Civic Intelligence

Trinity Academy Inc.

990 • Fiscal year 2017 • EIN 56-1913131

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 09, 2018

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.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.71x

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

46th percentile

2.0%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

45th percentile

3.1%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

5.1%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$10,501,948

Up $317,300 (+3.1%) from 2016

Net Assets

Up

$2,637,003

Up $90,324 (+3.5%) from 2016

Liabilities

Up

$7,864,945

Up $226,976 (+3.0%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin46th percentile

Revenue

Up

$4,595,200

Up $222,296 (+5.1%) from 2016

Expenses

Up

$4,504,876

Up $153,790 (+3.5%) from 2016

Net Income

Up

$90,324

Up $68,506 (+314%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2017

Assets$10,501,948
Liabilities$7,864,945
Net Assets$2,637,003
Open 2017 Filing

Operations Trend

Revenue Growth51st 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

2017

Revenue$4,595,200
Expenses$4,504,876
Net Income$90,324
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 9, 2018
Return Version
2016v3.0
Gross Receipts
$4,595,700
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$7,644,457$7,399,152▼ $245,305
Savings and Temporary Cash Investments$2,383,597$2,951,397▲ $567,800
Cash and Non-Interest-Bearing Accounts$24,147$110,896▲ $86,749
Accounts Receivable$35,678$32,078▼ $3,600
Pledges and Grants Receivable$13,963$8,425▼ $5,538
Prepaid Expenses and Deferred Charges$43$0▼ $43
Total Assets$10,101,885$10,501,948▲ $400,063
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,648,740$4,583,122▼ $65,618
Deferred Revenue$2,740,709$3,078,997▲ $338,288
Accounts Payable and Accrued Expenses$106,335$141,134▲ $34,799
Other Liabilities$44,166$53,732▲ $9,566
Unsecured Notes Loans Payable$15,256$7,960▼ $7,296
Total Liabilities$7,555,206$7,864,945▲ $309,739
Net Assets / Fund Balance
Unrestricted Net Assets$2,545,509$2,634,938▲ $89,429
Temporarily Rstr Net Assets$1,170$2,065▲ $895
Total Net Assets Fund Balance$2,546,679$2,637,003▲ $90,324
Total Liabilities and Net Assets / Fund Balance$10,101,885$10,501,948▲ $400,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,848,165$2,948,188$6,796,353
Land$3,016,517-$3,016,517
Other Land Buildings$458,319$243,593$701,912
Equipment$76,151$462,938$539,089
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Robert O Littlejohn JrHeadmasterFT$180,127$12,688$192,815
Samantha KilpatrickVice Chair-$1,750-$1,750
Veronica GreearBoard Member-$600-$600

Board Members and Trustees

NameTitle
Kathryn AyersBoard Chair
Dave KernBoard Member
David BulzanBoard Member
Jim DotsonBoard Member
Keith PiguesBoard Member
Lars KisslingBoard Member
Mark SlagaBoard Member
Matt YoungBoard Member
Steve YagerBoard Member
Jane CurrinBoard Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$338,882
Program Service Revenue
$4,229,558
Investment Income
$1,565
Other Revenue
$25,195
All Other Contributions
$338,882
Change in Net Assets
$90,324

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,595,200
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,595,200
Total Revenue per Form 990
$4,595,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,031,957
Other Expenses$1,472,919
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,551,671$829,909-$2,381,580
Depreciation Depletion$343,066$30,894-$373,960
Occupancy$262,746$26,782-$289,528
Interest$197,283$40,863-$238,146
Current Officers, Directors, Trustees, and Key Employees$134,840$72,119-$206,959
Payroll Taxes$124,172$66,413-$190,585
Other Employee Benefits$95,311$50,977-$146,288
Pension Plan Contributions$69,417$37,128-$106,545
Office Expenses$90,039--$90,039
Other Expenses$56,491--$56,491
All Other Expenses$18,568$26,867-$45,435
Insurance$40,980--$40,980
Information Technology$18,016--$18,016
Fees for Services Accounting$12,600--$12,600
Fees for Services Other$30--$30
Total Functional Expenses$3,322,924$1,181,952$0$4,504,876

