Civic Intelligence

Kerr-Vance Academy Inc

990 • Fiscal year 2018 • EIN 56-6085497

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 20, 2018

Organization ProfileWWW.KERRVANCE.COM

View Organization Page

700 Kerr Vance Academy RoadHenderson, NC 27536

(252) 492-0018

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.03x

Higher debt load relative to assets than 92% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

1.34x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$96,053

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

70th percentile

9.0%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-6.4%

Faster revenue growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$2,843,718

Up $234,036 (+9.0%) from 2017

Net Assets

Down

-$83,476

Down $69,356 (-491%) from 2017

Liabilities

Up

$2,927,194

Up $303,392 (+12%) from 2017

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin31st percentile

Revenue

Down

$2,179,425

Down $148,794 (-6.4%) from 2017

Expenses

Down

$2,248,781

Down $129,891 (-5.5%) from 2017

Net Income

Down

-$69,356

Down $18,903 (-37%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2018

Assets$2,843,718
Liabilities$2,927,194
Net Assets-$83,476
Open 2018 Filing

Operations Trend

Revenue Growth26th 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

2018

Revenue$2,179,425
Expenses$2,248,781
Net Income-$69,356
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$2,201,618
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 through 12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,454,632$2,328,616▼ $126,016
Savings and Temporary Cash Investments$144,988$469,814▲ $324,826
Accounts Receivable$2,689$27,830▲ $25,141
Prepaid Expenses and Deferred Charges$7,069$17,153▲ $10,084
Cash and Non-Interest-Bearing Accounts$304$305▲ $1
Total Assets$2,609,682$2,843,718▲ $234,036
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,968,010$2,040,125▲ $72,115
Accounts Payable and Accrued Expenses$215,267$439,179▲ $223,912
Deferred Revenue$370,669$372,402▲ $1,733
Other Liabilities$69,856$75,488▲ $5,632
Total Liabilities$2,623,802$2,927,194▲ $303,392
Net Assets / Fund Balance
Permanently Rstr Net Assets$43,757$43,757→ $0
Temporarily Rstr Net Assets$24,740$3,632▼ $21,108
Unrestricted Net Assets$-82,617$-130,865▼ $48,248
Total Net Assets Fund Balance$-14,120$-83,476▼ $69,356
Total Liabilities and Net Assets / Fund Balance$2,609,682$2,843,718▲ $234,036

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,107,331$3,015,782$5,123,113
Equipment$89,873$1,153,949$1,243,822
Other Land Buildings$40,234$220,322$260,556
Land$91,178-$91,178
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank WigginsHeadmasterFT$94,890$1,163$96,053

Board Members and Trustees

NameTitle
Ann Marie WhitePresident
Angie JacobsVice President
Brandon TaylorTrustee
C F KnottTrustee
Caroline BurnetteTrustee
Cindy JonesTrustee
Dale ReeseTrustee
Jean OdomTrustee
Jill AllenTrustee
John GarrettTrustee
Lizzie StovallTrustee
Macy FosterTrustee
Steve SimmonsTrustee
Renee WilderSecretary
B Jeffrey JonesTreasurer
Curtis AveretteTreasurer (former)
Revenue and Support

Revenue Composition

Contributions and Grants
$116,376
Program Service Revenue
$1,858,492
Investment Income
$1,066
Other Revenue
$203,491
All Other Contributions
$116,376
Change in Net Assets
$-69,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,503,797
Other Expenses$744,984
Total Fundraising Expense$8,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,107,320$181,485-$1,288,805
Occupancy-$145,290-$145,290
Depreciation Depletion-$126,016-$126,016
All Other Expenses$79,285$31,082$8,511$118,878
Payroll Taxes$82,389$20,758-$103,147
Current Officers, Directors, Trustees, and Key Employees-$94,890-$94,890
Interest-$73,554-$73,554
Fees for Services Other-$46,481-$46,481
Insurance-$44,558-$44,558
Other Expenses$29,165$2,514-$31,679
Office Expenses-$15,010-$15,010
Other Employee Benefits$8,106$1,430-$9,536
Pension Plan Contributions$6,306$1,113-$7,419
Information Technology$4,613--$4,613
Advertising-$4,158-$4,158
Travel-$213-$213
Total Functional Expenses$1,414,499$825,771$8,511$2,248,781
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$77,050
Fundraising Direct Expenses$22,193
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$44,930$44,930$9,773$35,157
Casino Night$22,735$22,735$7,292$15,443
Total Events$77,050$77,050$22,193$54,857
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$75,488
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
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 11B

“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

Filer Name
Kerr-vance Academy Inc
EIN
56-6085497
Phone
2524920018
Address
700 KERR VANCE ACADEMY ROAD, HENDERSON, NC 27536

Signing Officer

Name
B Jeffrey Jones
Title
Treasurer
Phone
2524920018
Signed
2018-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
B Jeffrey Jones
Formed
1967
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
51
Volunteers
0

Preparer

Firm
William L Stark and Company
Address
POST OFFICE BOX 911, HENDERSON, NC 27536
Preparer
William L Stark Jr
Phone
2524920008
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“There was no impact to the corporation's financial statements as a result of the implementation of asc 740-10 (fin48).”

