Civic Intelligence

Covington Theological Seminary Inc.

990 • Fiscal year 2016 • EIN 58-1554537

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

Organization Profilewww.covingtonseminary.org
P O Box 176Rossville, GA 30741

(706) 866-5626

Siviq Scores

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

Liabilities / Assets

78th percentile

0.11x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$51,667

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 22.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

5th percentile

-74%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$177,394

Down $503,478 (-74%) from 2015

Net Assets

Down

$158,525

Down $497,360 (-76%) from 2015

Liabilities

Down

$18,869

Down $6,118 (-24%) from 2015

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin16th percentile

Revenue

Down

$227,107

Down $60,699 (-21%) from 2015

Expenses

Down

$272,210

Down $17,909 (-6.2%) from 2015

Net Income

Down

-$45,103

Down $42,790 (-1850%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$800K$600K$400K$200K$0Assets 2011: $549,886Liabilities 2011: $27,759Net Assets 2011: $522,1272011Assets 2012: $563,193Liabilities 2012: $23,815Net Assets 2012: $539,3782012Assets 2013: $601,350Liabilities 2013: $21,112Net Assets 2013: $580,2382013Assets 2014: $660,596Liabilities 2014: $33,105Net Assets 2014: $627,4912014Assets 2015: $680,872Liabilities 2015: $24,987Net Assets 2015: $655,8852015Assets 2016: $177,394Liabilities 2016: $18,869Net Assets 2016: $158,5252016Assets 2017: $150,485Liabilities 2017: $16,449Net Assets 2017: $134,0362017Assets 2018: $127,961Liabilities 2018: $15,998Net Assets 2018: $111,9632018Assets 2019: $122,125Liabilities 2019: $16,356Net Assets 2019: $105,7692019Assets 2020: $164,921Liabilities 2020: $59,2362020Assets 2021: $160,198Liabilities 2021: $47,912Net Assets 2021: $112,2862021

Highlighted filing

2016

Assets$177,394
Liabilities$18,869
Net Assets$158,525
Open 2016 Filing

Operations Trend

Revenue Growth23rd percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $433,106Expenses 2011: $409,160Net Income 2011: $23,9462011Expenses 2012: $380,7882012Revenue 2013: $350,103Expenses 2013: $321,488Net Income 2013: $28,6152013Revenue 2014: $263,322Expenses 2014: $294,990Net Income 2014: -$31,6682014Revenue 2015: $287,806Expenses 2015: $290,119Net Income 2015: -$2,3132015Revenue 2016: $227,107Expenses 2016: $272,210Net Income 2016: -$45,1032016Revenue 2017: $163,990Expenses 2017: $178,642Net Income 2017: -$14,6522017Revenue 2018: $160,096Expenses 2018: $184,844Net Income 2018: -$24,7482018Revenue 2019: $148,720Expenses 2019: $165,911Net Income 2019: -$17,1912019Revenue 2020: $155,696Expenses 2020: $155,780Net Income 2020: -$842020Revenue 2021: $131,082Expenses 2021: $141,929Net Income 2021: -$10,8472021

Highlighted filing

2016

Revenue$227,107
Expenses$272,210
Net Income-$45,103
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$247,752
Mission and Program Overview

Mission

The organization provides post

The organization provides post secondary education in bible, theology and religion

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$655,885$158,525▼ $497,360
Inventories for Sale or Use$104,569$94,500▼ $10,069
Intangible Assets$52,395--
Land, Buildings, and Equipment, Net$27,433$29,734▲ $2,301
Accounts Receivable$439,727$29,602▼ $410,125
Savings and Temporary Cash Investments$17,470$19,389▲ $1,919
Cash and Non-Interest-Bearing Accounts$38,903$3,769▼ $35,134
Total Assets$680,872$177,394▼ $503,478
Other Assets Total$375$400▲ $25
Liabilities
Accounts Payable and Accrued Expenses$24,987$18,869▼ $6,118
Total Liabilities$24,987$18,869▼ $6,118
Net Assets / Fund Balance
Total Net Assets Fund Balance$655,885$158,525▼ $497,360
Total Liabilities and Net Assets / Fund Balance$680,872$177,394▼ $503,478

