Civic Intelligence

Christ School Inc.

990 • Fiscal year 2021 • EIN 56-0615187

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 01, 2021

500 Christ School RoadArden, NC 28704

(828) 684-6232

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.05x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Net Margin

64th percentile

16%

Higher net margin than 64% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

91st percentile

$480,421

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2021 filings • NTEE B • $25M-$50M nonprofits • Source year 2021

Asset Growth

61st percentile

12%

Faster asset growth than 61% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

36%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$48,746,458

Up $5,409,050 (+12%) from 2020

Net Assets

Up

$47,577,576

Up $6,599,114 (+16%) from 2020

Liabilities

Down

$1,168,882

Down $1,190,064 (-50%) from 2020

Revenue

Up

$22,195,450

Up $5,850,020 (+36%) from 2020

Expenses

Up

$18,548,269

Up $1,492,890 (+8.8%) from 2020

Net Income

Up

$3,647,181

Up $4,357,130 (+614%) from 2020

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $31,143,154Liabilities 2011: $1,839,693Net Assets 2011: $29,303,4612011Assets 2012: $32,955,245Liabilities 2012: $1,484,845Net Assets 2012: $31,470,4002012Assets 2013: $31,252,761Liabilities 2013: $1,493,135Net Assets 2013: $29,759,6262013Assets 2014: $36,896,004Liabilities 2014: $1,269,106Net Assets 2014: $35,626,8982014Assets 2015: $38,270,884Liabilities 2015: $1,105,922Net Assets 2015: $37,164,9622015Assets 2016: $40,391,583Liabilities 2016: $2,408,787Net Assets 2016: $37,982,7962016Assets 2017: $42,414,498Liabilities 2017: $1,701,867Net Assets 2017: $40,712,6312017Assets 2018: $42,672,650Liabilities 2018: $1,083,625Net Assets 2018: $41,589,0252018Assets 2019: $42,738,670Liabilities 2019: $973,849Net Assets 2019: $41,764,8212019Assets 2020: $43,337,408Liabilities 2020: $2,358,946Net Assets 2020: $40,978,4622020Assets 2021: $48,746,458Liabilities 2021: $1,168,882Net Assets 2021: $47,577,5762021Assets 2022: $45,623,697Liabilities 2022: $1,010,497Net Assets 2022: $44,613,2002022Assets 2023: $46,581,215Liabilities 2023: $2,559,677Net Assets 2023: $44,021,5382023Assets 2024: $47,645,599Liabilities 2024: $1,527,635Net Assets 2024: $46,117,9642024

Highlighted filing

2021

Assets$48,746,458
Liabilities$1,168,882
Net Assets$47,577,576

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $11,042,6522011Revenue 2012: $14,928,516Expenses 2012: $11,808,322Net Income 2012: $3,120,1942012Expenses 2013: $14,934,9692013Revenue 2014: $17,045,283Expenses 2014: $12,554,472Net Income 2014: $4,490,8112014Revenue 2015: $14,916,320Expenses 2015: $12,794,341Net Income 2015: $2,121,9792015Revenue 2016: $15,591,479Expenses 2016: $13,905,033Net Income 2016: $1,686,4462016Revenue 2017: $17,518,653Expenses 2017: $15,103,151Net Income 2017: $2,415,5022017Revenue 2018: $17,977,622Expenses 2018: $15,997,593Net Income 2018: $1,980,0292018Revenue 2019: $17,458,765Expenses 2019: $17,838,382Net Income 2019: -$379,6172019Revenue 2020: $16,345,430Expenses 2020: $17,055,379Net Income 2020: -$709,9492020Revenue 2021: $22,195,450Expenses 2021: $18,548,269Net Income 2021: $3,647,1812021Revenue 2022: $22,399,762Expenses 2022: $18,981,305Net Income 2022: $3,418,4572022Revenue 2023: $18,264,784Expenses 2023: $21,159,584Net Income 2023: -$2,894,8002023Revenue 2024: $21,630,669Expenses 2024: $22,394,115Net Income 2024: -$763,4462024

Highlighted filing

2021

Revenue$22,195,450
Expenses$18,548,269
Net Income$3,647,181
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$25,819,835
Mission and Program Overview

Mission

The mission of the school is to produce educated men of good character, prepared for both scholastic achievement in college and productive citizenship in adult society.

