Civic Intelligence

Kerr-Vance Academy Inc

990 • Fiscal year 2014 • EIN 56-6085497

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 17, 2014

Organization ProfileWWW.KERRVANCE.COM

View Organization Page

700 Kerr Vance Academy Road27536

(252) 492-0018

Siviq Scores

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

Liabilities / Assets

94th percentile

1.20x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

86th percentile

1.23x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

22nd percentile

-8.7%

Higher net margin than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

78th percentile

$122,681

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

17th percentile

-6.5%

Faster asset growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-17%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$2,998,980

Down $208,358 (-6.5%) from 2013

Net Assets

Down

-$597,607

Down $252,499 (-73%) from 2013

Liabilities

Up

$3,596,587

Up $44,141 (+1.2%) from 2013

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin22nd percentile

Revenue

Down

$2,914,132

Down $602,224 (-17%) from 2013

Expenses

Down

$3,166,631

Down $273,475 (-7.9%) from 2013

Net Income

Down

-$252,499

Down $328,749 (-431%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2012: $3,441,954Liabilities 2012: $3,863,312Net Assets 2012: -$421,3582012Assets 2013: $3,207,338Liabilities 2013: $3,552,446Net Assets 2013: -$345,1082013Assets 2014: $2,998,980Liabilities 2014: $3,596,587Net Assets 2014: -$597,6072014Assets 2015: $2,998,719Liabilities 2015: $3,086,035Net Assets 2015: -$87,3162015Assets 2016: $2,843,080Liabilities 2016: $2,806,747Net Assets 2016: $36,3332016Assets 2017: $2,609,682Liabilities 2017: $2,623,802Net Assets 2017: -$14,1202017Assets 2018: $2,843,718Liabilities 2018: $2,927,194Net Assets 2018: -$83,4762018Assets 2019: $2,432,344Liabilities 2019: $2,315,452Net Assets 2019: $116,8922019Assets 2020: $2,677,662Liabilities 2020: $2,048,929Net Assets 2020: $628,7332020Assets 2021: $2,635,444Liabilities 2021: $2,168,820Net Assets 2021: $466,6242021Assets 2022: $1,797,326Liabilities 2022: $574,957Net Assets 2022: $1,222,3692022Assets 2023: $1,992,578Liabilities 2023: $208,840Net Assets 2023: $1,783,7382023Assets 2024: $2,400,573Liabilities 2024: $189,892Net Assets 2024: $2,210,6812024

Highlighted filing

2014

Assets$2,998,980
Liabilities$3,596,587
Net Assets-$597,607
Open 2014 Filing

Operations Trend

Revenue Growth15th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $3,614,173Expenses 2012: $3,790,621Net Income 2012: -$176,4482012Revenue 2013: $3,516,356Expenses 2013: $3,440,106Net Income 2013: $76,2502013Revenue 2014: $2,914,132Expenses 2014: $3,166,631Net Income 2014: -$252,4992014Revenue 2015: $3,043,793Expenses 2015: $2,533,341Net Income 2015: $510,4522015Revenue 2016: $2,627,428Expenses 2016: $2,503,779Net Income 2016: $123,6492016Revenue 2017: $2,328,219Expenses 2017: $2,378,672Net Income 2017: -$50,4532017Revenue 2018: $2,179,425Expenses 2018: $2,248,781Net Income 2018: -$69,3562018Revenue 2019: $2,257,073Expenses 2019: $2,132,193Net Income 2019: $124,8802019Revenue 2020: $2,441,839Expenses 2020: $1,929,998Net Income 2020: $511,8412020Revenue 2021: $1,584,516Expenses 2021: $1,746,625Net Income 2021: -$162,1092021Revenue 2022: $2,267,457Expenses 2022: $1,511,712Net Income 2022: $755,7452022Revenue 2023: $2,063,762Expenses 2023: $1,502,393Net Income 2023: $561,3692023Revenue 2024: $2,462,629Expenses 2024: $2,035,686Net Income 2024: $426,9432024

Highlighted filing

2014

Revenue$2,914,132
Expenses$3,166,631
Net Income-$252,499
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 17, 2014
Return Version
2013v3.0
Gross Receipts
$2,923,555
Mission and Program Overview

Mission

We, at kerr-vance academy, strive to provide for our students an intensive liberal arts college preparatory program in a safe atmosphere, where all are treated respectfully. We endeavor to maintain high expectations while actively engaging our students in learning. Further, we strive to foster intellectual curiosity, concern for others, physical development, creativity, and social and moral values.