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$386,172$386,172
Equipment$7,846$86,227$94,073
Land$15,000-$15,000
Leasehold Improvements$4,038$7,712$11,750
Other Land Buildings$2,850$150$3,000
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
James S Sullivan JrPresidentFT$51,667$51,667
Bret M SullivanVP of OperationsFT$36,000$36,000

Board Members and Trustees

NameTitle
Edsel BoneDirector
Jay TrimbleDirector
Gary FleetwoodAcademic VP
Marvin CornelisonCFO/secretary
Eddie IldifonsoExecutive VP
Revenue and Support

Revenue Composition

Contributions and Grants
$3,419
Program Service Revenue
$227,672
Investment Income
$4,809
Other Revenue
$-8,793
All Other Contributions
$3,419
Change in Net Assets
$-45,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$183,209
Other Expenses$89,001
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$43,834$43,833$0$87,667
Other Employee Benefits$25,800$25,800$0$51,600
Other Salaries and Wages$33,000$0$0$33,000
Office Expenses$19,809$4,952$0$24,761
Occupancy$11,586$11,587$0$23,173
Other Expenses$17,797$0$0$17,797
Payroll Taxes$5,882$3,355$0$9,237
Travel$1,185$4,828$0$6,013
Information Technology$2,258$2,258$0$4,516
Fees for Services Accounting$0$4,436$0$4,436
Depreciation Depletion$2,497$641$0$3,138
Pension Plan Contributions$853$852$0$1,705
All Other Expenses$874$0$0$874
Advertising$124$0$0$124
Total Functional Expenses$169,255$102,955$0$272,210
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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
Filing and Contact Details

Filer

Filer Name
Covington Theological Seminary Inc
EIN
58-1554537
Phone
7068665626
Address
P O BOX 176, ROSSVILLE, GA 30741

Signing Officer

Name
James S Sullivan Jr
Title
President
Phone
7068665626
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James S Sullivan Jr
Formed
1977
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
4
Employees
4
Volunteers
75

Preparer

Firm
Charis Business Resources Inc
Address
3992 ROUND POND RD, LA FAYETTE, GA 30728-4711
Preparer
Cheryl B Clark
Phone
4233047608
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“The president, dr. James s. Sullivan, jr., is the father of the vp of operation, dr. Bret sullivan”

Pt VI, Line 11B

“Form 990 is prepared by cheryl b. Clark, cpa who is acting”

Pt VI, Line 11B

“As comptroller. It is reviewed by the president and copies are given to the governing body.”

Pt VI, Line 12C

“The president keeps on close touch with the governing body and each is keenly aware of policy. Any conflict would generate immediate action.”

Pt VI, Line 19

“The policies and financial statements are not published but are made available to anyone upon request.”

Pt X

“Lines 14&15 - this is the difference in the accrual accounting for book purposes and cash accounting for reporting purposes. The balance sheet is presented on the accrual method.”