Christ school is a boys college preparatory school for both boarding and day students in grades 8-12. Open to students worldwide, its mission is to produce educated men of good character, prepared for both scholastic achievement in college and productive citizenship in adult society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,212,733$20,783,016▼ $429,717
Investments in Publicly Traded Securities$15,210,240$20,294,332▲ $5,084,092
Pledges and Grants Receivable$1,395,449$2,363,167▲ $967,718
Investments Other Securities$1,129,851$1,333,718▲ $203,867
Cash and Non-Interest-Bearing Accounts$1,196,817$359,102▼ $837,715
Accounts Receivable$113,374$183,140▲ $69,766
Prepaid Expenses and Deferred Charges$225,593$171,815▼ $53,778
Inventories for Sale or Use$117,451$117,401▼ $50
Other Notes and Loans Receivable, Net$87,112$83,594▼ $3,518
Total Assets$43,337,408$48,746,458▲ $5,409,050
Other Assets Total$2,648,788$3,057,173▲ $408,385
Liabilities
Deferred Revenue$2,041,746$759,687▼ $1,282,059
Escrow Account Liability$231,631$291,228▲ $59,597
Accounts Payable and Accrued Expenses$40,292$72,479▲ $32,187
Other Liabilities$45,277$45,488▲ $211
Total Liabilities$2,358,946$1,168,882▼ $1,190,064
Net Assets / Fund Balance
Net Assets With Donor Restrictions$18,022,617$24,059,412▲ $6,036,795
Net Assets Without Donor Restrictions$22,955,845$23,518,164▲ $562,319
Total Net Assets Fund Balance$40,978,462$47,577,576▲ $6,599,114
Total Liabilities and Net Assets / Fund Balance$43,337,408$48,746,458▲ $5,409,050

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,339,219$22,388,296$39,727,515
Other Land Buildings$2,897,482$2,107,519$5,005,001
Equipment$545,815$3,619,608$4,165,423
Land$500-$500
Other Assets Org$283,200--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$16,189,617$2,257,292▲ $3,611,563$784,762$21,273,710
2019$15,428,783$1,005,954▲ $426,558$671,678$16,189,617
2018$13,828,589$1,506,085▲ $720,662$626,553$15,428,783
2017$14,181,245$710,679▲ $938,576$2,001,911$13,828,589
2016$14,389,680$254,464▲ $1,439,150$1,902,049$14,181,245
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul KriegerHeadmasterFT$124,538$355,883$480,421
Dwight L PhillipsCFOFT$122,250$25,027$147,277
Katherine EllisDirector of AdvancementFT$126,647$19,932$146,579
Daniel ElmerDirector of Facilities/hrFT$107,898$18,057$125,955
Kirk BlackardDirector of College GuidanceFT$101,937$17,461$119,398

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Sage Dining ServicesFood Service1402 YORK RD, Lutherville, MD 21093$853,064
Jsl BuildingConstructionPO BOX 1792, Fairview, NC 28730$457,754
Sparkling Cleaning & Janitorial ServicesJanitorial ServicePO BOX 486, Arden, NC 28704$152,267
Revenue and Support

Revenue Composition

Contributions and Grants
$6,547,930
Program Service Revenue
$14,235,247
Investment Income
$1,395,617
Other Revenue
$16,656
All Other Contributions
$5,377,885
Change in Net Assets
$3,647,181