Private school grades pre-k - 12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,991,844$2,850,057▼ $141,787
Savings and Temporary Cash Investments$178,247$98,717▼ $79,530
Accounts Receivable$31,295$40,234▲ $8,939
Prepaid Expenses and Deferred Charges$5,647$9,667▲ $4,020
Cash and Non-Interest-Bearing Accounts$305$305→ $0
Total Assets$3,207,338$2,998,980▼ $208,358
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,346,981$2,445,203▲ $98,222
Deferred Revenue$798,645$761,662▼ $36,983
Accounts Payable and Accrued Expenses$331,465$305,341▼ $26,124
Other Liabilities$75,355$84,381▲ $9,026
Total Liabilities$3,552,446$3,596,587▲ $44,141
Net Assets / Fund Balance
Permanently Rstr Net Assets$58,407$43,407▼ $15,000
Temporarily Rstr Net Assets$99,748$19,345▼ $80,403
Unrestricted Net Assets$-503,263$-660,359▼ $157,096
Total Net Assets Fund Balance$-345,108$-597,607▼ $252,499
Total Liabilities and Net Assets / Fund Balance$3,207,338$2,998,980▼ $208,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,629,691$2,551,951$5,181,642
Equipment$43,553$1,123,534$1,167,087
Other Land Buildings$85,635$184,558$270,193
Land$91,178-$91,178
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Paul VillaticoHeadmasterFT$122,681$122,681

Board Members and Trustees

NameTitle
Bill TippettPresident
Kyle HicksVice President
Ann Marie WhiteTrustee
Brantley MurphyTrustee
C F KnottTrustee
Curtis AveretteTrustee
Eddie EllingtonTrustee
J J CarrTrustee
Steve SimmonsTrustee
Ted EcholsTrustee
Amy WilliamsSecretary
Amy WattsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$162,908
Program Service Revenue
$2,628,394
Investment Income
$323
Other Revenue
$122,507
All Other Contributions
$162,908
Change in Net Assets
$-252,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,305,282
Other Expenses$861,349
Total Fundraising Expense$604
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,745,591$223,767-$1,969,358
Occupancy-$199,839-$199,839
Payroll Taxes$139,297$24,582-$163,879
Depreciation Depletion-$141,787-$141,787
All Other Expenses$110,172$26,993-$137,165
Interest-$128,105-$128,105
Current Officers, Directors, Trustees, and Key Employees-$122,681-$122,681
Other Expenses$38,274$38,603-$38,274
Insurance-$37,575-$37,575
Other Employee Benefits$25,169$4,441-$29,610
Office Expenses-$25,173-$25,173
Pension Plan Contributions$16,791$2,963-$19,754
Travel-$9,600-$9,600
Advertising-$3,882$604$4,486
Total Functional Expenses$2,136,650$1,029,377$604$3,166,631
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$54,457
Fundraising Direct Expenses$9,423
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$54,203$54,203$6,858$47,345
Total Events$54,203$54,203$6,858$47,345
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Various Classroom Funds$84,381
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members are comprised of the parents and guardians of currently enrolled students. There is no limit on the number of members.”

Form 990, Part VI, Section A, Line 7A

“Members of the governing body (trustees) are elected by members of the organization at the annual meeting. Trustees serve for a period of three years.”

Form 990, Part VI, Section A, Line 7B

“The only decision of the governing body that requires approval of members is a change in bylaws.”

Form 990, Part VI, Section B, Line 11

“The annual financial statement and 990 is presented to the members for approval at annual meeting”

Form 990, Part VI, Section B, Line 15

“Organization uses guidelines set forth by the nc association of independent schools”

Form 990, Part VI, Section C, Line 19

“Organization uses its website and open meetings”

Filing and Contact Details

Filer

EIN
56-6085497
Phone
2524920018

Signing Officer

Name
Amy Watts
Title
Treasurer
Phone
2524920018
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Watts
Formed
1967
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
79
Volunteers
0