Raw XML AppendixShowing 400 of 438 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024987
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018869
IRS990/AccountsReceivableGrp/BOYAmt0439727
IRS990/AccountsReceivableGrp/EOYAmt029602
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION PROVIDES POST SECONDARY EDUCATION IN BIBLE, THEOLOGY AND RELIGION
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0124
IRS990/AdvertisingGrp/TotalAmt0124
IRS990/AllOtherContributionsAmt03419
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0874
IRS990/AllOtherExpensesGrp/TotalAmt0874
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DR JAMES S SULLIVAN JR
IRS990/BooksInCareOfDetail/PhoneNum07068665626
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01168 CROSS ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0FT OGLETHORPE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030742
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt038903
IRS990/CashNonInterestBearingGrp/EOYAmt03769
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt043833
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt043834
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt087667
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt020645
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03419
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04809
IRS990/CYOtherExpensesAmt089001
IRS990/CYOtherRevenueAmt0-8793
IRS990/CYProgramServiceRevenueAmt0227672
IRS990/CYRevenuesLessExpensesAmt0-45103
IRS990/CYSalariesCompEmpBnftPaidAmt0183209
IRS990/CYTotalExpensesAmt0272210
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0227107
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0641
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02497
IRS990/DepreciationDepletionGrp/TotalAmt03138
IRS990/Desc0POST SECONDARY EDUCATION COURSES IN RELIGION, BIBLE AND THEOLOGY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0168635
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04436
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt04436
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES S SULLIVAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm1BRET M SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm2EDDIE ILDIFONSO
IRS990/Form990PartVIISectionAGrp/PersonNm3MARVIN CORNELISON
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY FLEETWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm5EDSEL BONE
IRS990/Form990PartVIISectionAGrp/PersonNm6JAY TRIMBLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt051667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt136000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4ACADEMIC VP
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt04800
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04800
IRS990/GrossReceiptsAmt0247752
IRS990/GrossSalesOfInventoryAmt011241
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02258
IRS990/InformationTechnologyGrp/ProgramServicesAmt02258
IRS990/InformationTechnologyGrp/TotalAmt04516
IRS990/IntangibleAssetsGrp/BOYAmt052395
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0104569
IRS990/InventoriesForSaleOrUseGrp/EOYAmt094500
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0480261
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027433
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029734
IRS990/LandBldgEquipCostOrOtherBssAmt0509995
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION PROVIDES POST
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0655885
IRS990/NetAssetsOrFundBalancesEOYAmt0158525
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04800
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04800
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-9404
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-9404
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt011587
IRS990/OccupancyGrp/ProgramServicesAmt011586
IRS990/OccupancyGrp/TotalAmt023173
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04952
IRS990/OfficeExpensesGrp/ProgramServicesAmt019809
IRS990/OfficeExpensesGrp/TotalAmt024761
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0375
IRS990/OtherAssetsTotalGrp/EOYAmt0400
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025800
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt025800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt051600
IRS990/OtherExpensesGrp/Desc0MISSIONS
IRS990/OtherExpensesGrp/Desc1CORPORATE FEES & EXP
IRS990/OtherExpensesGrp/Desc2EDUCATION EXPENSES
IRS990/OtherExpensesGrp/Desc3GRADUATION EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1413
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0620
IRS990/OtherExpensesGrp/ProgramServicesAmt1413
IRS990/OtherExpensesGrp/ProgramServicesAmt22723
IRS990/OtherExpensesGrp/ProgramServicesAmt317797
IRS990/OtherExpensesGrp/TotalAmt0620
IRS990/OtherExpensesGrp/TotalAmt1826
IRS990/OtherExpensesGrp/TotalAmt22723
IRS990/OtherExpensesGrp/TotalAmt317797
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0611
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0611
IRS990/OtherRevenueTotalAmt0611
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt033000
IRS990/OtherSalariesAndWagesGrp/TotalAmt033000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03355
IRS990/PayrollTaxesGrp/ProgramServicesAmt05882
IRS990/PayrollTaxesGrp/TotalAmt09237
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0852
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0853
IRS990/PensionPlanContributionsGrp/TotalAmt01705
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES S SULLIVAN JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1FEES
IRS990/ProgramServiceRevenueGrp/Desc2GRADUATION