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded63$987,579Fair Market Value (FMV)
Total Noncash Contributions63$987,579-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,636,013
Revenue Not Reported on Financial Statements
$5,559,437
Revenue Not Reported on Form 990
$2,951,933
Other Revenue Adjustments
$5,416,692
Total Revenue per Audited Statements
$19,587,946
Total Revenue per Form 990
$22,195,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,102,987
Grants and Similar Amounts Paid$5,416,692
Other Expenses$5,028,590
Total Fundraising Expense$1,090,143
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,523,007$971,096$281,626$5,775,729
Grants to Domestic Individuals$5,416,692--$5,416,692
Depreciation Depletion$907,046$222,134$61,704$1,190,884
Occupancy$829,073$38,366$56,400$923,839
Current Officers, Directors, Trustees, and Key Employees$558,458-$262,804$821,262
Other Employee Benefits$550,603$50,820$28,795$630,218
Pension Plan Contributions$348,623$126,093$35,354$510,070
Office Expenses$42,572$245,998$206,555$495,125
All Other Expenses$17,192$254,189$114,177$385,558
Payroll Taxes$324,044$9,264$32,400$365,708
Fees for Services Other$51,295$159,938-$211,233
Insurance-$154,888-$154,888
Fees for Service Investment Mgmnt Fees-$142,745-$142,745
Travel$34,070$4,099$10,328$48,497
Fees for Services Accounting-$47,975-$47,975
Information Technology-$13,786-$13,786
Other Expenses$10,024--$10,024
Total Functional Expenses$15,016,735$2,441,391$1,090,143$18,548,269

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,548,269
Expenses per Audited Statements$12,988,832
Total Expenses per Audited Statements$12,988,832
Expenses Not Reported on Financial Statements$5,559,437
Other Expense Adjustments$5,416,692
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Elizabeth KriegerSpouse of Headmaster, Paul KriegerEmployment CompensationNo$35,781
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Trp$24,938
Deposit$20,550
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 35% controlled entity
No
Business relationship with family members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is reviewed by management. The public disclosure copy of form 990 is provided to the board prior to filing. The public disclosure copy is used to protect donor privacy.

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

The organization maintains a conflict of interest policy which requires board members to disclose potential conflicts on an annual basis. Board members are also required to disclose potential conflicts as they arise. In the event of a conflict, the individual will recuse themselves from voting on the matter.

Form 990, Part VI, Section B, Line 15

The board of directors has established a compensation committee. The committee utilizes comparable data and establishes the headmaster's compensation package. Compensation of other key employees is handled by the executive committee based on market comparables.

Form 990, Part VI, Section C, Line 18

The form 990 is available upon request. Additionally, recent filings of the form are available on www.guidestar.org.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Christ School Inc
EIN
56-0615187
Phone
8286846232
Address
500 CHRIST SCHOOL ROAD, ARDEN, NC 28704

Signing Officer

Name
Dwight L Phillips
Title
CFO
Phone
8286846232
Signed
2021-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Krieger
Formed
1907
Legal Domicile
Nc
Voting Board Members
23
Independent Board Members
23
Employees
154
Volunteers
0

Preparer

Firm
Cherry Bekaert Llp
Address
1111 METROPOLITAN AVE STE 900, CHARLOTTE, NC 28204
Preparer
Amanda Adams
Phone
7043771678
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of limited partnership 203,867. Change in interest in perpetual trust 346,902.

Financial Statement Notes

PART IV, LINE 2B:

In 2017, the school began to provide certain key employees the opportunity to defer current compensation under 457(b) and 457(f) plans. The school holds the deferred amounts, plus any earnings, for their benefit. Deferrals under the 457(b) plan are elective while deferrals under the 457(f) plan are funded by the school. Participants are required to commence benefit payments no earlier than 60 days following separation from service and no later than achieving the age of 70 or as otherwise limited by the plan documents. Total contributions to the plans were $40,000 and $59,000 for the years ended june 30, 2021 and 2020, respectively. The fair value of the plan assets totaled $283,200 and $223,200 as of june 30, 2021 and 2020, respectively, and are reflected as assets held for employees on the statements of financial position with an equal related liability presented as due to employees. The school's policy is to recognize the fair value of investment held by the plan and an offsetting liability until benefits are distributed, at which time the asset and liability are removed from the school's books.

