Civic Intelligence

The Swift Learning Center Inc

990 • Fiscal year 2017 • EIN 58-2410129

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

300 Grimes Bridge RoadRoswell, GA 30075

(678) 205-4988

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.52x

Higher debt load relative to assets than 73% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

1.49x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

27th percentile

-2.2%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$273,202

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

34th percentile

0.4%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-41%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$19,095,263

Up $78,770 (+0.4%) from 2016

Net Assets

Down

$9,167,254

Down $148,929 (-1.6%) from 2016

Liabilities

Up

$9,928,009

Up $227,699 (+2.3%) from 2016

Revenue

Down

$6,669,645

Down $4,660,342 (-41%) from 2016

Expenses

Up

$6,818,574

Up $457,914 (+7.2%) from 2016

Net Income

Down

-$148,929

Down $5,118,256 (-103%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $4,596,812Liabilities 2010: $3,727,145Net Assets 2010: $869,6672010Assets 2011: $5,328,329Liabilities 2011: $4,129,323Net Assets 2011: $1,199,0062011Assets 2012: $6,225,331Liabilities 2012: $4,367,989Net Assets 2012: $1,857,3422012Assets 2013: $8,241,809Liabilities 2013: $6,073,002Net Assets 2013: $2,168,8072013Assets 2014: $9,574,670Liabilities 2014: $6,336,852Net Assets 2014: $3,237,8182014Assets 2015: $12,414,367Liabilities 2015: $8,067,511Net Assets 2015: $4,346,8562015Assets 2016: $19,016,493Liabilities 2016: $9,700,310Net Assets 2016: $9,316,1832016Assets 2017: $19,095,263Liabilities 2017: $9,928,009Net Assets 2017: $9,167,2542017Assets 2018: $14,835,231Liabilities 2018: $9,299,327Net Assets 2018: $5,535,9042018Assets 2019: $14,103,807Liabilities 2019: $8,601,110Net Assets 2019: $5,502,6972019Assets 2020: $12,362,752Liabilities 2020: $8,122,541Net Assets 2020: $4,240,2112020Assets 2021: $11,115,095Liabilities 2021: $6,511,863Net Assets 2021: $4,603,2322021Assets 2022: $12,795,284Liabilities 2022: $6,572,548Net Assets 2022: $6,222,7362022Assets 2023: $13,060,895Liabilities 2023: $6,085,584Net Assets 2023: $6,975,3112023Assets 2024: $13,485,823Liabilities 2024: $5,482,876Net Assets 2024: $8,002,9472024Assets 2025: $12,928,856Liabilities 2025: $5,144,437Net Assets 2025: $7,784,4192025

Highlighted filing

2017

Assets$19,095,263
Liabilities$9,928,009
Net Assets$9,167,254

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,256,4802010Expenses 2011: $2,614,7662011Expenses 2012: $3,446,4272012Expenses 2013: $4,997,2352013Revenue 2014: $6,350,974Expenses 2014: $5,281,963Net Income 2014: $1,069,0112014Revenue 2015: $7,185,016Expenses 2015: $6,075,978Net Income 2015: $1,109,0382015Revenue 2016: $11,329,987Expenses 2016: $6,360,660Net Income 2016: $4,969,3272016Revenue 2017: $6,669,645Expenses 2017: $6,818,574Net Income 2017: -$148,9292017Revenue 2018: $7,365,305Expenses 2018: $6,837,228Net Income 2018: $528,0772018Revenue 2019: $5,758,964Expenses 2019: $5,792,171Net Income 2019: -$33,2072019Revenue 2020: $5,795,511Expenses 2020: $5,314,412Net Income 2020: $481,0992020Revenue 2021: $5,175,189Expenses 2021: $4,812,168Net Income 2021: $363,0212021Revenue 2022: $6,874,865Expenses 2022: $5,255,361Net Income 2022: $1,619,5042022Revenue 2023: $6,978,480Expenses 2023: $6,225,905Net Income 2023: $752,5752023Revenue 2024: $7,977,655Expenses 2024: $6,950,019Net Income 2024: $1,027,6362024Revenue 2025: $6,729,979Expenses 2025: $6,948,507Net Income 2025: -$218,5282025

Highlighted filing

2017

Revenue$6,669,645
Expenses$6,818,574
Net Income-$148,929
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$6,725,047
Mission and Program Overview

Mission

To prepare children with dyslexia & related language-based learning differences to be successful in life by teaching specific learning strategies and fully develop student talents.

