Civic Intelligence

Arthur Morgan School Inc.

990 • Fiscal year 2018 • EIN 56-2257100

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 12, 2018

60 Ams CircleBurnsville, NC 28714

(828) 675-4361

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

61st percentile

8.4%

Higher net margin than 61% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

58th percentile

6.2%

Faster asset growth than 58% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,011,969

Up $117,402 (+6.2%) from 2017

Net Assets

Up

$1,938,871

Up $99,199 (+5.4%) from 2017

Liabilities

Up

$73,098

Up $18,203 (+33%) from 2017

Revenue

Up

$522,461

Up $52,004 (+11%) from 2017

Expenses

Down

$478,438

Down $28,640 (-5.6%) from 2017

Net Income

Up

$44,023

Up $80,644 (+220%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,460,104Liabilities 2011: $38,225Net Assets 2011: $1,421,8792011Assets 2012: $1,515,878Liabilities 2012: $38,859Net Assets 2012: $1,477,0192012Assets 2013: $1,619,092Liabilities 2013: $41,181Net Assets 2013: $1,577,9112013Assets 2014: $1,875,366Liabilities 2014: $51,242Net Assets 2014: $1,824,1242014Assets 2015: $1,884,841Liabilities 2015: $84,306Net Assets 2015: $1,800,5352015Assets 2016: $1,832,314Liabilities 2016: $64,311Net Assets 2016: $1,768,0032016Assets 2017: $1,894,567Liabilities 2017: $54,895Net Assets 2017: $1,839,6722017Assets 2018: $2,011,969Liabilities 2018: $73,098Net Assets 2018: $1,938,8712018Assets 2019: $2,251,195Liabilities 2019: $70,017Net Assets 2019: $2,181,1782019Assets 2020: $2,656,846Liabilities 2020: $95,594Net Assets 2020: $2,561,2522020Assets 2021: $3,044,563Liabilities 2021: $129,889Net Assets 2021: $2,914,6742021Assets 2022: $2,963,266Liabilities 2022: $59,313Net Assets 2022: $2,903,9532022Assets 2023: $3,015,610Liabilities 2023: $44,673Net Assets 2023: $2,970,9372023Assets 2024: $3,354,254Liabilities 2024: $90,677Net Assets 2024: $3,263,5772024

Highlighted filing

2018

Assets$2,011,969
Liabilities$73,098
Net Assets$1,938,871

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $447,551Expenses 2011: $446,355Net Income 2011: $1,1962011Revenue 2012: $588,153Expenses 2012: $533,013Net Income 2012: $55,1402012Revenue 2013: $519,858Expenses 2013: $508,041Net Income 2013: $11,8172013Revenue 2014: $647,901Expenses 2014: $548,967Net Income 2014: $98,9342014Revenue 2015: $522,267Expenses 2015: $550,290Net Income 2015: -$28,0232015Revenue 2016: $454,887Expenses 2016: $525,589Net Income 2016: -$70,7022016Revenue 2017: $470,457Expenses 2017: $507,078Net Income 2017: -$36,6212017Revenue 2018: $522,461Expenses 2018: $478,438Net Income 2018: $44,0232018Revenue 2019: $755,898Expenses 2019: $513,591Net Income 2019: $242,3072019Revenue 2020: $911,260Expenses 2020: $531,188Net Income 2020: $380,0722020Revenue 2021: $999,670Expenses 2021: $646,247Net Income 2021: $353,4232021Revenue 2022: $922,940Expenses 2022: $621,102Net Income 2022: $301,8382022Revenue 2023: $660,732Expenses 2023: $613,849Net Income 2023: $46,8832023Revenue 2024: $525,658Expenses 2024: $660,717Net Income 2024: -$135,0592024

Highlighted filing

2018

Revenue$522,461
Expenses$478,438
Net Income$44,023
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$527,464
Mission and Program Overview

Mission

A private school - see attached supplementary schedule

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,196,395$1,299,795▲ $103,400
Land, Buildings, and Equipment, Net$481,042$454,844▼ $26,198
Savings and Temporary Cash Investments$185,584$203,133▲ $17,549
Cash and Non-Interest-Bearing Accounts$22,413$45,973▲ $23,560
Accounts Receivable$8,990$8,222▼ $768
Prepaid Expenses and Deferred Charges$143$2▼ $141
Total Assets$1,894,567$2,011,969▲ $117,402
Liabilities
Other Liabilities$53,801$64,306▲ $10,505
Accounts Payable and Accrued Expenses$1,094$8,792▲ $7,698
Total Liabilities$54,895$73,098▲ $18,203
Net Assets / Fund Balance
Unrestricted Net Assets$1,752,199$1,783,901▲ $31,702
Temporarily Rstr Net Assets$87,473$154,970▲ $67,497
Total Net Assets Fund Balance$1,839,672$1,938,871▲ $99,199
Total Liabilities and Net Assets / Fund Balance$1,894,567$2,011,969▲ $117,402

