Civic Intelligence

Victory Charter School Inc

990 • Fiscal year 2021 • EIN 56-2423033

Jul 01, 2020 to Jun 30, 2021 • Filed on Aug 25, 2021

Organization Profilewww.victorycharterschool.com
PO Box 3454Nampa, ID 83653

(208) 442-9400

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.58x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

1.37x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

55th percentile

15%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

45th percentile

$108,022

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

53rd percentile

11%

Faster asset growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

14%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$9,790,546

Up $962,185 (+11%) from 2020

Net Assets

Up

$4,103,147

Up $648,488 (+19%) from 2020

Liabilities

Up

$5,687,399

Up $313,697 (+5.8%) from 2020

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin55th percentile

Revenue

Up

$4,152,070

Up $523,488 (+14%) from 2020

Expenses

Up

$3,526,806

Up $738,872 (+27%) from 2020

Net Income

Down

$625,264

Down $215,384 (-26%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$15M$10M$5.0M$0Assets 2011: $6,433,168Liabilities 2011: $5,422,161Net Assets 2011: $1,011,0072011Assets 2012: $6,196,300Liabilities 2012: $5,243,122Net Assets 2012: $953,1782012Assets 2013: $6,023,469Liabilities 2013: $4,904,518Net Assets 2013: $1,118,9512013Assets 2014: $6,087,902Liabilities 2014: $4,854,770Net Assets 2014: $1,233,1322014Assets 2015: $6,485,416Liabilities 2015: $5,527,689Net Assets 2015: $957,7272015Assets 2016: $6,957,759Liabilities 2016: $5,577,924Net Assets 2016: $1,379,8352016Assets 2017: $7,604,916Liabilities 2017: $6,268,162Net Assets 2017: $1,336,7542017Assets 2018: $7,706,185Liabilities 2018: $5,801,771Net Assets 2018: $1,904,4142018Assets 2019: $8,256,998Liabilities 2019: $5,642,987Net Assets 2019: $2,614,0112019Assets 2020: $8,828,361Liabilities 2020: $5,373,702Net Assets 2020: $3,454,6592020Assets 2021: $9,790,546Liabilities 2021: $5,687,399Net Assets 2021: $4,103,1472021Assets 2022: $10,894,686Liabilities 2022: $5,574,848Net Assets 2022: $5,319,8382022Assets 2023: $11,610,704Liabilities 2023: $5,892,841Net Assets 2023: $5,717,8632023Assets 2024: $14,841,617Liabilities 2024: $8,161,342Net Assets 2024: $6,680,2752024Assets 2025: $14,810,683Liabilities 2025: $7,661,570Net Assets 2025: $7,149,1132025

Highlighted filing

2021

Assets$9,790,546
Liabilities$5,687,399
Net Assets$4,103,147
Open 2021 Filing

Operations Trend

Revenue Growth54th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,556,9042011Expenses 2012: $2,580,7122012Expenses 2013: $2,609,6432013Revenue 2014: $2,695,892Expenses 2014: $2,581,711Net Income 2014: $114,1812014Revenue 2015: $2,948,251Expenses 2015: $2,547,009Net Income 2015: $401,2422015Revenue 2016: $2,973,086Expenses 2016: $2,550,978Net Income 2016: $422,1082016Revenue 2017: $3,220,789Expenses 2017: $3,263,870Net Income 2017: -$43,0812017Revenue 2018: $3,366,771Expenses 2018: $2,799,111Net Income 2018: $567,6602018Revenue 2019: $3,599,597Expenses 2019: $2,890,000Net Income 2019: $709,5972019Revenue 2020: $3,628,582Expenses 2020: $2,787,934Net Income 2020: $840,6482020Revenue 2021: $4,152,070Expenses 2021: $3,526,806Net Income 2021: $625,2642021Revenue 2022: $4,367,011Expenses 2022: $3,150,320Net Income 2022: $1,216,6912022Revenue 2023: $4,057,840Expenses 2023: $3,659,815Net Income 2023: $398,0252023Revenue 2024: $5,064,703Expenses 2024: $4,102,291Net Income 2024: $962,4122024Revenue 2025: $4,904,156Expenses 2025: $4,435,318Net Income 2025: $468,8382025

Highlighted filing

2021

Revenue$4,152,070
Expenses$3,526,806
Net Income$625,264
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Aug 25, 2021
Return Version
2020v4.0
Gross Receipts
$4,152,070
Mission and Program Overview

