Civic Intelligence

Trinity Academy of Raleigh

990 • Fiscal year 2015 • EIN 56-1913131

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

Organization ProfileWWW.TRINITYACADEMY.COM

View Organization Page

10224 Baileywick RdRaleigh, NC 27613

(919) 786-0114

Siviq Scores

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

Liabilities / Assets

84th percentile

0.74x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

86th percentile

1.67x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

59th percentile

5.7%

Higher net margin than 59% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

75th percentile

10%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$9,622,104

Up $890,584 (+10%) from 2014

Net Assets

Up

$2,524,861

Up $242,286 (+11%) from 2014

Liabilities

Up

$7,097,243

Up $648,298 (+10%) from 2014

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin59th percentile

Revenue

Up

$4,256,197

Up $466,710 (+12%) from 2014

Expenses

Up

$4,013,911

Up $21,553 (+0.5%) from 2014

Net Income

Up

$242,286

Up $445,157 (+219%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$40M$30M$20M$10M$0Assets 2010: $9,707,130Liabilities 2010: $6,380,095Net Assets 2010: $3,327,0352010Assets 2011: $9,156,490Liabilities 2011: $6,551,007Net Assets 2011: $2,605,4832011Assets 2012: $9,332,408Liabilities 2012: $6,397,831Net Assets 2012: $2,934,5772012Assets 2013: $8,804,002Liabilities 2013: $6,318,556Net Assets 2013: $2,485,4462013Assets 2014: $8,731,520Liabilities 2014: $6,448,945Net Assets 2014: $2,282,5752014Assets 2015: $9,622,104Liabilities 2015: $7,097,243Net Assets 2015: $2,524,8612015Assets 2016: $10,184,648Liabilities 2016: $7,637,969Net Assets 2016: $2,546,6792016Assets 2017: $10,501,948Liabilities 2017: $7,864,945Net Assets 2017: $2,637,0032017Assets 2018: $11,544,575Liabilities 2018: $8,902,747Net Assets 2018: $2,641,8282018Assets 2019: $12,063,480Liabilities 2019: $8,958,732Net Assets 2019: $3,104,7482019Assets 2020: $13,036,196Liabilities 2020: $8,941,695Net Assets 2020: $4,094,5012020Assets 2021: $17,362,092Liabilities 2021: $9,735,535Net Assets 2021: $7,626,5572021Assets 2022: $21,935,627Liabilities 2022: $10,208,170Net Assets 2022: $11,727,4572022Assets 2023: $27,380,314Liabilities 2023: $14,514,120Net Assets 2023: $12,866,1942023Assets 2024: $28,766,117Liabilities 2024: $15,173,614Net Assets 2024: $13,592,5032024Assets 2025: $34,078,420Liabilities 2025: $15,743,565Net Assets 2025: $18,334,8552025

Highlighted filing

2015

Assets$9,622,104
Liabilities$7,097,243
Net Assets$2,524,861
Open 2015 Filing

Operations Trend

Revenue Growth70th percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,369,6252010Revenue 2011: $2,943,097Expenses 2011: $3,664,649Net Income 2011: -$721,5522011Revenue 2012: $4,345,823Expenses 2012: $4,016,729Net Income 2012: $329,0942012Expenses 2013: $4,067,5922013Revenue 2014: $3,789,487Expenses 2014: $3,992,358Net Income 2014: -$202,8712014Revenue 2015: $4,256,197Expenses 2015: $4,013,911Net Income 2015: $242,2862015Revenue 2016: $4,372,904Expenses 2016: $4,351,086Net Income 2016: $21,8182016Revenue 2017: $4,595,200Expenses 2017: $4,504,876Net Income 2017: $90,3242017Revenue 2018: $4,925,435Expenses 2018: $4,930,077Net Income 2018: -$4,6422018Revenue 2019: $5,566,590Expenses 2019: $5,104,170Net Income 2019: $462,4202019Revenue 2020: $7,221,666Expenses 2020: $6,231,913Net Income 2020: $989,7532020Revenue 2021: $10,443,650Expenses 2021: $6,911,594Net Income 2021: $3,532,0562021Revenue 2022: $11,897,503Expenses 2022: $7,861,111Net Income 2022: $4,036,3922022Revenue 2023: $9,841,052Expenses 2023: $8,723,779Net Income 2023: $1,117,2732023Revenue 2024: $11,702,264Expenses 2024: $10,991,643Net Income 2024: $710,6212024Revenue 2025: $16,541,224Expenses 2025: $11,929,556Net Income 2025: $4,611,6682025

