Civic Intelligence

Middleburg Academy Inc

990 • Fiscal year 2014 • EIN 54-1708655

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 10, 2015

Organization ProfileWWW.MIDDLEBURGACADEMY.ORG

View Organization Page

35321 Notre Dame LaneAlliance, OH 20117

(540) 687-5581

Siviq Scores

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

Liabilities / Assets

97th percentile

1.62x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

1.66x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$244,451

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

18th percentile

-13%

Faster revenue growth than 18% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$3,580,185

Up $544,983 (+18%) from 2013

Net Assets

Down

-$2,230,194

Down $278,397 (-14%) from 2013

Liabilities

Up

$5,810,379

Up $823,380 (+17%) from 2013

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin19th percentile

Revenue

Down

$3,491,435

Down $525,573 (-13%) from 2013

Expenses

Down

$3,867,730

Down $170,820 (-4.2%) from 2013

Net Income

Down

-$376,295

Down $354,753 (-1647%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$10M$5.0M$0-$5.0MAssets 2011: $3,385,804Liabilities 2011: $5,313,178Net Assets 2011: -$1,927,3742011Assets 2012: $3,187,548Liabilities 2012: $5,193,910Net Assets 2012: -$2,006,3622012Assets 2013: $3,035,202Liabilities 2013: $4,986,999Net Assets 2013: -$1,951,7972013Assets 2014: $3,580,185Liabilities 2014: $5,810,379Net Assets 2014: -$2,230,1942014Assets 2015: $3,479,356Liabilities 2015: $5,676,252Net Assets 2015: -$2,196,8962015Assets 2016: $3,247,744Liabilities 2016: $5,797,867Net Assets 2016: -$2,550,1232016Assets 2017: $4,239,378Liabilities 2017: $5,891,105Net Assets 2017: -$1,651,7272017Assets 2018: $4,601,290Liabilities 2018: $6,315,846Net Assets 2018: -$1,714,5562018Assets 2019: $4,490,788Liabilities 2019: $6,143,620Net Assets 2019: -$1,652,8322019Assets 2020: $3,417,130Liabilities 2020: $5,675,784Net Assets 2020: -$2,258,6542020Assets 2021: $2,397,449Liabilities 2021: $5,063,574Net Assets 2021: -$2,666,1252021Assets 2022: $327,479Liabilities 2022: $285,495Net Assets 2022: $41,9842022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2014

Assets$3,580,185
Liabilities$5,810,379
Net Assets-$2,230,194
Open 2014 Filing

Operations Trend

Revenue Growth18th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,345,538Expenses 2011: $4,548,746Net Income 2011: -$203,2082011Expenses 2012: $4,218,3712012Revenue 2013: $4,017,008Expenses 2013: $4,038,550Net Income 2013: -$21,5422013Revenue 2014: $3,491,435Expenses 2014: $3,867,730Net Income 2014: -$376,2952014Revenue 2015: $3,486,789Expenses 2015: $3,424,165Net Income 2015: $62,6242015Revenue 2016: $3,391,145Expenses 2016: $3,718,065Net Income 2016: -$326,9202016Revenue 2017: $4,828,602Expenses 2017: $3,984,361Net Income 2017: $844,2412017Revenue 2018: $3,903,614Expenses 2018: $3,927,810Net Income 2018: -$24,1962018Revenue 2019: $3,837,783Expenses 2019: $3,747,113Net Income 2019: $90,6702019Revenue 2020: $3,586,847Expenses 2020: $3,868,958Net Income 2020: -$282,1112020Revenue 2021: $393,777Expenses 2021: $801,248Net Income 2021: -$407,4712021Revenue 2022: $3,125,207Expenses 2022: $317,099Net Income 2022: $2,808,1082022Revenue 2023: $810Expenses 2023: $42,794Net Income 2023: -$41,9842023

Highlighted filing

2014

Revenue$3,491,435
Expenses$3,867,730
Net Income-$376,295
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 10, 2015
Return Version
2013v4.0
Gross Receipts
$3,524,919
Mission and Program Overview

Mission

Middleburg academy inspires students to excellence in academics, the arts, and athletics. We are a dynamic community of students, faculty and staff, parents, and alumni dedicated to lifelong learning, service to others, spirtual growth, and the success of each student. Our school strives to develop young men and women of moral integrity who will be responsible leaders and citizens in a diverse and ever-changing world.

