Civic Intelligence

The Howard School Inc.

990 • Fiscal year 2015 • EIN 58-0611768

Aug 01, 2014 to Jul 31, 2015 • Filed on Dec 15, 2015

1192 Foster StreetAtlanta, GA 30318

(404) 377-7436

Siviq Scores

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

Liabilities / Assets

36th percentile

0.15x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.49x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

44th percentile

2.3%

Higher net margin than 44% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$213,239

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

55th percentile

2.7%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

8.1%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$28,769,392

Up $765,769 (+2.7%) from 2014

Net Assets

Up

$24,520,679

Up $200,058 (+0.8%) from 2014

Liabilities

Up

$4,248,713

Up $565,711 (+15%) from 2014

Revenue

Up

$8,757,026

Up $655,370 (+8.1%) from 2014

Expenses

Up

$8,558,620

Up $166,311 (+2.0%) from 2014

Net Income

Up

$198,406

Up $489,059 (+168%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $27,984,106Liabilities 2011: $2,685,531Net Assets 2011: $25,298,5752011Assets 2012: $27,690,616Liabilities 2012: $3,179,303Net Assets 2012: $24,511,3132012Assets 2013: $28,170,750Liabilities 2013: $3,561,895Net Assets 2013: $24,608,8552013Assets 2014: $28,003,623Liabilities 2014: $3,683,002Net Assets 2014: $24,320,6212014Assets 2015: $28,769,392Liabilities 2015: $4,248,713Net Assets 2015: $24,520,6792015Assets 2016: $30,032,154Liabilities 2016: $4,861,312Net Assets 2016: $25,170,8422016Assets 2017: $30,545,828Liabilities 2017: $4,768,751Net Assets 2017: $25,777,0772017Assets 2018: $35,425,918Liabilities 2018: $5,583,988Net Assets 2018: $29,841,9302018Assets 2019: $39,273,838Liabilities 2019: $6,032,351Net Assets 2019: $33,241,4872019Assets 2020: $45,927,575Liabilities 2020: $10,190,932Net Assets 2020: $35,736,6432020Assets 2021: $45,894,724Liabilities 2021: $8,148,794Net Assets 2021: $37,745,9302021Assets 2022: $46,587,964Liabilities 2022: $8,598,681Net Assets 2022: $37,989,2832022Assets 2023: $46,628,931Liabilities 2023: $8,009,133Net Assets 2023: $38,619,7982023Assets 2024: $44,176,223Liabilities 2024: $6,539,862Net Assets 2024: $37,636,3612024

Highlighted filing

2015

Assets$28,769,392
Liabilities$4,248,713
Net Assets$24,520,679

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $7,449,9292011Revenue 2012: $6,852,312Expenses 2012: $7,640,203Net Income 2012: -$787,8912012Expenses 2013: $8,172,3582013Revenue 2014: $8,101,656Expenses 2014: $8,392,309Net Income 2014: -$290,6532014Revenue 2015: $8,757,026Expenses 2015: $8,558,620Net Income 2015: $198,4062015Revenue 2016: $10,068,736Expenses 2016: $9,423,541Net Income 2016: $645,1952016Revenue 2017: $10,311,966Expenses 2017: $9,697,174Net Income 2017: $614,7922017Revenue 2018: $14,232,845Expenses 2018: $10,166,830Net Income 2018: $4,066,0152018Revenue 2019: $14,087,858Expenses 2019: $10,702,289Net Income 2019: $3,385,5692019Revenue 2020: $14,420,629Expenses 2020: $12,014,456Net Income 2020: $2,406,1732020Revenue 2021: $15,285,765Expenses 2021: $13,419,153Net Income 2021: $1,866,6122021Revenue 2022: $14,630,236Expenses 2022: $14,238,289Net Income 2022: $391,9472022Revenue 2023: $15,762,260Expenses 2023: $15,215,959Net Income 2023: $546,3012023Revenue 2024: $13,943,729Expenses 2024: $15,286,626Net Income 2024: -$1,342,8972024

Highlighted filing

2015

Revenue$8,757,026
Expenses$8,558,620
Net Income$198,406
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Dec 15, 2015
Return Version
2014v5.0
Gross Receipts
$8,757,026
Mission and Program Overview

Mission

The Howard School educates students with language learning disabilities and differences. Instruction is personalized to complement individual learning styles, to address student needs, and to help each student understand his or her learning process.

The howard school educates students with language learning disabilities and differences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,181,924$24,999,350▼ $182,574
Cash and Non-Interest-Bearing Accounts$1,333,915$1,973,401▲ $639,486
Investments in Publicly Traded Securities$917,363$1,151,566▲ $234,203
Pledges and Grants Receivable$287,212$289,495▲ $2,283
Prepaid Expenses and Deferred Charges$112,120$145,513▲ $33,393
Accounts Receivable$56,609$107,949▲ $51,340
Savings and Temporary Cash Investments$107,405$82,164▼ $25,241
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$28,003,623$28,769,392▲ $765,769
Other Assets Total$7,075$19,954▲ $12,879
Liabilities
Deferred Revenue$3,598,360$4,160,459▲ $562,099
Accounts Payable and Accrued Expenses$84,642$88,254▲ $3,612
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,683,002$4,248,713▲ $565,711
Net Assets / Fund Balance
Unrestricted Net Assets$21,582,716$21,309,207▼ $273,509
Temporarily Rstr Net Assets$1,737,905$2,011,472▲ $273,567
Permanently Rstr Net Assets$1,000,000$1,200,000▲ $200,000
Total Net Assets Fund Balance$24,320,621$24,520,679▲ $200,058
Total Liabilities and Net Assets / Fund Balance$28,003,623$28,769,392▲ $765,769

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,411,742$4,362,701$17,774,443
Land$11,021,585-$11,021,585
Equipment$566,023$2,368,325$2,934,348
Other Land Buildings$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,000,000$200,000--$1,200,000
2013$1,000,000---$1,000,000
2012$1,000,000---$1,000,000
2011$1,000,000---$1,000,000
2010$1,000,000---$1,000,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary CilellaHead of SchoolFT$209,148$4,091$213,239
Scott HamiltonHigh School PrincipalFT$107,375$1,981$109,356
Vernon BroylesAssistant Head of SchoolFT$102,009$345$102,354
Meredith ChaseCFO & Business ManagerFT$88,946$8,289$97,235

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Technical Trade Group Of Georgia Ifacilities mgmt515 CARTER ROAD, Griffin, GA 30224$108,925
Revenue and Support

Revenue Composition

Contributions and Grants
$1,074,777
Program Service Revenue
$7,663,353
Investment Income
$7,310
Other Revenue
$11,586
All Other Contributions
$1,074,777
Change in Net Assets
$198,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,244,431
Revenue Not Reported on Financial Statements
$512,595
Revenue Not Reported on Form 990
$1,652
Other Revenue Adjustments
$512,595
Total Revenue per Audited Statements
$8,246,083
Total Revenue per Form 990
$8,757,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,830,038
Other Expenses$2,215,987
Grants and Similar Amounts Paid$512,595
Total Fundraising Expense$172,422
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,360,754$781,890$107,015$4,249,659
Depreciation Depletion$529,773$113,328$6,383$649,484
Current Officers, Directors, Trustees, and Key Employees$114,392$435,685-$550,077
Grants to Domestic Individuals$512,595--$512,595
All Other Expenses$350,860$146,919$6,819$504,598
Other Employee Benefits$303,771$110,678$1,783$416,232
Payroll Taxes$260,693$82,543$8,040$351,276
Pension Plan Contributions$183,733$76,645$2,416$262,794
Fees for Services Other$15,591$183,892-$199,483
Office Expenses$71,299$26,072$4,398$101,769
Insurance$62,482$12,045$753$75,280
Other Expenses$9,570$1,905$29,017$40,492
Advertising$28,447$4,366$2,066$34,879
Fees for Services Accounting-$28,459-$28,459
Fees for Services Legal-$20,236-$20,236
Information Technology-$18,466-$18,466
Interest-$8,575-$8,575
Conferences and Meetings-$4,871$2,729$7,600
Total Functional Expenses$6,263,581$2,122,617$172,422$8,558,620

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,558,620
Expenses per Audited Statements$8,046,025
Total Expenses per Audited Statements$8,046,025
Expenses Not Reported on Financial Statements$512,595
Other Expense Adjustments$512,595
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11:

Explanation: board members will be provided a copy of form 990 prior to it being filed.

FORM 990, PART VI, SECTION B, LINE 12C:

Explanation: applicable persons provide initial as well as subsequent annual disclosure of potential conflicts. Any potential conflicts are discussed or reviewed by the board.

FORM 990, PART VI, SECTION B, LINE 15A:

Explanation: the board discusses and reviews compensation and compares to industry standards before approving the salary for the head of school. The head of school sets the compensation for the chief financial officer & business manager. These deliberations are contemporaneously documented.

FORM 990, PART VI, SECTION C, LINE 19:

Explanation: documents are available to be reviewed upon request.

FORM 990, PART VII, LINE 17D:

Explanation: scott hamilton's gross wages are comprised of salary and additional income outside of his annual contract.