Highlighted filing

2015

Revenue$4,256,197
Expenses$4,013,911
Net Income$242,286
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$4,256,433
Mission and Program Overview

Mission

The mission of trinity academy of raleigh is to equip students to live with wisdom, excellence, and purpose in the modern world by offering an education grounded in the christian faith and the classical tradition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,971,303$7,262,637▲ $291,334
Savings and Temporary Cash Investments$1,509,652$1,639,249▲ $129,597
Cash and Non-Interest-Bearing Accounts$62,204$517,723▲ $455,519
Intangible Assets$5,065$105,861▲ $100,796
Accounts Receivable$53,933$60,238▲ $6,305
Pledges and Grants Receivable$127,172$32,845▼ $94,327
Prepaid Expenses and Deferred Charges$2,191$3,551▲ $1,360
Total Assets$8,731,520$9,622,104▲ $890,584
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,794,013$4,209,166▲ $415,153
Deferred Revenue$2,481,886$2,595,812▲ $113,926
Accounts Payable and Accrued Expenses$135,494$239,552▲ $104,058
Other Liabilities$9,052$30,497▲ $21,445
Unsecured Notes Loans Payable$28,500$22,216▼ $6,284
Total Liabilities$6,448,945$7,097,243▲ $648,298
Net Assets / Fund Balance
Unrestricted Net Assets$1,682,846$2,260,674▲ $577,828
Temporarily Rstr Net Assets$599,729$264,187▼ $335,542
Total Net Assets Fund Balance$2,282,575$2,524,861▲ $242,286
Total Liabilities and Net Assets / Fund Balance$8,731,520$9,622,104▲ $890,584

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,682,829$2,321,832$6,004,661
Land$3,016,517-$3,016,517
Other Land Buildings$502,075$193,301$695,376
Equipment$61,216$420,370$481,586
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Robert O Littlejohn JrHeadmasterFT$165,655$7,509$173,164

Board Members and Trustees

NameTitle
Mike GoolsbyChairman
Dave KernBoard of Directors
Jim ChenetBoard of Directors
Jim DotsonBoard of Directors
Kathryn AyersBoard of Directors
Keith PiguesBoard of Directors
Lars KisslingBoard of Directors
Mark SlagaBoard of Directors
Samantha KilpatrickBoard of Directors
Steve YagerBoard of Directors
Tom MorrisBoard of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$485,618
Program Service Revenue
$3,702,034
Investment Income
$6,307
Other Revenue
$62,238
All Other Contributions
$485,618
Change in Net Assets
$242,286

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,256,197
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,256,197
Total Revenue per Form 990
$4,256,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,749,600
Other Expenses$1,264,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,321,047$811,898-$2,132,945
Depreciation Depletion$296,562$41,395-$337,957
Occupancy$241,238$21,725-$262,963
Payroll Taxes$119,750$73,597-$193,347
Current Officers, Directors, Trustees, and Key Employees$114,141$70,150-$184,291
Other Employee Benefits$99,527$61,166-$160,693
Interest$142,446$12,828-$155,274
Pension Plan Contributions$48,510$29,814-$78,324
Office Expenses$64,550--$64,550
Insurance$39,158--$39,158
Other Expenses$67,082$31,831-$31,831
Information Technology$21,673--$21,673
Fees for Services Accounting$12,000--$12,000
All Other Expenses$7,872--$7,872
Fees for Services Other$3,051--$3,051
Fees for Services Legal$650--$650
Total Functional Expenses$2,859,507$1,154,404$0$4,013,911

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,013,911
Total Expenses per Audited Statements$4,013,911
Total Expenses per Form 990$4,013,911
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Self Insured Health Insurance Liability$26,761
Health Savings Account Liability$3,736
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
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 11

“The draft of the 990 is reviewed and approved by the finance committee of trinity's board of directors. Upon approval by the finance committee the chair of the finance committee presents it to the full board prior to the filing of the form 990.”

