Civic Intelligence

The King'S Academy Inc

990 • Fiscal year 2015 • EIN 59-1298881

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

Organization ProfileWWW.TKA.NET

View Organization Page

8401 Belvedere RoadWest Palm Beach, FL 33411

(561) 686-4244

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.54x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

1.00x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

65th percentile

9.2%

Higher net margin than 65% of similar nonprofits.

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

Top Officer Pay

26th percentile

$162,593

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

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

Asset Growth

57th percentile

3.1%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

79th percentile

19%

Faster revenue growth than 79% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$43,217,938

Up $1,286,436 (+3.1%) from 2014

Net Assets

Up

$19,789,898

Up $2,151,521 (+12%) from 2014

Liabilities

Down

$23,428,040

Down $865,085 (-3.6%) from 2014

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin65th percentile

Revenue

Up

$23,541,303

Up $3,788,759 (+19%) from 2014

Expenses

Up

$21,373,635

Up $1,991,323 (+10%) from 2014

Net Income

Up

$2,167,668

Up $1,797,436 (+485%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$100M$50M$0Assets 2010: $42,619,894Liabilities 2010: $25,500,420Net Assets 2010: $17,119,4742010Assets 2011: $42,350,930Liabilities 2011: $24,737,268Net Assets 2011: $17,613,6622011Assets 2012: $41,678,620Liabilities 2012: $25,001,100Net Assets 2012: $16,677,5202012Assets 2013: $41,343,584Liabilities 2013: $24,035,278Net Assets 2013: $17,308,3062013Assets 2014: $41,931,502Liabilities 2014: $24,293,125Net Assets 2014: $17,638,3772014Assets 2015: $43,217,938Liabilities 2015: $23,428,040Net Assets 2015: $19,789,8982015Assets 2016: $44,976,040Liabilities 2016: $23,936,753Net Assets 2016: $21,039,2872016Assets 2017: $50,066,211Liabilities 2017: $26,429,435Net Assets 2017: $23,636,7762017Assets 2018: $51,856,457Liabilities 2018: $26,523,829Net Assets 2018: $25,332,6282018Assets 2019: $55,117,846Liabilities 2019: $25,982,436Net Assets 2019: $29,135,4102019Assets 2020: $59,685,738Liabilities 2020: $27,313,770Net Assets 2020: $32,371,9682020Assets 2021: $66,804,036Liabilities 2021: $27,806,484Net Assets 2021: $38,997,5522021Assets 2022: $71,507,499Liabilities 2022: $29,313,194Net Assets 2022: $42,194,3052022Assets 2023: $77,752,133Liabilities 2023: $29,767,532Net Assets 2023: $47,984,6012023Assets 2024: $84,980,866Liabilities 2024: $32,039,856Net Assets 2024: $52,941,0102024Assets 2025: $87,281,245Liabilities 2025: $30,358,358Net Assets 2025: $56,922,8872025

Highlighted filing

2015

Assets$43,217,938
Liabilities$23,428,040
Net Assets$19,789,898
Open 2015 Filing

Operations Trend

Revenue Growth79th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $13,303,5352010Expenses 2011: $14,230,3102011Revenue 2012: $14,389,928Expenses 2012: $15,230,749Net Income 2012: -$840,8212012Expenses 2013: $18,306,3952013Revenue 2014: $19,752,544Expenses 2014: $19,382,312Net Income 2014: $370,2322014Revenue 2015: $23,541,303Expenses 2015: $21,373,635Net Income 2015: $2,167,6682015Revenue 2016: $23,018,594Expenses 2016: $21,337,706Net Income 2016: $1,680,8882016Revenue 2017: $26,856,676Expenses 2017: $24,749,161Net Income 2017: $2,107,5152017Revenue 2018: $28,307,282Expenses 2018: $27,037,037Net Income 2018: $1,270,2452018Revenue 2019: $31,338,074Expenses 2019: $27,876,599Net Income 2019: $3,461,4752019Revenue 2020: $36,610,335Expenses 2020: $31,792,878Net Income 2020: $4,817,4572020Revenue 2021: $35,644,934Expenses 2021: $30,629,126Net Income 2021: $5,015,8082021Revenue 2022: $41,105,705Expenses 2022: $34,819,894Net Income 2022: $6,285,8112022Revenue 2023: $45,768,962Expenses 2023: $41,895,086Net Income 2023: $3,873,8762023Revenue 2024: $49,958,022Expenses 2024: $46,448,792Net Income 2024: $3,509,2302024Revenue 2025: $56,150,781Expenses 2025: $52,862,868Net Income 2025: $3,287,9132025

Highlighted filing

2015

Revenue$23,541,303
Expenses$21,373,635
Net Income$2,167,668
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$25,417,152
Mission and Program Overview

Mission

The king's academy exists to assist the home and church in their endeavor to "train up a child in the way he should go" (proverbs 22:6). Its mission is to share salvation through jesus christ and to graduate christian leaders who seek to impact their world for the king of kings through academic excellence and spiritual vitality.

Education - non-profit christian school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,690,643$31,260,991▲ $570,348
Investments Other Securities$6,214,593$5,193,160▼ $1,021,433
Cash and Non-Interest-Bearing Accounts$3,766,782$4,419,501▲ $652,719
Pledges and Grants Receivable$64,492$1,132,162▲ $1,067,670
Intangible Assets$666,320$594,861▼ $71,459
Prepaid Expenses and Deferred Charges$240,838$387,194▲ $146,356
Inventories for Sale or Use$96,726$123,805▲ $27,079
Savings and Temporary Cash Investments$70,756$56,258▼ $14,498
Accounts Receivable$120,352$50,006▼ $70,346
Total Assets$41,931,502$43,217,938▲ $1,286,436
Liabilities
Tax Exempt Bond Liabilities$18,845,923$18,039,335▼ $806,588
Deferred Revenue$3,182,396$3,399,058▲ $216,662
Other Liabilities$1,243,805$1,094,915▼ $148,890
Accounts Payable and Accrued Expenses$1,013,001$886,732▼ $126,269
Mortgage Notes Payable Secured by Investment Property$8,000$8,000→ $0
Total Liabilities$24,293,125$23,428,040▼ $865,085
Net Assets / Fund Balance
Unrestricted Net Assets$16,619,170$16,888,503▲ $269,333
Temporarily Rstr Net Assets$1,019,207$2,901,395▲ $1,882,188
Total Net Assets Fund Balance$17,638,377$19,789,898▲ $2,151,521
Total Liabilities and Net Assets / Fund Balance$41,931,502$43,217,938▲ $1,286,436

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,039,777$7,676,552$28,716,329
Other Land Buildings$5,142,200$5,242,863$10,385,063
Equipment$1,408,364$4,920,608$6,328,972
Land$3,670,650-$3,670,650
Other Securities$5,193,160--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$3,147,925$2,761,953▲ $87,890-$4,099,815
2013$1,573,319$1,882,262▲ $160,256-$3,147,925
2012$1,502,406$804,225▲ $79,710-$1,573,319
2011$2,961,941$104,406▼ $52,481-$1,502,406
2010$2,488,637$729,588▲ $189,030-$2,961,941
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff M LovelandPresident/directorFT$150,603$11,990$162,593
Glenn MartinDirector of DevelopmentFT$136,290$11,065$147,355
Douglas RainesHeadmasterFT$108,223$11,314$119,537
Nichelle MeldrimControllerFT$100,496$11,082$111,578
Randal MartinChief Financial OfficerFT$69,144-$69,144

Board Members and Trustees

NameTitle
Dr Clyde S MeckstrothChairman
Steven T RasmussenVice Chairman
Edward J AielloDirector
Eric EngstromDirector
Kamal FeregDirector
Jerry Y BellSecretary
Rev Kevin P MahoneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,155,464
Program Service Revenue
$20,065,781
Investment Income
$193,840
Other Revenue
$126,218
All Other Contributions
$3,155,464
Change in Net Assets
$2,167,668

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,895,960
Revenue Not Reported on Financial Statements
$3,645,343
Revenue Not Reported on Form 990
$704,287
Other Revenue Adjustments
$3,591,230
Total Revenue per Audited Statements
$20,600,247
Total Revenue per Form 990
$23,541,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,568,841
Other Expenses$8,277,630
Grants and Similar Amounts Paid$3,527,164
Total Fundraising Expense$485,570
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,637,276$497,988$245,504$7,380,768
Grants to Domestic Individuals$3,527,164--$3,527,164
Depreciation Depletion$1,863,703$209,263$64,553$2,137,519
Occupancy$1,305,415$146,577$45,216$1,497,208
All Other Expenses$797,448$234,297$56,487$1,088,232
Other Employee Benefits$881,867$100,940$31,138$1,013,945
Interest$688,838$77,345$23,859$790,042
Payroll Taxes$529,995$60,664$18,713$609,372
Current Officers, Directors, Trustees, and Key Employees$266,145$298,611-$564,756
Insurance$520,236--$520,236
Other Expenses$397,749$337,997$100$338,097
Information Technology-$184,881-$184,881
Advertising-$124,838-$124,838
Fees for Services Other$30,000$52,392-$82,392
Office Expenses-$55,047-$55,047
Fees for Service Investment Mgmnt Fees-$54,113-$54,113
Travel-$44,946-$44,946
Conferences and Meetings-$13,026-$13,026
Total Functional Expenses$17,855,172$3,032,893$485,570$21,373,635