Filing and Contact Details

Filer

Filer Name
The Howard School Inc
EIN
58-0611768
In Care Of
% MEREDITH CHASE
Phone
4043777436
Address
1192 FOSTER STREET, ATLANTA, GA 30318

Signing Officer

Name
Mary Winifred Cilella
Title
Head of School
Phone
4043777436
Signed
2015-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Winifred Cilella
Formed
1968
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
123
Volunteers
37

Preparer

Firm
Habif Arogeti & Wynne Llp
Address
FIVE CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Angela T Dotson
Phone
4048929651
Supplemental Narrative

Financial Statement Notes

FORM 990, SCH D, PART XI, LINE 4B:

Scholarships & financial aid netted in the financial statements

FORM 990, SCH D, PART XI, LINE 4B:

Scholarships & financial aid netted in the financial statements

FORM 990, SCH D, PART X, LINE 2:

Explanation: the howard school, inc. Is a nonprofit organization exempt from federal income taxes under internal revenue code section 501(c)(3). Accordingly, no provision for federal income taxes is required. The school applies the guidance on accounting for uncertain tax provisions in fasb asc 740 income taxes. The school is no longer subject to income tax examinations for fiscal years up to and including 2010.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
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IRS990/Form990PartVIISectionAGrp/PersonNm13THOMAS C MCGAHAN
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IRS990/Form990PartVIISectionAGrp/PersonNm15MEREDITH CHASE
IRS990/Form990PartVIISectionAGrp/PersonNm16SCOTT HAMILTON
IRS990/Form990PartVIISectionAGrp/PersonNm17VERNON BROYLES
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO & BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt16HIGH SCHOOL PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSISTANT HEAD OF SCHOOL
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IRS990/FormationYr01968
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IRS990/InsuranceGrp/ManagementAndGeneralAmt012045
IRS990/InsuranceGrp/ProgramServicesAmt062482
IRS990/InsuranceGrp/TotalAmt075280
IRS990/IntangibleAssetsGrp/BOYAmt00
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IRS990/InterestGrp/ManagementAndGeneralAmt08575
IRS990/InterestGrp/TotalAmt08575
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06731025
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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01783
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0416232
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL & MAINTENANC
IRS990/OtherExpensesGrp/Desc2BAD DEBTS
IRS990/OtherExpensesGrp/Desc3PRINTING & PUBLICATIONS
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IRS990/OtherExpensesGrp/FundraisingAmt129017
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016042
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21905
IRS990/OtherExpensesGrp/ProgramServicesAmt0323986
IRS990/OtherExpensesGrp/ProgramServicesAmt185576
IRS990/OtherExpensesGrp/ProgramServicesAmt250059
IRS990/OtherExpensesGrp/ProgramServicesAmt39570
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IRS990/OtherExpensesGrp/TotalAmt1102621
IRS990/OtherExpensesGrp/TotalAmt2100059
IRS990/OtherExpensesGrp/TotalAmt340492
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1INSURANCE PROCEEDS
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17981
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17981
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0107015
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0781890
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03360754
IRS990/OtherSalariesAndWagesGrp/TotalAmt04249659
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IRS990/PayrollTaxesGrp/FundraisingAmt08040
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt082543
IRS990/PayrollTaxesGrp/ProgramServicesAmt0260693
IRS990/PayrollTaxesGrp/TotalAmt0351276
IRS990/PensionPlanContributionsGrp/FundraisingAmt02416
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt076645
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0183733
IRS990/PensionPlanContributionsGrp/TotalAmt0262794
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01000000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01200000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0287212
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0289495
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0112120
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0145513
IRS990/PrincipalOfficerNm0MARY WINIFRED CILELLA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$44.2$6.54$37.6$13.9$15.3$1.34
2023Detailed filing. Detailed filing data is available for this year.$46.6$8.01$38.6$15.8$15.2$0.55
2022Detailed filing. Detailed filing data is available for this year.$46.6$8.60$38.0$14.6$14.2$0.39
2021Detailed filing. Detailed filing data is available for this year.$45.9$8.15$37.7$15.3$13.4$1.87
2020Detailed filing. Detailed filing data is available for this year.$45.9$10.2$35.7$14.4$12.0$2.41
2019Detailed filing. Detailed filing data is available for this year.$39.3$6.03$33.2$14.1$10.7$3.39
2018Detailed filing. Detailed filing data is available for this year.$35.4$5.58$29.8$14.2$10.2$4.07
2017Detailed filing. Detailed filing data is available for this year.$30.5$4.77$25.8$10.3$9.70$0.61
2016Detailed filing. Detailed filing data is available for this year.$30.0$4.86$25.2$10.1$9.42$0.65
2015Detailed filing. Detailed filing data is available for this year.$28.8$4.25$24.5$8.76$8.56$0.20
2014Detailed filing. Detailed filing data is available for this year.$28.0$3.68$24.3$8.10$8.39$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.2$3.56$24.6$8.17
2012Summary only. Only limited summary data is available for this year.$27.7$3.18$24.5$6.85$7.64$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.0$2.69$25.3$7.45