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,504,876
Total Expenses per Audited Statements$4,504,876
Total Expenses per Form 990$4,504,876
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$53,732
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 11B

“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
Matthew a Breazeale
Title
Interim Head of School
Phone
9197860114
Signed
2018-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew a Breazeale
Formed
1996
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
160
Volunteers
253

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, 2017, 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/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt018016
IRS990/InformationTechnologyGrp/TotalAmt018016
IRS990/InsuranceGrp/ProgramServicesAmt040980
IRS990/InsuranceGrp/TotalAmt040980
IRS990/InterestGrp/ManagementAndGeneralAmt040863
IRS990/InterestGrp/ProgramServicesAmt0197283
IRS990/InterestGrp/TotalAmt0238146
IRS990/InvestmentIncomeGrp/ExclusionAmt01065
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01065
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03654719
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07644457
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07399152
IRS990/LandBldgEquipCostOrOtherBssAmt011053871
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0500
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/BOYAmt04648740
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04583122
IRS990/NetAssetsOrFundBalancesBOYAmt02546679
IRS990/NetAssetsOrFundBalancesEOYAmt02637003
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0500
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt023192
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt023192
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt02401
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt026782
IRS990/OccupancyGrp/ProgramServicesAmt0262746
IRS990/OccupancyGrp/TotalAmt0289528
IRS990/OfficeExpensesGrp/ProgramServicesAmt090039
IRS990/OfficeExpensesGrp/TotalAmt090039
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050977
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095311
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0146288
IRS990/OtherExpensesGrp/Desc0ATHLETICS
IRS990/OtherExpensesGrp/Desc1ANNUAL FUND - STRATEGIC
IRS990/OtherExpensesGrp/Desc2CURRICULUM AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0123477
IRS990/OtherExpensesGrp/ProgramServicesAmt1101879
IRS990/OtherExpensesGrp/ProgramServicesAmt282338
IRS990/OtherExpensesGrp/ProgramServicesAmt356491
IRS990/OtherExpensesGrp/TotalAmt0123477
IRS990/OtherExpensesGrp/TotalAmt1101879
IRS990/OtherExpensesGrp/TotalAmt282338
IRS990/OtherExpensesGrp/TotalAmt356491
IRS990/OtherLiabilitiesGrp/BOYAmt044166
IRS990/OtherLiabilitiesGrp/EOYAmt053732
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02003
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02003
IRS990/OtherRevenueTotalAmt02003
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0829909
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01551671
IRS990/OtherSalariesAndWagesGrp/TotalAmt02381580
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt066413
IRS990/PayrollTaxesGrp/ProgramServicesAmt0124172
IRS990/PayrollTaxesGrp/TotalAmt0190585
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt037128
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt069417
IRS990/PensionPlanContributionsGrp/TotalAmt0106545
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013963
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08425
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MATTHEW A BREAZEALE
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/RelatedOrExemptFuncIncomeAmt04072693
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt180958
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt253208
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312128
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt410571
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04072693
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt180958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253208
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410571
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0344303
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0685
IRS990/PYOtherExpensesAmt01361732
IRS990/PYOtherRevenueAmt059864
IRS990/PYProgramServiceRevenueAmt03968052
IRS990/PYRevenuesLessExpensesAmt021818
IRS990/PYSalariesCompEmpBnftPaidAmt02989354
IRS990/PYTotalExpensesAmt04351086
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04372904
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt090324
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt023192
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04254753
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02383597
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02951397
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/BookValueAmt03848165
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02948188
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06796353
IRS990ScheduleD/EquipmentGrp/BookValueAmt076151
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0462938
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0539089
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04504876
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03016517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03016517
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0458319
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0243593
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0701912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SELF INSURED HEALTH INSURANCE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04595200
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, 2017, 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/TotalBookValueLandBuildingsAmt07399152
IRS990ScheduleD/TotalExpensesPerForm990Amt04504876
IRS990ScheduleD/TotalLiabilityAmt053732
IRS990ScheduleD/TotalRevenuePerForm990Amt04595200
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04595200
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04504876
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

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,501,948
Liabilities
$7,864,945
Net assets
$2,637,003
Revenue
$4,595,200
Expenses
$4,504,876
Net income
$90,324
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
2017Detailed filing. Detailed filing data is available for this year.$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