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

“Each director, principal officer and member of a committee with governing board-delegated powers shall annually sign a statement that affirms such person has received the conflict of interest policy and has read, understands and complies with the policy. Any interested person must disclose the existence of a possible conflict of interest and present all material facts to the directors and members of committees with governing board delegated powers. The governing board and committee members will discuss and determine the existence of a conflict of interest in the absence of the interested party.”

Form 990, Part VI, Section B, Line 15

“The board approves a contract with fixed indicators for compensation over a period of time. Annual review and compensation recommendations are done by the head support and evaluation committee. At the end of the contract the head support and evaluation committee will maintain their responsibility, though the board will be free to renegotiate terms of contract.”

Form 990, Part VI, Section C, Line 19

“The organization makes documents available to the public mostly upon request.”

Filing and Contact Details

Filer

Filer Name
Trinity Academy Inc
EIN
56-1913131
Phone
9197860114
Address
10224 BAILEYWICK RD, RALEIGH, NC 27613

Signing Officer

Name
Robert Littlejohn Jr
Title
Head of School
Phone
9197860114
Signed
2016-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Robert O Littlejohn
Formed
1996
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
125
Volunteers
290

Preparer

Firm
Thomas Judy & Tucker P a
Address
4700 FALLS OF NEUSE ROAD SUITE 400, RALEIGH, NC 27609
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The financial statement is generated in conjunction with trinity's chief financial officer. The draft is then presented to the finance committee of the board of directors to be reviewed and approved. Once it is approved, it is then presented to the governing board prior to being released.”

Financial Statement Notes

PART X, LINE 2:

“The academy is exempt from income taxes as a not-for-profit organization under section 501(c)(3) of the internal revenue code. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the academy and recognize a tax liability (or asset) if the academy has taken an uncertain tax position that more likely than not would be sustained upon examination by the applicable authorities. Management has analyzed the tax positions taken by the academy, and has concluded that as of june 30, 2015, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The academy is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress.”