Mission

Public Education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,737,713$4,702,247▼ $35,466
Savings and Temporary Cash Investments$3,490,121$4,188,545▲ $698,424
Pledges and Grants Receivable$177,416$340,514▲ $163,098
Cash and Non-Interest-Bearing Accounts$190,801$175,538▼ $15,263
Prepaid Expenses and Deferred Charges-$689-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,828,361$9,790,546▲ $962,185
Other Assets Total$232,310$383,013▲ $150,703
Liabilities
Tax Exempt Bond Liabilities$4,195,000$4,055,000▼ $140,000
Other Liabilities$936,567$1,289,907▲ $353,340
Accounts Payable and Accrued Expenses$240,202$254,389▲ $14,187
Deferred Revenue$1,933$88,103▲ $86,170
Total Liabilities$5,373,702$5,687,399▲ $313,697
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,454,659$4,103,147▲ $648,488
Total Net Assets Fund Balance$3,454,659$4,103,147▲ $648,488
Total Liabilities and Net Assets / Fund Balance$8,828,361$9,790,546▲ $962,185

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,477,028$1,397,266$4,874,294
Land$1,188,878-$1,188,878
Equipment$36,341$132,407$168,748
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marianne SaundersCo-AdminFT$96,500$11,522$108,022
Tera LuceCo-AdminFT$87,077$10,684$97,761

Board Members and Trustees

NameTitle
Leslie MauldinChair
Sandy ColbertVice Chair
Darren McKenzieBoard Member
Ebe AmaechiBoard Member
Susan LarsonSec./Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,137,490
Program Service Revenue
$0
Investment Income
$14,580
Other Revenue
$0
All Other Contributions
$59,511
Change in Net Assets
$625,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,152,070
Total Revenue per Audited Statements
$4,152,070
Total Revenue per Form 990
$4,152,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,123,595
Other Expenses$1,403,211
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,490,424--$1,490,424
Interest$189,839--$189,839
Current Officers, Directors, Trustees, and Key Employees-$189,000-$189,000
Pension Plan Contributions$164,056$22,567-$186,623
Occupancy$132,218$14,691-$146,909
Other Employee Benefits$115,316$13,757-$129,073
Payroll Taxes$113,890$14,585-$128,475
Depreciation Depletion$101,784--$101,784
Other Expenses$77,168$65,286-$77,168
Insurance$24,857$2,762-$27,619
Fees for Services Accounting-$7,288-$7,288
Fees for Services Legal-$215-$215
Total Functional Expenses$3,196,655$330,151$0$3,526,806

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,526,806
Total Expenses per Audited Statements$3,526,806
Total Expenses per Form 990$3,526,806
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$936,702
Bond Premium$322,620
Deferred Inflows - Pension Sources$30,585

Bond Issues

BondIssuerIssuedIssue PricePurpose
AVictory Charter School2016-08-31$4,355,000Refund 7/8/09 & 7/9/08 Bonds.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,762,529$4,331,226$300,000$83,303

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is reviewed by designated finance personnel and the governing board prior to filing.”

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

“Monitoring and enforcing of potential conflicts of interest is performed by employees and board members disclosing annually whether any potential conflicts of interest exist.”

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

“All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.”

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

“Public information documents are made available either on the website or upon request.”

Filing and Contact Details

Filer

Filer Name
Victory Charter School Inc
EIN
56-2423033
Phone
2084429400
Address
PO Box 3454, Nampa, ID 83653

Signing Officer

Name
Leslie Mauldin
Title
Chair
Signed
2021-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leslie Mauldin
Formed
2003
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
5
Employees
58
Volunteers
53

Preparer

Firm
Quest Cpas Pllc
Address
11501 HIGHWAY 95, PAYETTE, ID 83661
Preparer
Kurt R Folke
Phone
2086421417
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013757
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0115316
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0129073
IRS990/OtherExpensesGrp/Desc0Curriculum & Supplies
IRS990/OtherExpensesGrp/Desc1Student Transportation
IRS990/OtherExpensesGrp/Desc2Student Meals
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt065286
IRS990/OtherExpensesGrp/ProgramServicesAmt0587573
IRS990/OtherExpensesGrp/ProgramServicesAmt1199530
IRS990/OtherExpensesGrp/ProgramServicesAmt277168
IRS990/OtherExpensesGrp/TotalAmt0652859
IRS990/OtherExpensesGrp/TotalAmt1199530
IRS990/OtherExpensesGrp/TotalAmt277168
IRS990/OtherLiabilitiesGrp/BOYAmt0936567
IRS990/OtherLiabilitiesGrp/EOYAmt01289907
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01490424
IRS990/OtherSalariesAndWagesGrp/TotalAmt01490424
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014585
IRS990/PayrollTaxesGrp/ProgramServicesAmt0113890
IRS990/PayrollTaxesGrp/TotalAmt0128475
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt022567
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0164056
IRS990/PensionPlanContributionsGrp/TotalAmt0186623
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0177416
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0340514
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0689
IRS990/PrincipalOfficerNm0Leslie Mauldin
IRS990/PriorPeriodAdjustmentsAmt023224
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03567582
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt061000
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0891949
IRS990/PYRevenuesLessExpensesAmt0840648
IRS990/PYSalariesCompEmpBnftPaidAmt01895985
IRS990/PYTotalExpensesAmt02787934
IRS990/PYTotalRevenueAmt03628582
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0625264
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03490121
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04188545
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03477028
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01397266
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04874294
IRS990ScheduleD/EquipmentGrp/BookValueAmt036341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132407
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0168748
IRS990ScheduleD/ExpensesSubtotalAmt03526806
IRS990ScheduleD/LandGrp/BookValueAmt01188878
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01188878
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0322620
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130585
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2936702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Bond Premium
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Inflows - Pension Sources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net Pension Liability
IRS990ScheduleD/RevenueSubtotalAmt04152070
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04702247
IRS990ScheduleD/TotalExpensesPerForm990Amt03526806
IRS990ScheduleD/TotalLiabilityAmt01289907
IRS990ScheduleD/TotalRevenuePerForm990Amt04152070
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04152070
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03526806
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0As a state chartered public school policy communications are the same as required for traditional public school districts and are accomplished during admissions and through ongoing publications.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1The school is a state chartered public school and receives substantially all of its support from the Idaho State Department of Education.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt08/31/16 bond proceeds were $407,529 greater than the issue price due to the bond premium.The date the last rebate computation was performed was August 20, 2020.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-08-31
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0562423033
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum045129GCR4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt04355000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Victory Charter School
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Refund 7/8/09 & 7/9/08 Bonds.
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0348000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt083303
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt04331226
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt0300000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02016
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt04762529
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by designated finance personnel and the governing board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Monitoring and enforcing of potential conflicts of interest is performed by employees and board members disclosing annually whether any potential conflicts of interest exist.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All salaries, including those for management and key personnel, are integrated with the state salary funding formula and are independently reviewed, approved, and documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Public information documents are made available either on the website or upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt04195000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt04055000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,790,546
Liabilities
$5,687,399
Net assets
$4,103,147
Revenue
$4,152,070
Expenses
$3,526,806
Net income
$625,264
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$7.66$7.15$4.90$4.44$0.47
2024Detailed filing. Detailed filing data is available for this year.$14.8$8.16$6.68$5.06$4.10$0.96
2023Detailed filing. Detailed filing data is available for this year.$11.6$5.89$5.72$4.06$3.66$0.40
2022Detailed filing. Detailed filing data is available for this year.$10.9$5.57$5.32$4.37$3.15$1.22
2021Detailed filing. Detailed filing data is available for this year.$9.79$5.69$4.10$4.15$3.53$0.63
2020Detailed filing. Detailed filing data is available for this year.$8.83$5.37$3.45$3.63$2.79$0.84
2019Detailed filing. Detailed filing data is available for this year.$8.26$5.64$2.61$3.60$2.89$0.71
2018Detailed filing. Detailed filing data is available for this year.$7.71$5.80$1.90$3.37$2.80$0.57
2017Detailed filing. Detailed filing data is available for this year.$7.60$6.27$1.34$3.22$3.26$0.04
2016Detailed filing. Detailed filing data is available for this year.$6.96$5.58$1.38$2.97$2.55$0.42
2015Detailed filing. Detailed filing data is available for this year.$6.49$5.53$0.96$2.95$2.55$0.40
2014Detailed filing. Detailed filing data is available for this year.$6.09$4.85$1.23$2.70$2.58$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.02$4.90$1.12$2.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.20$5.24$0.95$2.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$5.42$1.01$2.56