Preparer

Preparer
Janet N Green
Phone
2524388154
Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0WE, AT KERR VANCE ACADEMY, STRIVE TO PROVIDE FOR OUR STUDENTS AN INTENSIVE LIBERAL ARTS COLLEGE PREPARATORY PROGRAM IN A SAFE ATMOSPHERE, WHERE ALL ARE TREATED RESPECTFULLY. WE ENDEAVOR TO MAINTAIN HIGH EXPECTATIONS WHILE ACTIVELY ENGAGING OUR STUDENTS IN LEARNING.FURTHER, WE STRIVE TO FOSTER INTELLECTUAL CURIOSITY, CONCERN FOR OTHERS, PHYSICAL DEVELOPMENT, CREATIVITY, AND SOCIAL AND MORAL VALUES.
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0199839
IRS990/OccupancyGrp/TotalAmt0199839
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025173
IRS990/OfficeExpensesGrp/TotalAmt025173
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04441
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025169
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029610
IRS990/OtherExpensesGrp/Desc0CAFETERIA EXPENSE
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENT/MAINTENA
IRS990/OtherExpensesGrp/Desc3ATHLETIC PROGRAMS EXPEN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt039386
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138603
IRS990/OtherExpensesGrp/ProgramServicesAmt061356
IRS990/OtherExpensesGrp/ProgramServicesAmt138274
IRS990/OtherExpensesGrp/TotalAmt061356
IRS990/OtherExpensesGrp/TotalAmt139386
IRS990/OtherExpensesGrp/TotalAmt238603
IRS990/OtherExpensesGrp/TotalAmt338274
IRS990/OtherLiabilitiesGrp/BOYAmt075355
IRS990/OtherLiabilitiesGrp/EOYAmt084381
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1611600
IRS990/OtherRevenueMiscGrp/BusinessCd2611600
IRS990/OtherRevenueMiscGrp/Desc0SPORTS INCOME FEE
IRS990/OtherRevenueMiscGrp/Desc1BOOSTER CLUB
IRS990/OtherRevenueMiscGrp/Desc2SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt040800
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt116866
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt23339
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt040800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt116866
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt23339
IRS990/OtherRevenueTotalAmt073433
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0223767
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01745591
IRS990/OtherSalariesAndWagesGrp/TotalAmt01969358
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024582
IRS990/PayrollTaxesGrp/ProgramServicesAmt0139297
IRS990/PayrollTaxesGrp/TotalAmt0163879
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02963
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016791
IRS990/PensionPlanContributionsGrp/TotalAmt019754
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt058407
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt043407
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05647
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09667
IRS990/PrincipalOfficerNm0AMY WATTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LITTLE SPARTANS DAYCAR
IRS990/ProgramServiceRevenueGrp/Desc3AFTER SCHOOL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4BUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02401710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt196981
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt295413
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt319590
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt414700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02401710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt196981
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt295413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt319590
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414700
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0202799
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0529
IRS990/PYOtherExpensesAmt0968250
IRS990/PYOtherRevenueAmt0103113
IRS990/PYProgramServiceRevenueAmt03209915
IRS990/PYRevenuesLessExpensesAmt076250
IRS990/PYSalariesCompEmpBnftPaidAmt02471856
IRS990/PYTotalExpensesAmt03440106
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03516356
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-252499
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04040
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02701827
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178247
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098717
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/BookValueAmt02629691
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02551951
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05181642
IRS990ScheduleD/EquipmentGrp/BookValueAmt043553
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01123534
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01167087
IRS990ScheduleD/LandGrp/BookValueAmt091178
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt091178
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt085635
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0184558
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0270193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt084381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0VARIOUS CLASSROOM FUNDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02850057
IRS990ScheduleD/TotalLiabilityAmt084381
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/ExplanationTxt0NOTICE OF NONDISCRIMINATION POLICY IN LOCAL NEWSPAPERS OF VARIOUS COMMUNITIES SERVED BY THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06858
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt054203
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054203
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt054203
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt054203
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0REVERSE RAFFLE
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt047345
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06858
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06858
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ARE COMPRISED OF THE PARENTS AND GUARDIANS OF CURRENTLY ENROLLED STUDENTS. THERE IS NO LIMIT ON THE NUMBER OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE GOVERNING BODY (TRUSTEES) ARE ELECTED BY MEMBERS OF THE ORGANIZATION AT THE ANNUAL MEETING. TRUSTEES SERVE FOR A PERIOD OF THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ONLY DECISION OF THE GOVERNING BODY THAT REQUIRES APPROVAL OF MEMBERS IS A CHANGE IN BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ANNUAL FINANCIAL STATEMENT AND 990 IS PRESENTED TO THE MEMBERS FOR APPROVAL AT ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION USES GUIDELINES SET FORTH BY THE NC ASSOCIATION OF INDEPENDENT SCHOOLS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION USES ITS WEBSITE AND OPEN MEETINGS

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,998,980
Liabilities
$3,596,587
Net assets
-$597,607
Revenue
$2,914,132
Expenses
$3,166,631
Net income
-$252,499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.19$2.21$2.46$2.04$0.43
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.21$1.78$2.06$1.50$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.57$1.22$2.27$1.51$0.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$2.17$0.47$1.58$1.75$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$2.05$0.63$2.44$1.93$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$2.32$0.12$2.26$2.13$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$2.93$0.08$2.18$2.25$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$2.62$0.01$2.33$2.38$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.84$2.81$0.04$2.63$2.50$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.00$3.09$0.09$3.04$2.53$0.51
2014Detailed filing. Detailed filing data is available for this year.$3.00$3.60$0.60$2.91$3.17$0.25
2013Summary only. Only limited summary data is available for this year.$3.21$3.55$0.35$3.52$3.44$0.08
2012Summary only. Only limited summary data is available for this year.$3.44$3.86$0.42$3.61$3.79$0.18
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits