Civic Intelligence

Trinity Academy Inc.

990 • Fiscal year 2016 • EIN 56-1913131

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

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

0.75x

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

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

Liabilities / Revenue

86th percentile

1.75x

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

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

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

65th percentile

5.8%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

49th percentile

2.7%

Faster revenue growth than 49% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$10,184,648

Up $562,544 (+5.8%) from 2015

Net Assets

Up

$2,546,679

Up $21,818 (+0.9%) from 2015

Liabilities

Up

$7,637,969

Up $540,726 (+7.6%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin41st percentile

Revenue

Up

$4,372,904

Up $116,707 (+2.7%) from 2015

Expenses

Up

$4,351,086

Up $337,175 (+8.4%) from 2015

Net Income

Down

$21,818

Down $220,468 (-91%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth65th 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

2016

Assets$10,184,648
Liabilities$7,637,969
Net Assets$2,546,679
Open 2016 Filing

Operations Trend

Revenue Growth49th 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

2016

Revenue$4,372,904
Expenses$4,351,086
Net Income$21,818
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$4,376,862
Mission and Program Overview

Mission

The mission of trinity academy 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.

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$7,262,637$7,644,457▲ $381,820
Savings and Temporary Cash Investments$1,639,249$2,383,597▲ $744,348
Intangible Assets$105,861$82,763▼ $23,098
Accounts Receivable$60,238$35,678▼ $24,560
Cash and Non-Interest-Bearing Accounts$517,723$24,147▼ $493,576
Pledges and Grants Receivable$32,845$13,963▼ $18,882
Prepaid Expenses and Deferred Charges$3,551$43▼ $3,508
Total Assets$9,622,104$10,184,648▲ $562,544
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,209,166$4,731,503▲ $522,337
Deferred Revenue$2,595,812$2,740,709▲ $144,897
Accounts Payable and Accrued Expenses$239,552$106,335▼ $133,217
Other Liabilities$30,497$44,166▲ $13,669
Unsecured Notes Loans Payable$22,216$15,256▼ $6,960
Total Liabilities$7,097,243$7,637,969▲ $540,726
Net Assets / Fund Balance
Unrestricted Net Assets$2,260,674$2,296,012▲ $35,338
Temporarily Rstr Net Assets$264,187$250,667▼ $13,520
Total Net Assets Fund Balance$2,524,861$2,546,679▲ $21,818
Total Liabilities and Net Assets / Fund Balance$9,622,104$10,184,648▲ $562,544

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,085,604$2,619,943$6,705,547
Land$3,016,517-$3,016,517
Other Land Buildings$484,069$217,843$701,912
Equipment$58,267$442,973$501,240
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Robert O Littlejohn JrHeadmasterFT$168,493$39,360$207,853

Board Members and Trustees

NameTitle
Kathryn AyersChair
Dave KernBoard of Directors
David BulzanBoard of Directors
Jim ChenetBoard of Directors
Jim DotsonBoard of Directors
Keith PiguesBoard of Directors
Lars KisslingBoard of Directors
Mark SlagaBoard of Directors
Matthew YoungBoard of Directors
Samantha KilpatrickBoard of Directors
Steve YagerBoard of Directors
Veronica GreearBoard of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$344,303
Program Service Revenue
$3,968,052
Investment Income
$685
Other Revenue
$59,864
All Other Contributions
$342,911
Change in Net Assets
$21,818

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,372,904
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,372,904
Total Revenue per Form 990
$4,372,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,989,354
Other Expenses$1,361,732
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,501,033$853,536-$2,354,569
Depreciation Depletion$318,573$51,787-$370,360
Occupancy$234,085$21,081-$255,166
Interest$196,373$17,684-$214,057
Current Officers, Directors, Trustees, and Key Employees$134,224$76,324-$210,548
Payroll Taxes$124,975$71,064-$196,039
Other Employee Benefits$78,426$44,595-$123,021
Pension Plan Contributions$67,050$38,127-$105,177
Office Expenses$94,192--$94,192
Information Technology$40,366--$40,366
Insurance$37,186--$37,186
All Other Expenses$15,266--$15,266
Fees for Services Accounting$12,360--$12,360
Other Expenses$81,539$11,561-$11,561
Fees for Services Legal$4,754--$4,754
Fees for Services Other$300--$300
Total Functional Expenses$3,165,327$1,185,759$0$4,351,086

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,351,086
Total Expenses per Audited Statements$4,351,086
Total Expenses per Form 990$4,351,086
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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$44,166
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
Headmaster
Phone
9197860114
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Robert O Littlejohn
Formed
1996
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
146
Volunteers
271