PART V, LINE 4:

The school's endowment consists of approximately 47 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. The school has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets. These funds are used to achieve educational goals and meet budgetary needs. The percentage reported for permanent endowments includes amounts that must be maintained in perpetuity as well as accumulated earnings on such amounts that have not yet been appropriated for expenditure.

PART X, LINE 2:

The school is exempt from federal and state income taxation under section 501(c)(3) of the internal revenue code. However, income unrelated to its exempt function, if any, is subject to income taxation. Management believes that the school continues to satisfy the requirements of a tax-exempt organization and is not subject to tax. No provision for income taxes has been reflected in the accompanying financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of limited partnership 203,867. Change in interest in perpetual trust 346,902.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Financial aid expenses netted with revenue 5,416,692.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid expenses netted with revenue 5,416,692.

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IRS990/Desc0AS A COLLEGE PREPARATORY SCHOOL FOR NEARLY 300 BOYS IN GRADES 8-12, THE SCHOOL PREPARES ITS STUDENTS FOR SUCCESS AND ACHIEVEMENT IN LEADING COLLEGES IN THE UNITED STATES. CLASSES ARE SMALL, BUT DEMANDING, AND ARE BUILT AROUND CRITICAL THINKING THROUGH RESEARCH, INCISIVE ANALYSIS, AND GOOD WRITING WITH 30 HONORS LEVEL AND 18 ADVANCED PLACEMENT COURSES OFFERED. THE SCHOOL EXPECTS ALL STUDENTS TO BECOME INDEPENDENT LEARNERS, EXPAND THEIR INTELLECTUAL CURIOSITY, AND TO DEMONSTRATE IMPROVEMENT AND MASTERY IN THE DIFFICULT MATERIAL WITH WHICH THEY ARE CHALLENGED. THE SCHOOL ENCOURGAGES EACH STUDENT IN THE NURTURING ENVIRONMENT OF A CLOSE-KNIT CAMPUS TO DEVELOP ACADEMICALLY TO HIS MAXIMUM POTENTIAL. STUDENT SUPPORT SERVICES PROVIDE FOR THE FOOD, HOUSING, EDUCATIONAL, AND WELLNESS NEEDS OF THE SCHOOL'S STUDENTS AND INCLUDE EXPENSES FOR DINING HALL SERVICES, DORMITORIES, THE SCHOOL BOOKSTORE, AND THE CAMPUS WELLNESS CENTER. THE SCHOOL PROVIDES A VARIETY OF EXTRACURRICULAR OPPORTUNITIES FOR STUDENTS, INCLUDING COMPETITIVE SPORTS, STUDENT GOVERNMENT, CLUBS, AND COMMUNITY SERVICE ACTIVITIES.
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2343538
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2425027
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2518057
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2619932
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2717461
IRS990/Form990PartVIISectionAGrp/PersonNm0BERT SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm1RONALD BRUMLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2DANIEL WALL
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm4FRANKLIN ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5SHANNON P ALLISON
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN BEARD
IRS990/Form990PartVIISectionAGrp/PersonNm7PETER DODGE
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL GRACE
IRS990/Form990PartVIISectionAGrp/PersonNm9BLAKE GRAEBER
IRS990/Form990PartVIISectionAGrp/PersonNm10KARYN KENNEDY HERTERICH
IRS990/Form990PartVIISectionAGrp/PersonNm11WALTER HANNAH
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN HINE
IRS990/Form990PartVIISectionAGrp/PersonNm13MARIA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN KIMBERLY
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN C KNAPP
IRS990/Form990PartVIISectionAGrp/PersonNm16LEE ANNE MANGONE
IRS990/Form990PartVIISectionAGrp/PersonNm17LOUIS MOORE JR
IRS990/Form990PartVIISectionAGrp/PersonNm18BRIAN PECHELES
IRS990/Form990PartVIISectionAGrp/PersonNm19DANIEL MURCHISON
IRS990/Form990PartVIISectionAGrp/PersonNm20TOWNSEND TANNER
IRS990/Form990PartVIISectionAGrp/PersonNm21THOMAS D WESTFELDT II
IRS990/Form990PartVIISectionAGrp/PersonNm22MARK WHITNEY
IRS990/Form990PartVIISectionAGrp/PersonNm23PAUL KRIEGER
IRS990/Form990PartVIISectionAGrp/PersonNm24DWIGHT L PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm25DANIEL ELMER
IRS990/Form990PartVIISectionAGrp/PersonNm26KATHERINE ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm27KIRK BLACKARD
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt24CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF FACILITIES/HR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIR. OF COLLEGE GUIDANCE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01907
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01050638
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt01170045
IRS990/GrantAmt05416692
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05416692
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05416692
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04675023
IRS990/GrossReceiptsAmt025819835
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013786
IRS990/InformationTechnologyGrp/TotalAmt013786
IRS990/InsuranceGrp/ManagementAndGeneralAmt0154888
IRS990/InsuranceGrp/TotalAmt0154888
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt0117401
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01333718
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt021212733
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020783016
IRS990/LandBldgEquipCostOrOtherBssAmt048898439
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03624385
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt016656
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt016656
IRS990/MissionDesc0THE MISSION OF THE SCHOOL IS TO PRODUCE EDUCATED MEN OF GOOD CHARACTER, PREPARED FOR BOTH SCHOLASTIC ACHIEVEMENT IN COLLEGE AND PRODUCTIVE CITIZENSHIP IN ADULT SOCIETY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt040978462
IRS990/NetAssetsOrFundBalancesEOYAmt047577576
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01050638
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01050638
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02401164
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt022955845
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023518164
IRS990/NoncashContributionsAmt0987579
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt056400
IRS990/OccupancyGrp/ManagementAndGeneralAmt038366
IRS990/OccupancyGrp/ProgramServicesAmt0829073
IRS990/OccupancyGrp/TotalAmt0923839
IRS990/OfficeExpensesGrp/FundraisingAmt0206555
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0245998
IRS990/OfficeExpensesGrp/ProgramServicesAmt042572
IRS990/OfficeExpensesGrp/TotalAmt0495125
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02648788
IRS990/OtherAssetsTotalGrp/EOYAmt03057173
IRS990/OtherChangesInNetAssetsAmt0550769
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt028795
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050820
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0550603

