169$6,828$292,986
Current Officers, Directors, Trustees, and Key Employees-$149,400-$149,400
All Other Expenses$60,718$26,160$11,117$97,995
Pension Plan Contributions$62,770$8,993$1,642$73,405
Office Expenses$62,107$1,331$760$64,198
Advertising$47,242--$47,242
Insurance$38,135$2,000$427$40,562
Other Expenses$31,815$3,700$14,015$35,515
Fees for Services Accounting-$22,410-$22,410
Fees for Services Other$1,231--$1,231
Total Functional Expenses$7,659,980$661,302$137,040$8,458,322

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,458,322
Total Expenses per Audited Statements$7,131,891
Expenses per Audited Statements$7,090,266
Expenses Not Reported on Financial Statements$1,368,056
Other Expense Adjustments$1,368,056
Expenses Not Reported on Form 990$41,625
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$140,803
Fundraising Direct Expenses$41,625
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$144,120$140,803$41,625$99,178
Total Events$144,120$140,803$41,625$99,178
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
Loans from Officers, Directors, Trustees, and Key Employees$75,000$303,000▲ $228,000
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 A, Line 2

“Two board members are related through a family relationship.”

Form 990, Part VI, Section B, Line 11

“The finance committee reviews the 990, then after discussion approves the return, recommending it to the full board. The committee chair presents the 990 to the full board for approval at their next meeting and answers questions. The board then votes to approve.”

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

“Enforcement of conflicts policy: at the first board meeting of the year, each director fills out and signs a disclosure statement. At the following trustee meeting any conflicts are discussed and recommendations made as per the policy.”

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

“Compensation process for top official: comparison statistics between market-nais, vais. Compensation determined based on experience, prior salary, history, and comparisons.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation: business office provides copies upon request.”

Filing and Contact Details

Filer

Filer Name
Fredericksburg Academy
EIN
54-1568499
Phone
5408980020
Address
10800 ACADEMY DRIVE, FREDERICKSBURG, VA 22408

Signing Officer

Name
Charles Sharpless
Title
Treasurer
Phone
5408980020
Signed
2017-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Sharpless
Formed
1992
Legal Domicile
Va
Voting Board Members
17
Independent Board Members
17
Employees
175
Volunteers
0

Preparer

Firm
Bishop Farmer & Co Llp
Address
1207 CHARLES STREET, FREDERICKSBURG, VA 22401
Preparer
Harry D Dickinson
Phone
5403738973
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The academy adopted the provisions of accounting standards regarding uncertainty in income tax positions; however, management does not believe it is exposed to any such positions as they are defined in the accounting standards. The academy files irs form 990, return of organization exempt from income tax annually.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct expense- auction 41,625.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial assistance netted against revenue in financial statements 1,368,055.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct expense- auction 41,625.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Financial assistance netted against revenue in financial statements 1,368,056.”