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IRS990/InsuranceGrp/TotalAmt039158
IRS990/IntangibleAssetsGrp/BOYAmt05065
IRS990/IntangibleAssetsGrp/EOYAmt0105861
IRS990/InterestGrp/ManagementAndGeneralAmt012828
IRS990/InterestGrp/ProgramServicesAmt0142446
IRS990/InterestGrp/TotalAmt0155274
IRS990/InvestmentIncomeGrp/ExclusionAmt0793
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0793
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02935503
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06971303
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07262637
IRS990/LandBldgEquipCostOrOtherBssAmt010198140
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0236
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF TRINITY ACADEMY OF RALEIGH IS TO EQUIP STUDENTS TO LIVE WITH WISDOM, EXCELLENCE, AND PURPOSE IN THE MODERN WORLD BY OFFERING AN EDUCATION GROUNDED IN THE CHRISTIAN FAITH AND THE CLASSICAL TRADITION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03794013
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04209166
IRS990/NetAssetsOrFundBalancesBOYAmt02282575
IRS990/NetAssetsOrFundBalancesEOYAmt02524861
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05514
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05514
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt035330
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt035330
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt01600
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt021725
IRS990/OccupancyGrp/ProgramServicesAmt0241238
IRS990/OccupancyGrp/TotalAmt0262963
IRS990/OfficeExpensesGrp/ProgramServicesAmt064550
IRS990/OfficeExpensesGrp/TotalAmt064550
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt061166
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt099527
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0160693
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1ATHLETICS
IRS990/OtherExpensesGrp/Desc2CURRICULUM AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt031831
IRS990/OtherExpensesGrp/ProgramServicesAmt0152057
IRS990/OtherExpensesGrp/ProgramServicesAmt1108193
IRS990/OtherExpensesGrp/ProgramServicesAmt267082
IRS990/OtherExpensesGrp/TotalAmt0152057
IRS990/OtherExpensesGrp/TotalAmt1108193
IRS990/OtherExpensesGrp/TotalAmt267082
IRS990/OtherExpensesGrp/TotalAmt331831
IRS990/OtherLiabilitiesGrp/BOYAmt09052
IRS990/OtherLiabilitiesGrp/EOYAmt030497
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1SPECIAL EVENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020547
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16361
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020547
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16361
IRS990/OtherRevenueTotalAmt026908
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0811898
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01321047
IRS990/OtherSalariesAndWagesGrp/TotalAmt02132945
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt073597
IRS990/PayrollTaxesGrp/ProgramServicesAmt0119750
IRS990/PayrollTaxesGrp/TotalAmt0193347
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt029814
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt048510
IRS990/PensionPlanContributionsGrp/TotalAmt078324
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0127172
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt032845
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02191
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03551
IRS990/PrincipalOfficerNm0DR ROBERT O LITTLEJOHN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1ACTIVITY CENTER SPONSO
IRS990/ProgramServiceRevenueGrp/Desc2EXTENDED LEARNING
IRS990/ProgramServiceRevenueGrp/Desc3ATHLETIC CAMPS
IRS990/ProgramServiceRevenueGrp/Desc4FIELD TRIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03631134
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133385
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218096
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312307
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt47112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03631134
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218096
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt47112
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0113903
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0610
IRS990/PYOtherExpensesAmt01288446
IRS990/PYOtherRevenueAmt057423
IRS990/PYProgramServiceRevenueAmt03617551
IRS990/PYRevenuesLessExpensesAmt0-202871
IRS990/PYSalariesCompEmpBnftPaidAmt02703912
IRS990/PYTotalExpensesAmt03992358
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03789487
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0242286
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt035330
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03764272
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01509652
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01639249
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/BookValueAmt03682829
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02321832
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06004661
IRS990ScheduleD/EquipmentGrp/BookValueAmt061216
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0420370
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0481586
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04013911
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03016517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03016517
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0502075
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0193301
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0695376
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt126761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEALTH SAVINGS ACCOUNT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SELF INSURED HEALTH INSURANCE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04256197
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ACADEMY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ACADEMY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ACADEMY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07262637
IRS990ScheduleD/TotalExpensesPerForm990Amt04013911
IRS990ScheduleD/TotalLiabilityAmt030497
IRS990ScheduleD/TotalRevenuePerForm990Amt04256197
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04256197
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04013911
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ADVERTISEMENTS IN NEWSPAPER AND BROADCAST MEDIA CONTAINED NONDISCRIMINATORY LANGUAGE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990ScheduleJ/InitialContractExceptionInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,622,104
Liabilities
$7,097,243
Net assets
$2,524,861
Revenue
$4,256,197
Expenses
$4,013,911
Net income
$242,286
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$34.1$15.7$18.3$16.5$11.9$4.61
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.8$15.2$13.6$11.7$11.0$0.71
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$14.5$12.9$9.84$8.72$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$10.2$11.7$11.9$7.86$4.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$9.74$7.63$10.4$6.91$3.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$8.94$4.09$7.22$6.23$0.99
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$8.96$3.10$5.57$5.10$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$8.90$2.64$4.93$4.93$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$7.86$2.64$4.60$4.50$0.09
2016Detailed filing. Detailed filing data is available for this year.$10.2$7.64$2.55$4.37$4.35$0.02
2015Detailed filing. Detailed filing data is available for this year.$9.62$7.10$2.52$4.26$4.01$0.24
2014Detailed filing. Detailed filing data is available for this year.$8.73$6.45$2.28$3.79$3.99$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.80$6.32$2.49$4.07
2012Summary only. Only limited summary data is available for this year.$9.33$6.40$2.93$4.35$4.02$0.33
2011Summary only. Only limited summary data is available for this year.$9.16$6.55$2.61$2.94$3.66$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.71$6.38$3.33$3.37