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0206118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215381
IRS990/ProgSrvcAccomActy2Grp/Desc0TEXTBOOKS AND EXPENSES FOR FOREIGN MISSIONS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0620
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05204
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011
IRS990/PYOtherExpensesAmt0103929
IRS990/PYOtherRevenueAmt0-20920
IRS990/PYProgramServiceRevenueAmt0303511
IRS990/PYRevenuesLessExpensesAmt0-2313
IRS990/PYSalariesCompEmpBnftPaidAmt0186190
IRS990/PYTotalExpensesAmt0290119
IRS990/PYTotalRevenueAmt0287806
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-45103
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0227672
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0655885
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0158525
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017470
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019389
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0386172
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0386172
IRS990ScheduleD/EquipmentGrp/BookValueAmt07846
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086227
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094073
IRS990ScheduleD/LandGrp/BookValueAmt015000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04038
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07712
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011750
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02850
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0150
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029734
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/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL CATALOGS CONTAIN THE NON-DISCRIMINATORY POLICY AND IT IS INCLUDED ON THE WEB-SITE. THERE IS NO FORMAL SOLICITATION OF STUDENTS. THERE IS NO FORMAL SOLICITATION OF STUDENTS. THE WEBSITE AND THE CATALOG CONTAIN THE NON-DISCRIMINATION POLICY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THERE IS NO FORMAL RECORD KEEPING OF THE RACIAL COMPOSITION OF THE STUDENT BODY. IF NEEDED IT CAN BE COMPILED. SEE EXPLANATION AT ON SCHEDULE E.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 4d
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT, DR. JAMES S. SULLIVAN, JR., IS THE FATHER OF THE VP OF OPERATION, DR. BRET SULLIVAN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY CHERYL B. CLARK, CPA WHO IS ACTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AS COMPTROLLER. IT IS REVIEWED BY THE PRESIDENT AND COPIES ARE GIVEN TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT KEEPS ON CLOSE TOUCH WITH THE GOVERNING BODY AND EACH IS KEENLY AWARE OF POLICY. ANY CONFLICT WOULD GENERATE IMMEDIATE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE POLICIES AND FINANCIAL STATEMENTS ARE NOT PUBLISHED BUT ARE MADE AVAILABLE TO ANYONE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINES 14&15 - THIS IS THE DIFFERENCE IN THE ACCRUAL ACCOUNTING FOR BOOK PURPOSES AND CASH ACCOUNTING FOR REPORTING PURPOSES. THE BALANCE SHEET IS PRESENTED ON THE ACCRUAL METHOD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt X
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0680872
IRS990/TotalAssetsEOYAmt0177394
IRS990/TotalAssetsGrp/BOYAmt0680872
IRS990/TotalAssetsGrp/EOYAmt0177394
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03419
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0102955
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0169255
IRS990/TotalFunctionalExpensesGrp/TotalAmt0272210
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024987
IRS990/TotalLiabilitiesEOYAmt018869
IRS990/TotalLiabilitiesGrp/BOYAmt024987
IRS990/TotalLiabilitiesGrp/EOYAmt018869
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0655885
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0158525
IRS990/TotalProgramServiceExpensesAmt0169255
IRS990/TotalProgramServiceRevenueAmt0227672
IRS990/TotalReportableCompFromOrgAmt087667
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0223688
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0227107
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0680872
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0177394
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt04828
IRS990/TravelGrp/ProgramServicesAmt01185
IRS990/TravelGrp/TotalAmt06013
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01168 CROSS ST
IRS990/USAddress/CityNm0FT OGLETHORPE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030742

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$177,394
Liabilities
$18,869
Net assets
$158,525
Revenue
$227,107
Expenses
$272,210
Net income
-$45,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.48$1.12$1.31$1.42$0.11
2020Summary only. Only limited summary data is available for this year.$1.65$0.59$1.56$1.56$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.22$0.16$1.06$1.49$1.66$0.17
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.16$1.12$1.60$1.85$0.25
2017Summary only. Only limited summary data is available for this year.$1.50$0.16$1.34$1.64$1.79$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.77$0.19$1.59$2.27$2.72$0.45
2015Detailed filing. Detailed filing data is available for this year.$6.81$0.25$6.56$2.88$2.90$0.02
2014Summary only. Only limited summary data is available for this year.$6.61$0.33$6.27$2.63$2.95$0.32
2013Summary only. Only limited summary data is available for this year.$6.01$0.21$5.80$3.50$3.21$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$0.24$5.39$3.81
2011Summary only. Only limited summary data is available for this year.$5.50$0.28$5.22$4.33$4.09$0.24