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$47.6$1.53$46.1$21.6$22.4$0.76
2023Detailed filing. Detailed filing data is available for this year.$46.6$2.56$44.0$18.3$21.2$2.89
2022Detailed filing. Detailed filing data is available for this year.$45.6$1.01$44.6$22.4$19.0$3.42
2021Detailed filing. Detailed filing data is available for this year.$48.7$1.17$47.6$22.2$18.5$3.65
2020Detailed filing. Detailed filing data is available for this year.$43.3$2.36$41.0$16.3$17.1$0.71
2019Detailed filing. Detailed filing data is available for this year.$42.7$0.97$41.8$17.5$17.8$0.38
2018Detailed filing. Detailed filing data is available for this year.$42.7$1.08$41.6$18.0$16.0$1.98
2017Detailed filing. Detailed filing data is available for this year.$42.4$1.70$40.7$17.5$15.1$2.42
2016Detailed filing. Detailed filing data is available for this year.$40.4$2.41$38.0$15.6$13.9$1.69
2015Detailed filing. Detailed filing data is available for this year.$38.3$1.11$37.2$14.9$12.8$2.12
2014Detailed filing. Detailed filing data is available for this year.$36.9$1.27$35.6$17.0$12.6$4.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.3$1.49$29.8$14.9
2012Summary only. Only limited summary data is available for this year.$33.0$1.48$31.5$14.9$11.8$3.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$1.84$29.3$11.0