To prepare children with dyslexia & related language-based learning differences to be successful in life. We will strive to accomplish this mission by teaching them specific learning strategies and by identifying and fully developing their talents. To do so, we will create an environment that is exciting, challenging, and supportive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,020,129$12,784,765▼ $235,364
Cash and Non-Interest-Bearing Accounts$5,880,583$6,178,691▲ $298,108
Prepaid Expenses and Deferred Charges$61,425$113,353▲ $51,928
Accounts Receivable$54,356$18,454▼ $35,902
Total Assets$19,016,493$19,095,263▲ $78,770
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,869,829$5,738,124▼ $131,705
Deferred Revenue$2,946,269$3,237,621▲ $291,352
Other Liabilities$633,026$624,553▼ $8,473
Accounts Payable and Accrued Expenses$251,186$327,711▲ $76,525
Total Liabilities$9,700,310$9,928,009▲ $227,699
Net Assets / Fund Balance
Unrestricted Net Assets$9,297,519$9,144,421▼ $153,098
Temporarily Rstr Net Assets$18,664$22,833▲ $4,169
Total Net Assets Fund Balance$9,316,183$9,167,254▼ $148,929
Total Liabilities and Net Assets / Fund Balance$19,016,493$19,095,263▲ $78,770

Asset Categories

AssetBook ValueDepreciationBasis
Land$9,331,427-$9,331,427
Buildings$2,325,338$776,103$3,101,441
Leasehold Improvements$991,067$678,090$1,669,157
Equipment$136,933$476,723$613,656
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richard WendlekExec. DirectorFT$273,202$273,202
Paul FoltzAssoc. Head of SchoolFT$141,162$141,162
Eric OsorioAssoc. Head of SchoolFT$132,289$132,289

Board Members and Trustees

NameTitle
Richard PhillipsChairman
Laura RiesVice Chairman
Jeffery KudlataVice Chairman - Secretary
Chris MartinTrustee
Donald PaulTrustee
Leslie MunsonTrustee
Maia WaltonTrustee
Scott ConnerTrustee
Scott FrankTrustee
Bob GrayEmeritus
Michael WrightTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
A Tasty TouchLunch Service For Students1341 WINBORN CIR NW, Kennesaw, GA 30152$170,290
Revenue and Support

Revenue Composition

Contributions and Grants
$232,189
Program Service Revenue
$6,428,502
Investment Income
$7,771
Other Revenue
$1,183
All Other Contributions
$188,624
Change in Net Assets
$-148,929

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,669,645
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-136,963
Total Revenue per Audited Statements
$6,532,682
Total Revenue per Form 990
$6,669,645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,558,913
Other Expenses$1,771,221
Grants and Similar Amounts Paid$175,924
Total Fundraising Expense$14,275
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,958,967$1,629,987-$3,588,954
Current Officers, Directors, Trustees, and Key Employees$373,070$259,123-$632,193
Payroll Taxes$260,477$77,289-$337,766
Benefits to Members$312,516--$312,516
Interest$210,573$69,256$27$279,856
Occupancy$168,301$84,807-$253,108
Depreciation Depletion$208,170$42,637-$250,807
Fees for Services Other$79,886$119,183-$199,069
Grants to Domestic Individuals$175,924--$175,924
Insurance$48,619$7,323-$55,942
Office Expenses$24,500$12,838$612$37,950
Advertising$26,107--$26,107
Other Expenses$35,577$24,344$10,437$24,344
Fees for Services Accounting-$20,000-$20,000
All Other Expenses-$16,563$3,199$19,762
Fees for Services Legal-$4,955-$4,955
Total Functional Expenses$4,404,783$2,399,516$14,275$6,818,574

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,818,574
Total Expenses per Form 990$6,818,574
Total Expenses per Audited Statements$6,681,611
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-136,963
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,585
Fundraising Direct Expenses$55,402
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$73,572$38,491$25,113$13,378
Original Works$5,173$5,173$3,099$2,074
Total Events$91,666$56,585$55,402$1,183
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-TrusteeDesign Services Paid to Em 2 Design, Inc.No$60,400
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$624,553
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
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The annual audit and the accompanying financial statements are reviewed with the cpa firm by the school's treasurer, finance committee, head of school and business manager. The package is again reviewed before and by the entire board of trustees at a regularly scheduled fall meeting of the board. Approval by motion, second and vote to approve acceptance is performed. Upon acceptance the business manager initiates the process to engage the auditing firm to begin preparation of the 990. The completed form 990 is reviewed by the business manager, treasurer, and head of school prior to submittal to the irs, if time permits, or afterwards to ensure completeness and accuracy.