Middleburg academy inspires students to excellence in academics, the arts, and athletics. We are a dynamic community of students, faculty and staff,board of trustees, parents, and alumni dedicated to lifelong learning, service to others, spirtual growth, and the success of each student. Our school strives to develop young men and women of moral integrity who will be responsible leaders and citizens in a diverse and ever-changing world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$2,690,000$3,040,000▲ $350,000
Land, Buildings, and Equipment, Net$1,903,843$1,943,131▲ $39,288
Investments in Publicly Traded Securities$617,616$735,537▲ $117,921
Savings and Temporary Cash Investments$413,824$724,792▲ $310,968
Accounts Receivable$64,021$115,427▲ $51,406
Pledges and Grants Receivable$11,451$25,924▲ $14,473
Prepaid Expenses and Deferred Charges$14,447$25,374▲ $10,927
Total Assets$3,035,202$3,580,185▲ $544,983
Other Assets Total$10,000$10,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,179,985$1,104,173▼ $75,812
Deferred Revenue$226,516$674,381▲ $447,865
Other Liabilities$621,335$640,495▲ $19,160
Accounts Payable and Accrued Expenses$269,163$351,330▲ $82,167
Total Liabilities$4,986,999$5,810,379▲ $823,380
Net Assets / Fund Balance
Permanently Rstr Net Assets$458,325$448,325▼ $10,000
Temporarily Rstr Net Assets$287,398$333,542▲ $46,144
Unrestricted Net Assets$-2,697,520$-3,012,061▼ $314,541
Total Net Assets Fund Balance$-1,951,797$-2,230,194▼ $278,397
Total Liabilities and Net Assets / Fund Balance$3,035,202$3,580,185▲ $544,983

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,210,556$1,074,186-
Other Land Buildings$91,809$207,463-
Land$442,629--
Equipment$198,137$768,742-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$585,149-▲ $38,525$31,500$592,174
2012$598,236-▲ $15,892$28,979$585,149
2011$587,849$23,325▲ $5,062$18,000$598,236
2010$471,048$10,000▲ $112,801$6,000$587,849
2009$456,562$100▲ $58,239$43,853$471,048
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr Colley W Bell IiiHead of SchoolFT$175,000$69,451$244,451

Board Members and Trustees

NameTitle
Mr Michael HooverChairman of the Board
Mrs Margaret ManganoVice Chairperson
Mr Jeffrey StaplesTrustee
Mr John G LathropTrustee
Mr Joseph SwiatekTrustee
Mr Kevin CallananTrustee
Ms Lynn DimoffTrustee
Mrs Geraldine Anne PorterSecretary
Mr John ZugschwertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$391,272
Program Service Revenue
$2,957,864
Investment Income
$43,438
Other Revenue
$98,861
All Other Contributions
$239,497
Change in Net Assets
$-376,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,788,673
Revenue Not Reported on Financial Statements
$702,762
Revenue Not Reported on Form 990
$97,898
Other Revenue Adjustments
$702,762
Total Revenue per Audited Statements
$2,886,571
Total Revenue per Form 990
$3,491,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,952,652
Other Expenses$1,194,379
Grants and Similar Amounts Paid$720,699
Total Fundraising Expense$51,085
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,289,710$173,419$33,170$1,496,299
Grants to Domestic Individuals$720,699--$720,699
Occupancy$79,727$214,908-$294,635
Interest$1,388$214,483-$215,871
Current Officers, Directors, Trustees, and Key Employees$150,837$20,283$3,880$175,000
Other Employee Benefits$116,281$29,181$5,685$151,147
Depreciation Depletion$37,682$113,046-$150,728
Payroll Taxes$106,015$14,686$2,831$123,532
Information Technology$57,098$15,835$2,644$75,577
Office Expenses$26,380$17,421$1,855$45,656
Other Expenses$31,900$12,981-$31,900
Advertising$26,693--$26,693
Insurance$11,967$8,805$157$20,929
Fees for Services Accounting-$18,573-$18,573
Fees for Services Legal-$18,297-$18,297
All Other Expenses$16,775--$16,775
Conferences and Meetings$9,934$2,579$144$12,657
Travel$5,924$2,945$577$9,446
Pension Plan Contributions$5,378$1,154$142$6,674
Fees for Services Other-$2,000-$2,000
Total Functional Expenses$2,936,049$880,596$51,085$3,867,730

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,867,730
Total Expenses per Audited Statements$3,164,968
Expenses per Audited Statements$3,147,031
Expenses Not Reported on Financial Statements$720,699
Other Expense Adjustments$720,699
Expenses Not Reported on Form 990$17,937
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,937
Fundraising Gross Income$11,250
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$163,025$11,250$3,538$7,712
Total Events$163,025$11,250$17,937$-6,687
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$2,690,000$3,040,000▲ $350,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances - Conditional Gifts$640,495
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
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

“One trustee was also trustee of the frank mangano foundation during the year ended june 30, 2013.”

