Civic Intelligence

New Horizons Elementary School

990 • Fiscal year 2015 • EIN 56-1380587

Aug 01, 2014 to Jul 31, 2015 • Filed on Dec 09, 2015

Organization Profilewww.newhorizonselementary.org
3705 South College RoadWilmington, NC 28412

(910) 392-5209

Siviq Scores

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

Liabilities / Assets

76th percentile

0.43x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.67x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

58th percentile

5.4%

Higher net margin than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

38th percentile

-1.8%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-9.0%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$1,094,748

Down $20,488 (-1.8%) from 2014

Net Assets

Up

$620,110

Up $38,573 (+6.6%) from 2014

Liabilities

Down

$474,638

Down $59,061 (-11%) from 2014

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin58th percentile

Revenue

Down

$712,305

Down $70,173 (-9.0%) from 2014

Expenses

Down

$673,732

Down $52,213 (-7.2%) from 2014

Net Income

Down

$38,573

Down $17,960 (-32%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,140,787Liabilities 2010: $693,151Net Assets 2010: $447,6362010Assets 2011: $989,962Liabilities 2011: $521,638Net Assets 2011: $468,3242011Assets 2012: $976,321Liabilities 2012: $515,233Net Assets 2012: $461,0882012Assets 2013: $1,114,149Liabilities 2013: $589,145Net Assets 2013: $525,0042013Assets 2014: $1,115,236Liabilities 2014: $533,699Net Assets 2014: $581,5372014Assets 2015: $1,094,748Liabilities 2015: $474,638Net Assets 2015: $620,1102015Assets 2016: $1,073,220Liabilities 2016: $505,080Net Assets 2016: $568,1402016Assets 2017: $1,052,241Liabilities 2017: $512,237Net Assets 2017: $540,0042017Assets 2018: $1,068,285Liabilities 2018: $530,880Net Assets 2018: $537,4052018Assets 2019: $1,103,023Liabilities 2019: $625,043Net Assets 2019: $477,9802019Assets 2020: $1,107,098Liabilities 2020: $682,438Net Assets 2020: $424,6602020Assets 2021: $1,297,373Liabilities 2021: $917,310Net Assets 2021: $380,0632021Assets 2022: $1,677,658Liabilities 2022: $1,171,708Net Assets 2022: $505,9502022Assets 2023: $1,370,136Liabilities 2023: $916,232Net Assets 2023: $453,9042023Assets 2024: $1,504,989Liabilities 2024: $1,097,373Net Assets 2024: $407,6162024Assets 2025: $1,601,670Liabilities 2025: $895,960Net Assets 2025: $705,7102025

Highlighted filing

2015

Assets$1,094,748
Liabilities$474,638
Net Assets$620,110
Open 2015 Filing

Operations Trend

Revenue Growth24th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $661,2972010Expenses 2011: $725,4522011Revenue 2012: $745,837Expenses 2012: $753,073Net Income 2012: -$7,2362012Expenses 2013: $741,0312013Revenue 2014: $782,478Expenses 2014: $725,945Net Income 2014: $56,5332014Revenue 2015: $712,305Expenses 2015: $673,732Net Income 2015: $38,5732015Revenue 2016: $698,648Expenses 2016: $746,808Net Income 2016: -$48,1602016Revenue 2017: $756,401Expenses 2017: $788,972Net Income 2017: -$32,5712017Revenue 2018: $788,886Expenses 2018: $791,485Net Income 2018: -$2,5992018Revenue 2019: $786,938Expenses 2019: $846,363Net Income 2019: -$59,4252019Revenue 2020: $868,890Expenses 2020: $922,210Net Income 2020: -$53,3202020Revenue 2021: $936,308Expenses 2021: $980,905Net Income 2021: -$44,5972021Revenue 2022: $951,421Expenses 2022: $938,374Net Income 2022: $13,0472022Revenue 2023: $1,106,870Expenses 2023: $1,158,916Net Income 2023: -$52,0462023Revenue 2024: $1,191,293Expenses 2024: $1,227,456Net Income 2024: -$36,1632024Revenue 2025: $1,553,319Expenses 2025: $1,255,947Net Income 2025: $297,3722025