Raw XML AppendixShowing 400 of 609 raw XML fields

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IRS990/ActivityOrMissionDesc0FREDERICKSBURG ACADEMY PROVIDES A RIGOROUS, COLLEGE-PREPARATORY EDUCATION IN A NURTURING ENVIRONMENT THAT CHALLENGES EACH STUDENT TO ACHIEVE ACADEMIC EXCELLENCE, TO THINK CRITICALLY AND INDEPENDENTLY, TO COMMUNICATE EFFECTIVELY, AND TO ACT HONORABLY.
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IRS990/Desc0THE SCHOOL HAS THREE DIVISIONS: LOWER SCHOOL, WHICH INCLUDES THE EARLY CHILDHOOD PROGRAM THROUGH FIFTH GRADE; MIDDLE SCHOOL, GRADES SIX THROUGH EIGHT; UPPER SCHOOL, GRADES NINE THROUGH TWELVE. LOWER SCHOOL ACCOMPLISHMENTS INCLUDE CROSS-GRADE-LEVEL CONNECTIONS AND MENTORSHIP OPPORTUNITIES, FOREIGN LANGUAGE INSTRUCTION FOR ALL STUDENTS, CHARACTER EDUCATION, MULTIPLE OPPORTUNITIES TO SPEAK PUBLICLY AND PERFORM ON STAGE, THE INTRODUCTION OF A DIGITAL PORTFOLIO, AN IPAD PROGRAM, ANDEXTRACURRICULAR OPPORTUNITIES SUCH AS JUNIOR MASTER GARDENERS, INTERNATIONAL CLUB, AND RUNNING CLUB. MIDDLE SCHOOL ACCOMPLISHMENTS INCLUDE MULTIPLE OPPORTUNITIES FOR ELECTED STUDENT LEADERSHIP, A HANDS-ON FOCUS ON SUSTAINABILITY IN SCIENCE CURRICULUM, EMPHASIS ON SERVICE AND GLOBAL CITIZENSHIP ACROSS THE CURRICULUM, THE GLOBAL EXPLORERS PROGRAM, MEANINGFUL OFF-CAMPUS EXPERIENCES, INTERSCHOLASTIC ATHLETICS, A THRIVING FINE ARTS PROGRAM, AND A FACULTY ADVISORY PROGRAM. UPPER SCHOOL ACCOMPLISHMENTS INCLUDE THE 1:1 LAPTOP PROGRAM AND INTEGRATION OF INSTRUCTIONAL TECHNOLOGY ACROSS THE CURRICULUM, THE SENIOR EXHIBIT INDEPENDENT- STUDY EXPERIENCE, INDIVIDUALIZED COLLEGE COUNSELING, A FACULTY ADVISORY PROGRAM, THRIVING PROGRAMS IN THE ARTS AND SCHOLASTIC JOURNALISM, INTERSCHOLASTIC ATHLETICS, EMPHASIS ON EFFECTIVE WRITTEN AND ORAL COMMUNICATION, AND AUTHENTIC LEADERSHIP BY THE STUDENT GOVERNMENT, HONOR COUNCIL, AND DISCIPLINE COMMITTEE.
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IRS990/Form990PartVIISectionAGrp/PersonNm14BRADLEY A REPP
IRS990/Form990PartVIISectionAGrp/PersonNm15JACQUELINE J PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm16KAREN MOSCHETTO
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
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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/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECOND VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX-OFFICIO (HEAD OF SCHOOL
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InsuranceGrp/ManagementAndGeneralAmt02000
IRS990/InsuranceGrp/ProgramServicesAmt038135
IRS990/InsuranceGrp/TotalAmt040562
IRS990/IntangibleAssetsGrp/BOYAmt05376
IRS990/InterestGrp/ProgramServicesAmt0509097
IRS990/InterestGrp/TotalAmt0509097
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt014562266
IRS990/LandBldgEquipCostOrOtherBssAmt022855267
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0325
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0176471
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt075000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0303000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FREDERICKSBURG ACADEMY PROVIDES A RIGOROUS, COLLEGE-PREPARATORY EDUCATION IN A NURTURING ENVIRONMENT THAT CHALLENGES EACH STUDENT TO ACHIEVE ACADEMIC EXCELLENCE, TO THINK CRITICALLY AND INDEPENDENTLY, TO COMMUNICATE EFFECTIVELY, AND TO ACT HONORABLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt010423532
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010228818
IRS990/NetAssetsOrFundBalancesBOYAmt03380869
IRS990/NetAssetsOrFundBalancesEOYAmt02840209
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05113
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-325
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04788
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt099178
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt099178
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-5374
IRS990/NoncashContributionsAmt0130524
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09062
IRS990/OccupancyGrp/ProgramServicesAmt0365004
IRS990/OccupancyGrp/TotalAmt0374066
IRS990/OfficeExpensesGrp/FundraisingAmt0760
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01331
IRS990/OfficeExpensesGrp/ProgramServicesAmt062107
IRS990/OfficeExpensesGrp/TotalAmt064198
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07205
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt039458
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0275408
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0322071
IRS990/OtherExpensesGrp/Desc0TUITION REMISSION
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL EXPENSE
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENT
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt014015
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05256
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13700
IRS990/OtherExpensesGrp/ProgramServicesAmt0347868
IRS990/OtherExpensesGrp/ProgramServicesAmt1214334
IRS990/OtherExpensesGrp/ProgramServicesAmt258757
IRS990/OtherExpensesGrp/ProgramServicesAmt331815
IRS990/OtherExpensesGrp/TotalAmt0347868
IRS990/OtherExpensesGrp/TotalAmt1214334
IRS990/OtherExpensesGrp/TotalAmt278028
IRS990/OtherExpensesGrp/TotalAmt335515
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt089250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0339382
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03411615
IRS990/OtherSalariesAndWagesGrp/TotalAmt03840247
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt042937
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06828
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025169
IRS990/PayrollTaxesGrp/ProgramServicesAmt0260989
IRS990/PayrollTaxesGrp/TotalAmt0292986
IRS990/PensionPlanContributionsGrp/FundraisingAmt01642
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08993
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt062770
IRS990/PensionPlanContributionsGrp/TotalAmt073405
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt050890
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt047190
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES SHARPLESS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/Desc0GROSS TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER AND OTHER PROGR
IRS990/ProgramServiceRevenueGrp/Desc2AUXILIARY PROGRAMS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1241331
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1241331
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2103101
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IRS990/PYOtherRevenueAmt087084
IRS990/PYProgramServiceRevenueAmt06983799
IRS990/PYRevenuesLessExpensesAmt0-303166
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IRS990/PYTotalExpensesAmt08322480
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08019314
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01368056
IRS990ScheduleD/ExpensesSubtotalAmt07090266
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Document Assets

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Filings

Displayed year

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

Open filing
Assets
$15,291,828
Liabilities
$12,451,619
Net assets
$2,840,209
Revenue
$7,923,036
Expenses
$8,458,322
Net income
-$535,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.6$10.3$9.38$12.0$11.1$0.86
2023Detailed filing. Detailed filing data is available for this year.$17.0$9.93$7.11$10.6$10.3$0.23
2022Detailed filing. Detailed filing data is available for this year.$16.5$9.67$6.88$10.2$9.93$0.22
2021Detailed filing. Detailed filing data is available for this year.$15.4$8.78$6.65$10.4$9.19$1.18
2020Detailed filing. Detailed filing data is available for this year.$14.4$8.96$5.47$9.81$8.91$0.90
2019Detailed filing. Detailed filing data is available for this year.$14.6$10.0$4.57$9.68$9.18$0.50
2018Detailed filing. Detailed filing data is available for this year.$14.5$10.4$4.07$10.5$8.89$1.60
2017Detailed filing. Detailed filing data is available for this year.$14.6$12.2$2.47$8.18$8.55$0.37
2016Detailed filing. Detailed filing data is available for this year.$15.3$12.5$2.84$7.92$8.46$0.54
2015Detailed filing. Detailed filing data is available for this year.$15.8$12.4$3.38$8.02$8.32$0.30
2014Detailed filing. Detailed filing data is available for this year.$16.7$13.0$3.71$7.42$8.34$0.92
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$12.7$4.62$7.20$8.11$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.4$12.9$5.52$7.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$13.0$5.64$7.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$12.9$5.69$8.46