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, 2016, 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/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03700
IRS990/GrossReceiptsAmt04376862
IRS990/GrossRentsGrp/RealAmt047288
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt040366
IRS990/InformationTechnologyGrp/TotalAmt040366
IRS990/InsuranceGrp/ProgramServicesAmt037186
IRS990/InsuranceGrp/TotalAmt037186
IRS990/IntangibleAssetsGrp/BOYAmt0105861
IRS990/IntangibleAssetsGrp/EOYAmt082763
IRS990/InterestGrp/ManagementAndGeneralAmt017684
IRS990/InterestGrp/ProgramServicesAmt0196373
IRS990/InterestGrp/TotalAmt0214057
IRS990/InvestmentIncomeGrp/ExclusionAmt0943
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0943
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03280759
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07262637
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07644457
IRS990/LandBldgEquipCostOrOtherBssAmt010925216
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03958
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/BOYAmt04209166
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04731503
IRS990/NetAssetsOrFundBalancesBOYAmt02524861
IRS990/NetAssetsOrFundBalancesEOYAmt02546679
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-258
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-258
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt047288
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt047288
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/ManagementAndGeneralAmt021081
IRS990/OccupancyGrp/ProgramServicesAmt0234085
IRS990/OccupancyGrp/TotalAmt0255166
IRS990/OfficeExpensesGrp/ProgramServicesAmt094192
IRS990/OfficeExpensesGrp/TotalAmt094192
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044595
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt078426
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0123021
IRS990/OtherExpensesGrp/Desc0ATHLETICS
IRS990/OtherExpensesGrp/Desc1DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2CURRICULUM AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3BAD DEBTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011561
IRS990/OtherExpensesGrp/ProgramServicesAmt0132766
IRS990/OtherExpensesGrp/ProgramServicesAmt191859
IRS990/OtherExpensesGrp/ProgramServicesAmt281539
IRS990/OtherExpensesGrp/TotalAmt0132766
IRS990/OtherExpensesGrp/TotalAmt191859
IRS990/OtherExpensesGrp/TotalAmt281539
IRS990/OtherExpensesGrp/TotalAmt311561
IRS990/OtherLiabilitiesGrp/BOYAmt030497
IRS990/OtherLiabilitiesGrp/EOYAmt044166
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012576
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012576
IRS990/OtherRevenueTotalAmt012576
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0853536
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01501033
IRS990/OtherSalariesAndWagesGrp/TotalAmt02354569
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt071064
IRS990/PayrollTaxesGrp/ProgramServicesAmt0124975
IRS990/PayrollTaxesGrp/TotalAmt0196039
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt038127
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt067050
IRS990/PensionPlanContributionsGrp/TotalAmt0105177
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt032845
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013963
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03551
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt043
IRS990/PrincipalOfficerNm0DR ROBERT O LITTLEJOHN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1EXTENDED LEARNING
IRS990/ProgramServiceRevenueGrp/Desc2ACTIVITY CENTER SPONSO
IRS990/ProgramServiceRevenueGrp/Desc3ATHLETIC CAMPS
IRS990/ProgramServiceRevenueGrp/Desc4FIELD TRIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03881145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135738
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt235419
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt311445
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44305
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03881145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt235419
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311445
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44305
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0485618
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06307
IRS990/PYOtherExpensesAmt01264311
IRS990/PYOtherRevenueAmt062238
IRS990/PYProgramServiceRevenueAmt03702034
IRS990/PYRevenuesLessExpensesAmt0242286
IRS990/PYSalariesCompEmpBnftPaidAmt02749600
IRS990/PYTotalExpensesAmt04013911
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04256197
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt021818
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt047288
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04029308
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01639249
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02383597
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/BookValueAmt04085604
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02619943
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06705547
IRS990ScheduleD/EquipmentGrp/BookValueAmt058267
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0442973
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0501240
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04351086
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03016517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03016517
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0484069
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0217843
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0701912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SELF INSURED HEALTH INSURANCE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04372904
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, 2016, 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/TotalBookValueLandBuildingsAmt07644457
IRS990ScheduleD/TotalExpensesPerForm990Amt04351086
IRS990ScheduleD/TotalLiabilityAmt044166
IRS990ScheduleD/TotalRevenuePerForm990Amt04372904
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04372904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04351086
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

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$10,184,648
Liabilities
$7,637,969
Net assets
$2,546,679
Revenue
$4,372,904
Expenses
$4,351,086
Net income
$21,818
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