Civic Intelligence

Legacy Preparatory Academy

990 • Fiscal year 2018 • EIN 59-3810621

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 11, 2019

Organization ProfileWWW.LEGACYPREP.ORG

View Organization Page

2214 South 1250 WestWoods Cross, UT 84087

(801) 936-0555

Siviq Scores

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

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

2.30x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

24th percentile

$107,480

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

58th percentile

3.9%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

4.2%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$19,563,220

Up $727,724 (+3.9%) from 2017

Net Assets

Up

$1,645,962

Up $849,659 (+107%) from 2017

Liabilities

Down

$17,917,258

Down $121,935 (-0.7%) from 2017

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin69th percentile

Revenue

Up

$7,786,940

Up $313,718 (+4.2%) from 2017

Expenses

Up

$6,937,281

Up $110,711 (+1.6%) from 2017

Net Income

Up

$849,659

Up $203,007 (+31%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2010: $13,420,258Liabilities 2010: $13,835,544Net Assets 2010: -$415,2862010Assets 2011: $13,326,308Liabilities 2011: $13,815,031Net Assets 2011: -$488,7232011Assets 2012: $13,470,059Liabilities 2012: $13,770,845Net Assets 2012: -$300,7862012Assets 2013: $13,878,167Liabilities 2013: $13,795,704Net Assets 2013: $82,4632013Assets 2014: $13,819,787Liabilities 2014: $13,593,718Net Assets 2014: $226,0692014Assets 2015: $18,198,739Liabilities 2015: $18,226,705Net Assets 2015: -$27,9662015Assets 2016: $18,412,949Liabilities 2016: $18,263,298Net Assets 2016: $149,6512016Assets 2017: $18,835,496Liabilities 2017: $18,039,193Net Assets 2017: $796,3032017Assets 2018: $19,563,220Liabilities 2018: $17,917,258Net Assets 2018: $1,645,9622018Assets 2019: $19,699,339Liabilities 2019: $16,949,115Net Assets 2019: $2,750,2242019Assets 2020: $21,111,154Liabilities 2020: $17,229,566Net Assets 2020: $3,881,5882020Assets 2021: $20,917,956Liabilities 2021: $15,698,383Net Assets 2021: $5,219,5732021Assets 2022: $32,366,265Liabilities 2022: $26,290,617Net Assets 2022: $6,075,6482022Assets 2023: $31,998,007Liabilities 2023: $25,736,051Net Assets 2023: $6,261,9562023Assets 2024: $31,927,273Liabilities 2024: $25,000,374Net Assets 2024: $6,926,8992024

Highlighted filing

2018

Assets$19,563,220
Liabilities$17,917,258
Net Assets$1,645,962
Open 2018 Filing

Operations Trend

Revenue Growth50th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,877,6772010Revenue 2011: $5,071,206Expenses 2011: $5,144,643Net Income 2011: -$73,4372011Expenses 2012: $5,745,6782012Revenue 2013: $6,884,514Expenses 2013: $6,558,402Net Income 2013: $326,1122013Revenue 2014: $6,615,291Expenses 2014: $6,471,685Net Income 2014: $143,6062014Revenue 2015: $6,464,527Expenses 2015: $6,360,491Net Income 2015: $104,0362015Revenue 2016: $6,694,846Expenses 2016: $6,517,229Net Income 2016: $177,6172016Revenue 2017: $7,473,222Expenses 2017: $6,826,570Net Income 2017: $646,6522017Revenue 2018: $7,786,940Expenses 2018: $6,937,281Net Income 2018: $849,6592018Revenue 2019: $8,286,740Expenses 2019: $7,182,478Net Income 2019: $1,104,2622019Revenue 2020: $8,694,182Expenses 2020: $7,562,818Net Income 2020: $1,131,3642020Revenue 2021: $8,923,520Expenses 2021: $7,585,535Net Income 2021: $1,337,9852021Revenue 2022: $9,927,655Expenses 2022: $9,071,580Net Income 2022: $856,0752022Revenue 2023: $9,360,799Expenses 2023: $9,174,491Net Income 2023: $186,3082023Revenue 2024: $11,161,628Expenses 2024: $10,496,685Net Income 2024: $664,9432024

Highlighted filing

2018

Revenue$7,786,940
Expenses$6,937,281
Net Income$849,659
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 11, 2019
Return Version
2017v2.3
Gross Receipts
$7,787,115
Mission and Program Overview

Mission

To provide classical education and fine arts within a public charter school setting by building the foundation of knowledge and critical thinking skills necessary for children to become independent.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,895,975$13,954,801▲ $58,826
Cash and Non-Interest-Bearing Accounts$1,731,087$2,425,596▲ $694,509
Savings and Temporary Cash Investments$2,066,888$2,098,597▲ $31,709
Intangible Assets$1,043,805$1,001,631▼ $42,174
Prepaid Expenses and Deferred Charges-$40,164-
Pledges and Grants Receivable$94,202$38,754▼ $55,448
Accounts Receivable$3,539$3,677▲ $138
Total Assets$18,835,496$19,563,220▲ $727,724
Liabilities
Tax Exempt Bond Liabilities$15,570,000$15,220,000▼ $350,000
Other Liabilities$1,286,878$1,223,035▼ $63,843
Accounts Payable and Accrued Expenses$1,023,135$1,036,892▲ $13,757
Mortgage Notes Payable Secured by Investment Property$99,742$376,100▲ $276,358
Deferred Revenue$59,438$61,231▲ $1,793
Total Liabilities$18,039,193$17,917,258▼ $121,935
Net Assets / Fund Balance
Unrestricted Net Assets$796,303$1,645,962▲ $849,659
Total Net Assets Fund Balance$796,303$1,645,962▲ $849,659
Total Liabilities and Net Assets / Fund Balance$18,835,496$19,563,220▲ $727,724