Highlighted filing

2015

Revenue$712,305
Expenses$673,732
Net Income$38,573
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Dec 9, 2015
Return Version
2014v5.0
Gross Receipts
$729,030
Mission and Program Overview

Mission

Kindergarten through Grade 5 education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$639,362$614,876▼ $24,486
Savings and Temporary Cash Investments$310,624$310,686▲ $62
Cash and Non-Interest-Bearing Accounts$143,303$255,741▲ $112,438
Prepaid Expenses and Deferred Charges$5,685$1,129▼ $4,556
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Accounts Receivable$16,262$-87,685▼ $103,947
Total Assets$1,115,236$1,094,748▼ $20,488
Other Assets Total-$1-
Liabilities
Mortgage Notes Payable Secured by Investment Property$445,136$424,938▼ $20,198
Deferred Revenue$86,826$45,768▼ $41,058
Accounts Payable and Accrued Expenses$1,737$3,932▲ $2,195
Total Liabilities$533,699$474,638▼ $59,061
Net Assets / Fund Balance
Unrestricted Net Assets$581,537$620,110▲ $38,573
Total Net Assets Fund Balance$581,537$620,110▲ $38,573
Total Liabilities and Net Assets / Fund Balance$1,115,236$1,094,748▼ $20,488

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$506,326$226,648$732,974
Leasehold Improvements$15,800$95,759$111,559
Land$92,750-$92,750
Equipment-$74,738$74,738
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Kelly FisherChair
Dylan DimockVice President
Adam BeaudoinDirector
Donna ClarkDirector
Elizabeth LeakeDirector
Lori BivinsDirector
Sally GustieDirector
Carol Ann DurhamSecretary
Brad MickleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,030
Program Service Revenue
$664,732
Investment Income
$585
Other Revenue
$24,958
All Other Contributions
$22,030
Change in Net Assets
$38,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$499,350
Other Expenses$174,382
Total Fundraising Expense$1,815
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$399,139$13,782-$412,921
Other Employee Benefits$43,273--$43,273
Occupancy$39,676$810-$40,486
Payroll Taxes$30,974$1,069-$32,043
Depreciation Depletion$23,996$490-$24,486
Fees for Services Other$20,844--$20,844
Interest$14,690$300-$14,990
Insurance$11,116$384-$11,500
Pension Plan Contributions$11,113--$11,113
Office Expenses-$8,069-$8,069
All Other Expenses$5,471--$5,471
Information Technology$3,710$128-$3,838
Fees for Services Accounting-$3,640-$3,640
Other Expenses$3,000--$3,000
Advertising--$1,815$1,815
Total Functional Expenses$643,245$28,672$1,815$673,732
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,683
Fundraising Direct Expenses$16,725
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Harvest Moon$14,087$14,087$3,371$10,716
Innisbrook$9,539$9,539$4,734$4,805
Total Events$30,346$30,346$11,452$18,894
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“The faculty representative and one other board member have a business relationship with the school in that while they are unpaid for their duties as board members, they receive a salary from the school in their separate capacity as teachers at the school. They are therefore not considered independent for Form 990 reporting purposes.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 is reviewed in detail by the finance committee of the board. All board members are notified that the 990 is available for their review and are encouraged to ask questions or make comments before it is filed.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“At the beginning of each fiscal year, the board is reminded of the conflict of interest policy and board members are requested to inform the chairperson as soon as they believe a potential conflict of interest has arisen.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The school operates without a traditional principal. However, all faculty wages are reviewed by the independent members of the board. Criteria for determining wage rates are years of service and level of service.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“See above notation for 15a.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Information is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
New Horizons Elementary School
EIN
56-1380587
Phone
9103925209
Address
3705 South College Road, Wilmington, NC 28412

Signing Officer

Name
Brad Mickle
Title
Treasurer
Signed
2015-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Fisher
Formed
1983
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
7
Employees
10
Volunteers
100