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$372,892$838,472$1,211,364
Land$81,952-$81,952

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,196,395-▲ $103,400-$1,299,795
2016$1,135,871-▲ $140,933-$1,196,395
2015$1,011,724$135,250▲ $42,388-$1,135,871
2014$997,248-▲ $18,433-$947,826
2013$892,562$10,605▲ $158,536-$997,248
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$189,394
Program Service Revenue
$246,221
Investment Income
$54,965
Other Revenue
$31,881
All Other Contributions
$189,394
Change in Net Assets
$44,023
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,828
Other Expenses$198,610
Total Fundraising Expense$29,818
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$193,653$38,730$25,820$258,203
Occupancy$50,707$2,897-$53,604
Depreciation Depletion$45,918--$45,918
Insurance$29,386--$29,386
Other Employee Benefits$21,625--$21,625
Advertising-$10,836-$10,836
Travel$8,597--$8,597
Other Expenses$1,713-$3,998$5,711
Office Expenses$1,180$2,533-$3,713
Conferences and Meetings$2,306--$2,306
Fees for Services Accounting-$1,750-$1,750
Information Technology$1,303$326-$1,629
All Other Expenses-$58-$58
Total Functional Expenses$391,490$57,130$29,818$478,438
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,117
Fundraising Direct Expenses$5,003
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tuition Deposits$47,300
Savings Deposits$14,875
Security Deposits$2,131
Student Activity Funds-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 governing body review Part VI line 11

It is the arthur morgan schools policy to provide a copy of the form 990 to all members of its governing body to review before filing the form. A finance committee and the board president review and approve the form 990 before it is filed with the irs. Ams has a written policy with clear procedures outlining the review and approval process.

Conflict of interest policy compliance Part VI line 12C

All board and staff members receive the ams conflict of interest policy and fill out disclosure statements annually. The organization has measures in place to ensure compliance with the conflict of interest policy, including full board approval of any transactions that might occur between related parties. No situations have occurred during the currrent year that have required reference to the conflict of interest policy.

CEO executive director top management comp Part VI line 15A

Ams has a compensation policy that is approved by the ams board of trustees. Any changes in compensation or hiring are approved annually at the january board meeting and are contemporaneously documented in meeting minutes. Ams is a community and democratic school run by staff consensus. There are no hierarchical organizational charts or highly compensated executives. Ams follows the quaker values of simplicity; salaries and living arrangements are modest. Board members are volunteers and receive no compensation.

Other officer or key employee compensation Part VI line 15B

Ams has a compensation policy that is approved by the ams board of trustees. Any changes in compensation or hiring are approved annually at the january board meeting and are contemporaneously documented in meeting minutes. Ams is a community and democratic school run by staff consensus. There are no hierarchical organizational charts or highly compensated executives. Ams follows the quaker values of simplicity; salaries and living arrangements are modest. Board members are volunteers and receive no compensation.

Governing documents etc available to public Part VI line 19

Ams believes they have an ethical obligation to their constituents and the public to conduct their activities with accountability and and transparency. Ams regularly and openly conveys information to the public about their mission, activities, accomplishments, governance and decision-making processes. In keeping with ams committment to transparency, our 990 is available for public viewing online with guidestar at www.guidestar.org.any policies and procedures or governing documents not available on guidestar are available for inspection and review by contacting the clerk in the ams office. Three methods are available: phone 828-675-4262, e-mail: [email protected], mail: 60 ams circle, burnsville, nc 28714

Filing and Contact Details

Filer

Filer Name
Arthur Morgan School Inc
EIN
56-2257100
Address
60 AMS CIRCLE, BURNSVILLE, NC 28714
Doing Business As
Arthur Morgan School Inc

Signing Officer

Name
Lynda Kinnane
Title
Chair
Phone
8286754361
Signed
2018-11-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Lynda Kinnane
Formed
2001
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
18