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,373,635
Total Expenses per Audited Statements$18,597,616
Expenses per Audited Statements$17,728,292
Expenses Not Reported on Financial Statements$3,645,343
Other Expense Adjustments$3,591,230
Expenses Not Reported on Form 990$869,324
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Market Value of Cash Flow Hedge$1,094,915

Bond Issues

BondIssuerIssuedIssue PricePurpose
APalm Beach County Fl2006-08-10$22,000,000To retire line of credit on new construction site

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A copy of form 990 is provided to each voting board member for approval prior to filing.”

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

“The board of directors disclose, review, and resolve conflicts of interest on an annual basis.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed and approved by the board of directors on an annual basis.”

Form 990, Part VI, Section C, Line 19

“UPON WRITTEN REQUEST.”

Filing and Contact Details

Filer

Filer Name
THE KING'S ACADEMY INC
EIN
59-1298881
Phone
5616864244
Address
8401 BELVEDERE ROAD, WEST PALM BEACH, FL 33411

Signing Officer

Name
Jeff Loveland
Title
President
Phone
5616864244
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Loveland
Formed
1970
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
7
Employees
351
Volunteers
200

Preparer

Firm
Templeton & Company Llp
Address
222 LAKEVIEW AVENUE SUITE 1200, WEST PALM BEACH, FL 33401
Preparer
Richard Juback
Phone
5617989988
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unrealized cash flow hedge 148,890.”

FORM 990, PART XII, LINE 2C:

“The organization's audit committee has not changed its oversight or selection process of the audit.”

Financial Statement Notes

PART X, LINE 2:

“The king's academy is exempt from federal and state income taxes as an educational institution under internal revenue code section 501(c)(3). Accordingly, no provision for income taxes has been recorded in the consolidated financial statements. The school is required to operate in conformity with the provisions of the internal revenue code (irc) to maintain its exempt status. Preschool and clewiston are wholly-owned by the king's academy and are disregarded entities for income tax purposes. Management analyzes tax positions in jurisdictions where it is required to file income tax returns. Interest and penalties attributable to income taxes, if any, are included in operating expenses. No such interest or penalties were recorded for the fiscal years 2015 or 2014. The school is no longer subject to income tax examinations for the years before 2012. Based on its evaluation, management did not identify any tax positions for which it is reasonably possible that the total amounts of unrecognized taxes will significantly increase or decrease.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 869,324.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships 3,527,164. Other income 64,066.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 869,324.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships 3,527,164. Administrative costs 64,066.”

SCHEDULE D, PART V, LINE 4:

“The intended purpose of the school's endowment funds are to support the educational purpose of the school by giving financial assistance to students with demonstrated financial needs; to provide continuing and post-graduate education to faculty members; and to increase the financial stability of the school through debt reduction.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF DEVELOPMENT
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IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt04296
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt03527164
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03527164
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03527164
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01010821
IRS990/GrossReceiptsAmt025417152
IRS990/GrossSalesOfInventoryAmt0931476
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0184881
IRS990/InformationTechnologyGrp/TotalAmt0184881
IRS990/InsuranceGrp/ProgramServicesAmt0520236
IRS990/InsuranceGrp/TotalAmt0520236
IRS990/IntangibleAssetsGrp/BOYAmt0666320
IRS990/IntangibleAssetsGrp/EOYAmt0594861
IRS990/InterestGrp/FundraisingAmt023859
IRS990/InterestGrp/ManagementAndGeneralAmt077345
IRS990/InterestGrp/ProgramServicesAmt0688838
IRS990/InterestGrp/TotalAmt0790042
IRS990/InventoriesForSaleOrUseGrp/BOYAmt096726
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0123805
IRS990/InvestmentIncomeGrp/ExclusionAmt0189544
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0189544
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06214593
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05193160
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017840023
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030690643
IRS990/LandBldgEquipBasisNetGrp/EOYAmt031260991
IRS990/LandBldgEquipCostOrOtherBssAmt049101014
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01006525
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE QUALITY CHRISTIAN EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08000
IRS990/NetAssetsOrFundBalancesBOYAmt017638377
IRS990/NetAssetsOrFundBalancesEOYAmt019789898
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04296
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04296
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt062152
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt062152
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-165037
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt045216
IRS990/OccupancyGrp/ManagementAndGeneralAmt0146577
IRS990/OccupancyGrp/ProgramServicesAmt01305415
IRS990/OccupancyGrp/TotalAmt01497208
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt055047
IRS990/OfficeExpensesGrp/TotalAmt055047
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0148890
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt031138
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0100940
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0881867
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01013945
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2FINE ARTS EXPENSE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0539968
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1337997
IRS990/OtherExpensesGrp/ProgramServicesAmt0409336
IRS990/OtherExpensesGrp/ProgramServicesAmt1397749
IRS990/OtherExpensesGrp/TotalAmt0539968
IRS990/OtherExpensesGrp/TotalAmt1409336
IRS990/OtherExpensesGrp/TotalAmt2397749
IRS990/OtherExpensesGrp/TotalAmt3338097
IRS990/OtherLiabilitiesGrp/BOYAmt01243805
IRS990/OtherLiabilitiesGrp/EOYAmt01094915
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt064066
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064066
IRS990/OtherRevenueTotalAmt064066
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0245504
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0497988
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06637276
IRS990/OtherSalariesAndWagesGrp/TotalAmt07380768
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt018713
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt060664
IRS990/PayrollTaxesGrp/ProgramServicesAmt0529995
IRS990/PayrollTaxesGrp/TotalAmt0609372
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt064492
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01132162
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0240838
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0387194
IRS990/PrincipalOfficerNm0JEFF LOVELAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0ACADEMIC PROGRAM TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILLARY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019341056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1724725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019341056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1724725
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01731368
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02985761
IRS990/PYInvestmentIncomeAmt0223460
IRS990/PYOtherExpensesAmt07490144
IRS990/PYOtherRevenueAmt0131041
IRS990/PYProgramServiceRevenueAmt017666675
IRS990/PYRevenuesLessExpensesAmt0370232
IRS990/PYSalariesCompEmpBnftPaidAmt08906407
IRS990/PYTotalExpensesAmt019382312
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019752544
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02167668
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020191999
IRS990/SavingsAndTempCashInvstGrp/BOYAmt070756
IRS990/SavingsAndTempCashInvstGrp/EOYAmt056258
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.57260
IRS990ScheduleD/BuildingsGrp/BookValueAmt021039777
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07676552
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt028716329
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt040482
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03147925
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02761953
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04099815
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01857471
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt087890
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt039208
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01573319
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01882262
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03147925
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0428704
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0160256
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt055611
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01502406
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0804225
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01573319
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0757411
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt079710
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01028095
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02961941
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0104406
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01502406
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0483365
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-52481
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0171813
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02488637
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0729588
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02961941
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0273501
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0189030
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01408364
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04920608
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06328972
IRS990ScheduleD/ExpensesNotReportedAmt0869324
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03645343
IRS990ScheduleD/ExpensesSubtotalAmt017728292
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt054113
IRS990ScheduleD/InvestmentExpensesNotIncldAmt054113
IRS990ScheduleD/LandGrp/BookValueAmt03670650
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03670650
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-165037
IRS990ScheduleD/OtherExpensesIncludedAmt0869324

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,217,938
Liabilities
$23,428,040
Net assets
$19,789,898
Revenue
$23,541,303
Expenses
$21,373,635
Net income
$2,167,668
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$87.3$30.4$56.9$56.2$52.9$3.29
2024Detailed filing. Detailed filing data is available for this year.$85.0$32.0$52.9$50.0$46.4$3.51
2023Detailed filing. Detailed filing data is available for this year.$77.8$29.8$48.0$45.8$41.9$3.87
2022Detailed filing. Detailed filing data is available for this year.$71.5$29.3$42.2$41.1$34.8$6.29
2021Detailed filing. Detailed filing data is available for this year.$66.8$27.8$39.0$35.6$30.6$5.02
2020Detailed filing. Detailed filing data is available for this year.$59.7$27.3$32.4$36.6$31.8$4.82
2019Detailed filing. Detailed filing data is available for this year.$55.1$26.0$29.1$31.3$27.9$3.46
2018Detailed filing. Detailed filing data is available for this year.$51.9$26.5$25.3$28.3$27.0$1.27
2017Detailed filing. Detailed filing data is available for this year.$50.1$26.4$23.6$26.9$24.7$2.11
2016Detailed filing. Detailed filing data is available for this year.$45.0$23.9$21.0$23.0$21.3$1.68
2015Detailed filing. Detailed filing data is available for this year.$43.2$23.4$19.8$23.5$21.4$2.17
2014Detailed filing. Detailed filing data is available for this year.$41.9$24.3$17.6$19.8$19.4$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.3$24.0$17.3$18.3
2012Summary only. Only limited summary data is available for this year.$41.7$25.0$16.7$14.4$15.2$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.4$24.7$17.6$14.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.6$25.5$17.1$13.3