Preparer

Firm
Bearmancpa Pllc
Address
124 Cavalier Dr, WILMINGTON, NC 28403-2547
Preparer
Nigel Bearman
Phone
9105080630
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IRS990/NetAssetsOrFundBalancesBOYAmt0581537
IRS990/NetAssetsOrFundBalancesEOYAmt0620110
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt024958
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt024958
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0810
IRS990/OccupancyGrp/ProgramServicesAmt039676
IRS990/OccupancyGrp/TotalAmt040486
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08069
IRS990/OfficeExpensesGrp/TotalAmt08069
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt043273
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043273
IRS990/OtherExpensesGrp/Desc0Hot lunches & milk
IRS990/OtherExpensesGrp/Desc1Instructional Materials
IRS990/OtherExpensesGrp/Desc2Enrichment
IRS990/OtherExpensesGrp/Desc3Retirement Gift
IRS990/OtherExpensesGrp/ProgramServicesAmt023670
IRS990/OtherExpensesGrp/ProgramServicesAmt17971
IRS990/OtherExpensesGrp/ProgramServicesAmt24602
IRS990/OtherExpensesGrp/ProgramServicesAmt33000
IRS990/OtherExpensesGrp/TotalAmt023670
IRS990/OtherExpensesGrp/TotalAmt17971
IRS990/OtherExpensesGrp/TotalAmt24602
IRS990/OtherExpensesGrp/TotalAmt33000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013782
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0399139
IRS990/OtherSalariesAndWagesGrp/TotalAmt0412921
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01069
IRS990/PayrollTaxesGrp/ProgramServicesAmt030974
IRS990/PayrollTaxesGrp/TotalAmt032043
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt011113
IRS990/PensionPlanContributionsGrp/TotalAmt011113
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05685
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01129
IRS990/PrincipalOfficerNm0Kelly Fisher
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0After School
IRS990/ProgramServiceRevenueGrp/Desc1Field Trips
IRS990/ProgramServiceRevenueGrp/Desc2Hot Lunch program
IRS990/ProgramServiceRevenueGrp/Desc3Other
IRS990/ProgramServiceRevenueGrp/Desc4Tuition, Fees, Related
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02408
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020118
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt229392
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3612314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32408
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4612314
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010806
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0374
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0216375
IRS990/PYOtherRevenueAmt013894
IRS990/PYProgramServiceRevenueAmt0757404
IRS990/PYRevenuesLessExpensesAmt056533
IRS990/PYSalariesCompEmpBnftPaidAmt0509570
IRS990/PYTotalExpensesAmt0725945
IRS990/PYTotalRevenueAmt0782478
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt038573
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0662324
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0310624
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0310686
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0506326
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0226648
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0732974
IRS990ScheduleD/EquipmentGrp/DepreciationAmt074738
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074738
IRS990ScheduleD/LandGrp/BookValueAmt092750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt092750
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015800
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt095759
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0111559
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0614876
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A statement of non-discrimination appears in the school's advertisements for students and in the school's informational brochure provided to all prospective student families.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011452
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Harvest Moon
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Innisbrook
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014087
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09539
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030346
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014087
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09539
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030346
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018894
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03347
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011452
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03371
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04734
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The faculty representative and one other board member have a business relationship with the school in that while they are unpaid for their duties as board members, they receive a salary from the school in their separate capacity as teachers at the school. They are therefore not considered independent for Form 990 reporting purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed in detail by the finance committee of the board. All board members are notified that the 990 is available for their review and are encouraged to ask questions or make comments before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2At the beginning of each fiscal year, the board is reminded of the conflict of interest policy and board members are requested to inform the chairperson as soon as they believe a potential conflict of interest has arisen.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The school operates without a traditional principal. However, all faculty wages are reviewed by the independent members of the board. Criteria for determining wage rates are years of service and level of service.

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,094,748
Liabilities
$474,638
Net assets
$620,110
Revenue
$712,305
Expenses
$673,732
Net income
$38,573
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.60$0.90$0.71$1.55$1.26$0.30
2024Detailed filing. Detailed filing data is available for this year.$1.50$1.10$0.41$1.19$1.23$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.92$0.45$1.11$1.16$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.68$1.17$0.51$0.95$0.94$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.92$0.38$0.94$0.98$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.68$0.42$0.87$0.92$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.63$0.48$0.79$0.85$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.53$0.54$0.79$0.79$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.51$0.54$0.76$0.79$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.51$0.57$0.70$0.75$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.47$0.62$0.71$0.67$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.53$0.58$0.78$0.73$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.59$0.53$0.74
2012Summary only. Only limited summary data is available for this year.$0.98$0.52$0.46$0.75$0.75$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.52$0.47$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.69$0.45$0.66