Preparer

Firm
Young Miller and Gillespie Pa
Address
PO BOX 723 215 OAK AVENUE, SPRUCE PINE, NC 28777
Preparer
Sharon Gillespie CPA
Phone
8287656444
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IRS990/Desc0ARTHUR MORGAN SCHOOL WAS ESTABLISHED IN 1962 AND CHARTERED IN 2001 TO PROVIDE A LEARNING ENVIRONMENT TAILORED FOR TEENAGERS. ADOLESCENCE IS AN ESPECIALLY CRUCIAL TIME IN A CHILDS DEVELOPMENT. THESE FORMATIVE YEARS ARE UNIQUELY ENHANCED BY OUR EMPHASIS ON THE DEVELOPMENT OF THE WHOLE PERSON THROUGH A COMBINATION OF STUDY, PRACTICAL EXPERIENCE, COMMUNITY LIVING, AND PERSONAL RESPONSIBILITY. TO THESE, FOUNDER ELIZABETH MORGAN ADDED HER OWN QUAKER VALUES OF SIMPLE LIVING, CONSENSUS DECISION-MAKING AND NON-VIOLENT CONFLICT RESOLUTION TO CREATE A UNIQUE EDUCATIONAL ENVIRONMENT. AMS HAS KEPT TRUE TO ITS MISSION, RISING ALWAYS TO MEET THE NEEDS OF THE MOMENT AND ALWAYS PUTTING THE BEST INTERESTS OF ITS STUDENTS FIRST AND FOREMOST. TODAY, AS WE PASS THE SCHOOLS HALF-CENTURY MARK, WE CONTINUE TO HONOR OUR HERITAGE AND TO PREPARE OUR STUDENTS FOR LIFELONG LEARNING AND RESPONSIBLE LIVING IN THIS CHANGING WORLD.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021625
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021625
IRS990/OtherExpensesGrp/Desc0ACADEMIC EXPENSE
IRS990/OtherExpensesGrp/Desc1KITCHEN
IRS990/OtherExpensesGrp/Desc2GARDEN AND OUTDOOR
IRS990/OtherExpensesGrp/Desc3DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt03998
IRS990/OtherExpensesGrp/ProgramServicesAmt04392
IRS990/OtherExpensesGrp/ProgramServicesAmt120605
IRS990/OtherExpensesGrp/ProgramServicesAmt210105
IRS990/OtherExpensesGrp/ProgramServicesAmt31713
IRS990/OtherExpensesGrp/TotalAmt04392
IRS990/OtherExpensesGrp/TotalAmt120605
IRS990/OtherExpensesGrp/TotalAmt210105
IRS990/OtherExpensesGrp/TotalAmt35711
IRS990/OtherLiabilitiesGrp/BOYAmt053801
IRS990/OtherLiabilitiesGrp/EOYAmt064306
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOU
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06016
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06016
IRS990/OtherRevenueTotalAmt06016
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt025820
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt038730
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0193653
IRS990/OtherSalariesAndWagesGrp/TotalAmt0258203
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0143
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02
IRS990/PrincipalOfficerNm0LYNDA KINNANE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1KITCHENGARDENPROMOTIO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0242188
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0242188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14033
IRS990/ProgSrvcAccomActy2Grp/Desc0STUDENT EXPENSES INCLUDE STUDENT BOARDING, INTERN STIPEND, TEACHING STAFF, INSTRUCTIONAL EXPENSES, AND OUTDOOR EXPENSES-FIELD TRIPS ETC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt039121
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt054127
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt048957
IRS990/PYOtherExpensesAmt0203009
IRS990/PYOtherRevenueAmt042932
IRS990/PYProgramServiceRevenueAmt0324441
IRS990/PYRevenuesLessExpensesAmt0-36621
IRS990/PYSalariesCompEmpBnftPaidAmt0304069
IRS990/PYTotalExpensesAmt0507078
IRS990/PYTotalRevenueAmt0470457
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt044023
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt025751
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0185584
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0203133
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01196395
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01299795
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103400
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01135871
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01196395
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt080409
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0140933
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01011724
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0135250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01135871
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt053491
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt042388
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt09755
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0997248
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0947826
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt058100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt018433
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt09205
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0892562
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt010605
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0997248
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt055250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0158536
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/LandGrp/BookValueAmt081952
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt081952
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0372892
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0838472
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01211364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TUITION DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SAVINGS DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3STUDENT ACTIVITY FUNDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0454844