Form 990, Part VI, Section B, Line 11

“The return preparer emails a copy of the return to the head of school for review. After the head of school reviews the return it is sent to the board of trustees for review.”

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

“A code of ethics form is signed annually by trustees that includes a conflict of interest statement.”

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

“Use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

EIN
54-1708655
Phone
5406875581

Signing Officer

Name
Colley W Bell Iii
Title
Head of School
Phone
5406875581
Signed
2015-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colley W Bell Iii
Formed
1994
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
69
Volunteers
50

Preparer

Preparer
Marcie E Curry
Phone
3308212150
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The school's endowment consists of five endowment funds established mainly to provide for scholarships for students.”

PART X, LINE 2:

“The internal revenue service has determined that the school is exempt from federal income tax under section 501(c)(3) of the internal revenue code. The school will be taxed only to the extent it has taxable trade or business income unrelated to its exempt purpose.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Financial aid 720,699. Direct fundraising expense -17,937.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising expense 17,937.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“FINANCIAL AID 720,699.”

Raw XML AppendixShowing 400 of 634 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/ActivityOrMissionDesc0MIDDLEBURG ACADEMY INSPIRES STUDENTS TO EXCELLENCE IN ACADEMICS, THE ARTS, AND ATHLETICS. WE ARE A DYNAMIC COMMUNITY OF STUDENTS, FACULTY AND STAFF,BOARD OF TRUSTEES, PARENTS, AND ALUMNI DEDICATED TO LIFELONG LEARNING, SERVICE TO OTHERS, SPIRTUAL GROWTH, AND THE SUCCESS OF EACH STUDENT. OUR SCHOOL STRIVES TO DEVELOP YOUNG MEN AND WOMEN OF MORAL INTEGRITY WHO WILL BE RESPONSIBLE LEADERS AND CITIZENS IN A DIVERSE AND EVER-CHANGING WORLD.
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IRS990/Form990PartVIISectionAGrp/PersonNm3MR JOHN ZUGSCHWERT
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IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9HEAD OF SCHOOL
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IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0720699
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0720699
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt019504
IRS990/GrossReceiptsAmt03524919
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02644
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt015835
IRS990/InformationTechnologyGrp/ProgramServicesAmt057098
IRS990/InformationTechnologyGrp/TotalAmt075577
IRS990/InsuranceGrp/FundraisingAmt0157
IRS990/InsuranceGrp/ManagementAndGeneralAmt08805
IRS990/InsuranceGrp/ProgramServicesAmt011967
IRS990/InsuranceGrp/TotalAmt020929
IRS990/InterestGrp/ManagementAndGeneralAmt0214483
IRS990/InterestGrp/ProgramServicesAmt01388
IRS990/InterestGrp/TotalAmt0215871
IRS990/InvestmentIncomeGrp/ExclusionAmt039481
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039481
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0617616
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0735537
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02050391
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01903843
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01943131
IRS990/LandBldgEquipCostOrOtherBssAmt03993522
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt015547
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt02690000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt03040000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MIDDLEBURG ACADEMY INSPIRES STUDENTS TO EXCELLENCE IN ACADEMICS, THE ARTS, AND ATHLETICS. WE ARE A DYNAMIC COMMUNITY OF STUDENTS, FACULTY AND STAFF, PARENTS, AND ALUMNI DEDICATED TO LIFELONG LEARNING, SERVICE TO OTHERS, SPIRTUAL GROWTH, AND THE SUCCESS OF EACH STUDENT. OUR SCHOOL STRIVES TO DEVELOP YOUNG MEN AND WOMEN OF MORAL INTEGRITY WHO WILL BE RESPONSIBLE LEADERS AND CITIZENS IN A DIVERSE AND EVER-CHANGING WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01179985
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01104173
IRS990/NetAssetsOrFundBalancesBOYAmt0-1951797
IRS990/NetAssetsOrFundBalancesEOYAmt0-2230194
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03957
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03957
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-6687
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-6687
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt094237
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0214908
IRS990/OccupancyGrp/ProgramServicesAmt079727
IRS990/OccupancyGrp/TotalAmt0294635
IRS990/OfficeExpensesGrp/FundraisingAmt01855
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017421
IRS990/OfficeExpensesGrp/ProgramServicesAmt026380
IRS990/OfficeExpensesGrp/TotalAmt045656
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010000
IRS990/OtherAssetsTotalGrp/EOYAmt010000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05685
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt029181
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0116281
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0151147
IRS990/OtherExpensesGrp/Desc0STUDENT PROGRAMS
IRS990/OtherExpensesGrp/Desc1BUS SERVICE
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012981
IRS990/OtherExpensesGrp/ProgramServicesAmt0131797
IRS990/OtherExpensesGrp/ProgramServicesAmt181720
IRS990/OtherExpensesGrp/ProgramServicesAmt228144
IRS990/OtherExpensesGrp/ProgramServicesAmt331900
IRS990/OtherExpensesGrp/TotalAmt0131797
IRS990/OtherExpensesGrp/TotalAmt181720
IRS990/OtherExpensesGrp/TotalAmt241125
IRS990/OtherExpensesGrp/TotalAmt331900
IRS990/OtherLiabilitiesGrp/BOYAmt0621335
IRS990/OtherLiabilitiesGrp/EOYAmt0640495
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1480000
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1BUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2FACILITY RENTAL INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt054578
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt133270