Raw XML AppendixShowing 400 of 524 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/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04613
IRS990/InformationTechnologyGrp/TotalAmt04613
IRS990/InsuranceGrp/ManagementAndGeneralAmt044558
IRS990/InsuranceGrp/TotalAmt044558
IRS990/InterestGrp/ManagementAndGeneralAmt073554
IRS990/InterestGrp/TotalAmt073554
IRS990/InvestmentIncomeGrp/ExclusionAmt01066
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01066
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04390053
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02454632
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02328616
IRS990/LandBldgEquipCostOrOtherBssAmt06718669
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt024209
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt024209
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01968010
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02040125
IRS990/NetAssetsOrFundBalancesBOYAmt0-14120
IRS990/NetAssetsOrFundBalancesEOYAmt0-83476
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt054857
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt054857
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0145290
IRS990/OccupancyGrp/TotalAmt0145290
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015010
IRS990/OfficeExpensesGrp/TotalAmt015010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01430
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08106
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09536
IRS990/OtherExpensesGrp/Desc0CAFETERIA EXPENSE
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENT/MAINTENA
IRS990/OtherExpensesGrp/Desc2BOOSTER CLUB EXPENSE
IRS990/OtherExpensesGrp/Desc3CABLE/INTERNET
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12514
IRS990/OtherExpensesGrp/ProgramServicesAmt063594
IRS990/OtherExpensesGrp/ProgramServicesAmt133721
IRS990/OtherExpensesGrp/ProgramServicesAmt229165
IRS990/OtherExpensesGrp/TotalAmt063594
IRS990/OtherExpensesGrp/TotalAmt137219
IRS990/OtherExpensesGrp/TotalAmt233721
IRS990/OtherExpensesGrp/TotalAmt331679
IRS990/OtherLiabilitiesGrp/BOYAmt069856
IRS990/OtherLiabilitiesGrp/EOYAmt075488
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1611600
IRS990/OtherRevenueMiscGrp/BusinessCd2611600
IRS990/OtherRevenueMiscGrp/Desc0FACILITY FEE INCOME
IRS990/OtherRevenueMiscGrp/Desc1BOOSTER CLUB
IRS990/OtherRevenueMiscGrp/Desc2SPORTS INCOME FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt054259
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt138740
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt231426
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054259
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt138740
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt231426
IRS990/OtherRevenueTotalAmt0148634
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0181485
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01107320
IRS990/OtherSalariesAndWagesGrp/TotalAmt01288805
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020758
IRS990/PayrollTaxesGrp/ProgramServicesAmt082389
IRS990/PayrollTaxesGrp/TotalAmt0103147
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01113
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06306
IRS990/PensionPlanContributionsGrp/TotalAmt07419
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt043757
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt043757
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07069
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017153
IRS990/PrincipalOfficerNm0B JEFFREY JONES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1LITTLE SPARTANS DAYCAR
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3AFTER SCHOOL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4BUS REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01662043
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt188490
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt287668
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312481
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt47810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01662043
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt287668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312481
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt47810
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0139131
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0133
IRS990/PYOtherExpensesAmt0798705
IRS990/PYOtherRevenueAmt0204224
IRS990/PYProgramServiceRevenueAmt01984731
IRS990/PYRevenuesLessExpensesAmt0-50453
IRS990/PYSalariesCompEmpBnftPaidAmt01579967
IRS990/PYTotalExpensesAmt02378672
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02328219
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-69356
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02007126
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0144988
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0469814
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02107331
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03015782
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05123113
IRS990ScheduleD/EquipmentGrp/BookValueAmt089873
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01153949
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01243822
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt091178
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt091178
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040234
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0220322
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0260556
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0VARIOUS CLASSROOM FUNDS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE WAS NO IMPACT TO THE CORPORATION'S FINANCIAL STATEMENTS AS A RESULT OF THE IMPLEMENTATION OF ASC 740-10 (FIN48).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02328616
IRS990ScheduleD/TotalLiabilityAmt075488
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

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,843,718
Liabilities
$2,927,194
Net assets
-$83,476
Revenue
$2,179,425
Expenses
$2,248,781
Net income
-$69,356
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
2018Detailed filing. Detailed filing data is available for this year.$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