Form 990, Part VI, Section B, Line 12C

Board members are routinely asked to notify the organization of any business relationships with the organization. These relationship are discussed with the auditors and disclosed in the financial statements if necessary.

Form 990, Part VI, Section B, Line 15

The board engages consulting firms to fill the executive director position. The executive director's salary is set based on recommendations of the consulting firm.

Form 990, Part VI, Section C, Line 19

The form 990, along with any other official documents, is made available to the public upon request to the business office or advancement office.

Filing and Contact Details

Filer

Filer Name
The Swift Learning Center Inc
EIN
58-2410129
Phone
6782054988
Address
300 GRIMES BRIDGE ROAD, ROSWELL, GA 30075
Doing Business As
The Swift School Inc

Signing Officer

Name
Paul Foltz
Title
Assoc. Head of School
Phone
6782054988
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Foltz
Formed
1998
Legal Domicile
Ga
Voting Board Members
11
Independent Board Members
11
Employees
113
Volunteers
40

Preparer

Firm
Windham Brannon Pc
Address
3630 PEACHTREE RD NE SUITE 600, ATLANTA, GA 30326
Preparer
Deborah L Priest CPA
Phone
4048982000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has not changed its oversight and seleciton process regarding its independent auditors.

Financial Statement Notes

PART X, LINE 2:

The school operates as a 501(c)(3) not-for-profit entity and therefore there is no provision for income taxes. Management of the school considers the likehood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to the school's status as a not-for-profit entity as a 501(c)(3). Management believes that the school met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax; therefore no provision for income taxes has been provided in these financial statements. The school's income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses recorded as revenue on financial statements 38,961. Tuition assistance, netted with revenue on financial statements -175,924.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses recorded as revenue on financial statements 38,961. Tuition assistance, netted with revenue on financial statements -175,924.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIRMAN - SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXEC. DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSOC. HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSOC. HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt035081
IRS990/FundraisingDirectExpensesAmt055402
IRS990/FundraisingGrossIncomeAmt056585
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0175924
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0175924
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0175924
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06725047
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07323
IRS990/InsuranceGrp/ProgramServicesAmt048619
IRS990/InsuranceGrp/TotalAmt055942
IRS990/InterestGrp/FundraisingAmt027
IRS990/InterestGrp/ManagementAndGeneralAmt069256
IRS990/InterestGrp/ProgramServicesAmt0210573
IRS990/InterestGrp/TotalAmt0279856
IRS990/InvestmentIncomeGrp/ExclusionAmt07771
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07771
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01930916
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013020129
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012784765
IRS990/LandBldgEquipCostOrOtherBssAmt014715681
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt08484
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PREPARE CHILDREN WITH DYSLEXIA & RELATED LANGUAGE-BASED LEARNING DIFFERENCES TO BE SUCCESSFUL IN LIFE BY TEACHING SPECIFIC LEARNING STRATEGIES AND FULLY DEVELOPING STUDENT TALENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05869829
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05738124
IRS990/NetAssetsOrFundBalancesBOYAmt09316183
IRS990/NetAssetsOrFundBalancesEOYAmt09167254
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01183
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt01183
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt016441
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt084807
IRS990/OccupancyGrp/ProgramServicesAmt0168301
IRS990/OccupancyGrp/TotalAmt0253108
IRS990/OfficeExpensesGrp/FundraisingAmt0612
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012838
IRS990/OfficeExpensesGrp/ProgramServicesAmt024500
IRS990/OfficeExpensesGrp/TotalAmt037950
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SCHOOL SUPPLIES & ACTIV
IRS990/OtherExpensesGrp/Desc1EQUIPMENT EXPENSES
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3DUES & LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt010437
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023299
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17912
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224344
IRS990/OtherExpensesGrp/ProgramServicesAmt0448076
IRS990/OtherExpensesGrp/ProgramServicesAmt174020
IRS990/OtherExpensesGrp/ProgramServicesAmt235577
IRS990/OtherExpensesGrp/TotalAmt0481812
IRS990/OtherExpensesGrp/TotalAmt181932
IRS990/OtherExpensesGrp/TotalAmt235577
IRS990/OtherExpensesGrp/TotalAmt324344
IRS990/OtherLiabilitiesGrp/BOYAmt0633026
IRS990/OtherLiabilitiesGrp/EOYAmt0624553
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01629987
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01958967
IRS990/OtherSalariesAndWagesGrp/TotalAmt03588954
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt077289
IRS990/PayrollTaxesGrp/ProgramServicesAmt0260477
IRS990/PayrollTaxesGrp/TotalAmt0337766
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061425
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0113353
IRS990/PrincipalOfficerNm0PAUL FOLTZ
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06428502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06428502
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04689968
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt044040
IRS990/PYInvestmentIncomeAmt012259
IRS990/PYOtherExpensesAmt01725342
IRS990/PYOtherRevenueAmt027728
IRS990/PYProgramServiceRevenueAmt06600032
IRS990/PYRevenuesLessExpensesAmt04969327
IRS990/PYSalariesCompEmpBnftPaidAmt04591278
IRS990/PYTotalExpensesAmt06360660
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011329987
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-148929
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06428502
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/BookValueAmt02325338
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0776103
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03101441
IRS990ScheduleD/EquipmentGrp/BookValueAmt0136933
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0476723
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0613656
IRS990ScheduleD/ExpensesNotReportedAmt0-136963
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06818574
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt09331427
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09331427
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0991067
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0678090
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01669157
IRS990ScheduleD/OtherExpensesIncludedAmt0-136963
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0624553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED COMPENSATION
IRS990ScheduleD/OtherRevenueAmt0-136963
IRS990ScheduleD/RevenueNotReportedAmt0-136963
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06669645
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL OPERATES AS A 501(C)(3) NOT-FOR-PROFIT ENTITY AND THEREFORE THERE IS NO PROVISION FOR INCOME TAXES. MANAGEMENT OF THE SCHOOL CONSIDERS THE LIKEHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE SCHOOL'S STATUS AS A NOT-FOR-PROFIT ENTITY AS A 501(C)(3). MANAGEMENT BELIEVES THAT THE SCHOOL MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. THE SCHOOL'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT EXPENSES RECORDED AS REVENUE ON FINANCIAL STATEMENTS 38,961. TUITION ASSISTANCE, NETTED WITH REVENUE ON FINANCIAL STATEMENTS -175,924.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EVENT EXPENSES RECORDED AS REVENUE ON FINANCIAL STATEMENTS 38,961. TUITION ASSISTANCE, NETTED WITH REVENUE ON FINANCIAL STATEMENTS -175,924.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012784765
IRS990ScheduleD/TotalExpensesPerForm990Amt06818574
IRS990ScheduleD/TotalLiabilityAmt0624553
IRS990ScheduleD/TotalRevenuePerForm990Amt06669645
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06532682
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06681611
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/ExplanationTxt0RACIAL NONDISCRIMINATION POLICY IS INCLUDED IN ADMISSIONS DOCUMENTS, SCHOOL LITERATURE, FUNDRAISING DOCUMENTS, WEBSITE, FINANCIAL REPORTS AND THE ANNUAL REPORT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0ASSISTANCE WITH UNITED CAMPAIGN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$5.14$7.78$6.73$6.95$0.22
2024Summary only. Only limited summary data is available for this year.$13.5$5.48$8.00$7.98$6.95$1.03
2023Summary only. Only limited summary data is available for this year.$13.1$6.09$6.98$6.98$6.23$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$6.57$6.22$6.87$5.26$1.62
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.1$6.51$4.60$5.18$4.81$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$8.12$4.24$5.80$5.31$0.48
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$8.60$5.50$5.76$5.79$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$9.30$5.54$7.37$6.84$0.53
2017Detailed filing. Detailed filing data is available for this year.$19.1$9.93$9.17$6.67$6.82$0.15
2016Detailed filing. Detailed filing data is available for this year.$19.0$9.70$9.32$11.3$6.36$4.97
2015Detailed filing. Detailed filing data is available for this year.$12.4$8.07$4.35$7.19$6.08$1.11
2014Detailed filing. Detailed filing data is available for this year.$9.57$6.34$3.24$6.35$5.28$1.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.24$6.07$2.17$5.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$4.37$1.86$3.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.33$4.13$1.20$2.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$3.73$0.87$2.26