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt217700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054578
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt133270
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt217700
IRS990/OtherRevenueTotalAmt0105548
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt033170
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0173419
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01289710
IRS990/OtherSalariesAndWagesGrp/TotalAmt01496299
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02831
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014686
IRS990/PayrollTaxesGrp/ProgramServicesAmt0106015
IRS990/PayrollTaxesGrp/TotalAmt0123532
IRS990/PensionPlanContributionsGrp/FundraisingAmt0142
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01154
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05378
IRS990/PensionPlanContributionsGrp/TotalAmt06674
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0458325
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0448325
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt011451
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025924
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014447
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt025374
IRS990/PrincipalOfficerNm0COLLEY W BELL III
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02957864
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02957864
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0526243
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt021875
IRS990/PYOtherExpensesAmt02141759
IRS990/PYOtherRevenueAmt0196135
IRS990/PYProgramServiceRevenueAmt03272755
IRS990/PYRevenuesLessExpensesAmt0-21542
IRS990/PYSalariesCompEmpBnftPaidAmt01896791
IRS990/PYTotalExpensesAmt04038550
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04017008
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-376295
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03063412
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0413824
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0724792
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/BookValueAmt01210556
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01074186
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02284742
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0585149
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0592174
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt038525
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt031500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0598236
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0585149
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015892
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt028979
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0587849
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt023325
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0598236
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05062
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt018000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0471048
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0587849
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0112801
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt06000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0456562
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0471048
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058239
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt043853
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt03661
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0198137
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0768742
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0966879
IRS990ScheduleD/ExpensesNotReportedAmt017937
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0720699
IRS990ScheduleD/ExpensesSubtotalAmt03147031
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0442629
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0442629
IRS990ScheduleD/NetUnrealizedGainsInvstAmt094237
IRS990ScheduleD/OtherExpensesIncludedAmt017937
IRS990ScheduleD/OtherExpensesNotIncludedAmt0720699
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt091809
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0207463
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0299272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0640495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCES - CONDITIONAL GIFTS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0702762
IRS990ScheduleD/RevenueNotReportedAmt097898
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0702762
IRS990ScheduleD/RevenueSubtotalAmt02788673
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S ENDOWMENT CONSISTS OF FIVE ENDOWMENT FUNDS ESTABLISHED MAINLY TO PROVIDE FOR SCHOLARSHIPS FOR STUDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL WILL BE TAXED ONLY TO THE EXTENT IT HAS TAXABLE TRADE OR BUSINESS INCOME UNRELATED TO ITS EXEMPT PURPOSE.

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,580,185
Liabilities
$5,810,379
Net assets
-$2,230,194
Revenue
$3,491,435
Expenses
$3,867,730
Net income
-$376,295
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.33$0.29$0.04$3.13$0.32$2.81
2021Detailed filing. Detailed filing data is available for this year.$2.40$5.06$2.67$0.39$0.80$0.41
2020Detailed filing. Detailed filing data is available for this year.$3.42$5.68$2.26$3.59$3.87$0.28
2019Detailed filing. Detailed filing data is available for this year.$4.49$6.14$1.65$3.84$3.75$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.60$6.32$1.71$3.90$3.93$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.24$5.89$1.65$4.83$3.98$0.84
2016Detailed filing. Detailed filing data is available for this year.$3.25$5.80$2.55$3.39$3.72$0.33
2015Detailed filing. Detailed filing data is available for this year.$3.48$5.68$2.20$3.49$3.42$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.58$5.81$2.23$3.49$3.87$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$4.99$1.95$4.02$4.04$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$5.19$2.01$4.22
2011Summary only. Only limited summary data is available for this year.$3.39$5.31$1.93$4.35$4.55$0.20