IRS990ScheduleD/TotalLiabilityAmt064306
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/ExplanationTxt0SEE ATTACHED
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT IS THE ARTHUR MORGAN SCHOOLS POLICY TO PROVIDE A COPY OF THE FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY TO REVIEW BEFORE FILING THE FORM. A FINANCE COMMITTEE AND THE BOARD PRESIDENT REVIEW AND APPROVE THE FORM 990 BEFORE IT IS FILED WITH THE IRS. AMS HAS A WRITTEN POLICY WITH CLEAR PROCEDURES OUTLINING THE REVIEW AND APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD AND STAFF MEMBERS RECEIVE THE AMS CONFLICT OF INTEREST POLICY AND FILL OUT DISCLOSURE STATEMENTS ANNUALLY. THE ORGANIZATION HAS MEASURES IN PLACE TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, INCLUDING FULL BOARD APPROVAL OF ANY TRANSACTIONS THAT MIGHT OCCUR BETWEEN RELATED PARTIES. NO SITUATIONS HAVE OCCURRED DURING THE CURRRENT YEAR THAT HAVE REQUIRED REFERENCE TO THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AMS HAS A COMPENSATION POLICY THAT IS APPROVED BY THE AMS BOARD OF TRUSTEES. ANY CHANGES IN COMPENSATION OR HIRING ARE APPROVED ANNUALLY AT THE JANUARY BOARD MEETING AND ARE CONTEMPORANEOUSLY DOCUMENTED IN MEETING MINUTES. AMS IS A COMMUNITY AND DEMOCRATIC SCHOOL RUN BY STAFF CONSENSUS. THERE ARE NO HIERARCHICAL ORGANIZATIONAL CHARTS OR HIGHLY COMPENSATED EXECUTIVES. AMS FOLLOWS THE QUAKER VALUES OF SIMPLICITY; SALARIES AND LIVING ARRANGEMENTS ARE MODEST. BOARD MEMBERS ARE VOLUNTEERS AND RECEIVE NO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AMS HAS A COMPENSATION POLICY THAT IS APPROVED BY THE AMS BOARD OF TRUSTEES. ANY CHANGES IN COMPENSATION OR HIRING ARE APPROVED ANNUALLY AT THE JANUARY BOARD MEETING AND ARE CONTEMPORANEOUSLY DOCUMENTED IN MEETING MINUTES. AMS IS A COMMUNITY AND DEMOCRATIC SCHOOL RUN BY STAFF CONSENSUS. THERE ARE NO HIERARCHICAL ORGANIZATIONAL CHARTS OR HIGHLY COMPENSATED EXECUTIVES. AMS FOLLOWS THE QUAKER VALUES OF SIMPLICITY; SALARIES AND LIVING ARRANGEMENTS ARE MODEST. BOARD MEMBERS ARE VOLUNTEERS AND RECEIVE NO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AMS BELIEVES THEY HAVE AN ETHICAL OBLIGATION TO THEIR CONSTITUENTS AND THE PUBLIC TO CONDUCT THEIR ACTIVITIES WITH ACCOUNTABILITY AND AND TRANSPARENCY. AMS REGULARLY AND OPENLY CONVEYS INFORMATION TO THE PUBLIC ABOUT THEIR MISSION, ACTIVITIES, ACCOMPLISHMENTS, GOVERNANCE AND DECISION-MAKING PROCESSES. IN KEEPING WITH AMS COMMITTMENT TO TRANSPARENCY, OUR 990 IS AVAILABLE FOR PUBLIC VIEWING ONLINE WITH GUIDESTAR AT WWW.GUIDESTAR.ORG.ANY POLICIES AND PROCEDURES OR GOVERNING DOCUMENTS NOT AVAILABLE ON GUIDESTAR ARE AVAILABLE FOR INSPECTION AND REVIEW BY CONTACTING THE CLERK IN THE AMS OFFICE. THREE METHODS ARE AVAILABLE: PHONE 828-675-4262, E-MAIL: [email protected], MAIL: 60 AMS CIRCLE, BURNSVILLE, NC 28714
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt087473
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0154970
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01894567
IRS990/TotalAssetsEOYAmt02011969
IRS990/TotalAssetsGrp/BOYAmt01894567
IRS990/TotalAssetsGrp/EOYAmt02011969
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0189394
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029818
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057130
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0391490
IRS990/TotalFunctionalExpensesGrp/TotalAmt0478438
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054895
IRS990/TotalLiabilitiesEOYAmt073098
IRS990/TotalLiabilitiesGrp/BOYAmt054895
IRS990/TotalLiabilitiesGrp/EOYAmt073098
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01839672
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01938871
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0391490
IRS990/TotalProgramServiceRevenueAmt0246221
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt055079
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0277988
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0522461
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.09$3.26$0.53$0.66$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.02$0.04$2.97$0.66$0.61$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.96$0.06$2.90$0.92$0.62$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.13$2.91$1.00$0.65$0.35
2020Detailed filing. Detailed filing data is available for this year.$2.66$0.10$2.56$0.91$0.53$0.38
2019Detailed filing. Detailed filing data is available for this year.$2.25$0.07$2.18$0.76$0.51$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.01$0.07$1.94$0.52$0.48$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.89$0.05$1.84$0.47$0.51$0.04
2016Summary only. Only limited summary data is available for this year.$1.83$0.06$1.77$0.45$0.53$0.07
2015Summary only. Only limited summary data is available for this year.$1.88$0.08$1.80$0.52$0.55$0.03
2014Summary only. Only limited summary data is available for this year.$1.88$0.05$1.82$0.65$0.55$0.10
2013Summary only. Only limited summary data is available for this year.$1.62$0.04$1.58$0.52$0.51$0.01
2012Summary only. Only limited summary data is available for this year.$1.52$0.04$1.48$0.59$0.53$0.06
2011Summary only. Only limited summary data is available for this year.$1.46$0.04$1.42$0.45$0.45$0.00