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,146,849$2,579,748$13,726,597
Land$2,065,795-$2,065,795
Leasehold Improvements$488,387$60,554$548,941
Equipment$205,367$230,729$436,096
Other Land Buildings$41,317$183,219$224,536
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nyman BrooksExecutive DiFT$87,090$20,390$107,480

Board Members and Trustees

NameTitle
Adam BuckPresident
Carl WoolstonMember
Heather TraedenMember
Jane DavisMember
Jennie JonssonMember
Jennifer BrooksMember
Alisha JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,524,540
Program Service Revenue
$209,867
Investment Income
$41,690
Other Revenue
$10,843
All Other Contributions
$60,961
Change in Net Assets
$849,659

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,786,940
Total Revenue per Audited Statements
$7,786,940
Total Revenue per Form 990
$7,786,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,702,322
Other Expenses$2,234,959
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,619,593$271-$3,619,864
Interest$643,618$56,723-$700,341
Other Employee Benefits$615,165$16,465-$631,630
Depreciation Depletion$414,541$36,002-$450,543
Payroll Taxes$262,906--$262,906
Occupancy$41,433$198,239-$239,672
Fees for Services Other$69,949$60,162-$130,111
Information Technology$112,311--$112,311
Pension Plan Contributions$100,832--$100,832
Current Officers, Directors, Trustees, and Key Employees$87,090--$87,090
Fees for Services Management-$57,452-$57,452
Travel$49,997--$49,997
Other Expenses$20,626$11,482-$20,626
Fees for Services Legal-$19,854-$19,854
Conferences and Meetings$14,820--$14,820
Fees for Services Accounting-$13,117-$13,117
All Other Expenses$9,650--$9,650
Advertising$1,422--$1,422
Office Expenses$1,179--$1,179
Insurance$806--$806
Total Functional Expenses$6,382,958$554,323$0$6,937,281

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,937,281
Total Expenses per Audited Statements$6,937,281
Total Expenses per Form 990$6,937,281
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,778
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
Unamortized Bond Premium$776,695
Bond Issuance Costs Payable$446,340

Bond Issues

BondIssuerIssuedIssue PricePurpose
AUtah Charter Finance Authority2014-09-29$16,900,000To refinance outstanding bonds used to purchase facilities.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$17,799,331$253,500$12,006,234$319,346

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
Corrective action procedures
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A draft copy is provided to the board for review prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“Board reviews and determines annually.”

Form 990, Page 6, Part VI, Line 15B

“Board reviews and determines annually.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request just as forms 990.”

Filing and Contact Details

Filer

Filer Name
Legacy Preparatory Academy
EIN
59-3810621
Phone
8019360555
Address
2214 SOUTH 1250 WEST, WOODS CROSS, UT 84087

Signing Officer

Name
Nyman Brooks
Title
Executive Director
Phone
8019360555
Signed
2019-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nyman Brooks
Formed
2005
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
7
Employees
163
Volunteers
303

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016465
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0615165
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0631630
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1TEXTBOOKS AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt084556
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111482
IRS990/OtherExpensesGrp/ProgramServicesAmt0168318
IRS990/OtherExpensesGrp/ProgramServicesAmt181552
IRS990/OtherExpensesGrp/ProgramServicesAmt267150
IRS990/OtherExpensesGrp/ProgramServicesAmt320626
IRS990/OtherExpensesGrp/TotalAmt0252874
IRS990/OtherExpensesGrp/TotalAmt193034
IRS990/OtherExpensesGrp/TotalAmt267150
IRS990/OtherExpensesGrp/TotalAmt320626
IRS990/OtherLiabilitiesGrp/BOYAmt01286878
IRS990/OtherLiabilitiesGrp/EOYAmt01223035
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0271
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03619593
IRS990/OtherSalariesAndWagesGrp/TotalAmt03619864
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0262906
IRS990/PayrollTaxesGrp/TotalAmt0262906
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0100832
IRS990/PensionPlanContributionsGrp/TotalAmt0100832
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt094202
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt038754
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040164
IRS990/PrincipalOfficerNm0NYMAN BROOKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL LUNCH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0209501
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1366
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0209501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1366
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07204907
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt023530
IRS990/PYOtherExpensesAmt02376464
IRS990/PYOtherRevenueAmt03964
IRS990/PYProgramServiceRevenueAmt0240821
IRS990/PYRevenuesLessExpensesAmt0646652
IRS990/PYSalariesCompEmpBnftPaidAmt04450106
IRS990/PYTotalExpensesAmt06826570
IRS990/PYTotalRevenueAmt07473222
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0849659
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt06065
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0209867
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02066888
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02098597
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011146849
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02579748
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013726597
IRS990ScheduleD/EquipmentGrp/BookValueAmt0205367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0230729
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0436096
IRS990ScheduleD/ExpensesSubtotalAmt06937281
IRS990ScheduleD/LandGrp/BookValueAmt02065795
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02065795
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0488387
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt060554
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0548941
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041317
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0183219
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0224536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0776695
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1446340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNAMORTIZED BOND PREMIUM
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BOND ISSUANCE COSTS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt07786940
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013947715
IRS990ScheduleD/TotalExpensesPerForm990Amt06937281
IRS990ScheduleD/TotalLiabilityAmt01223035
IRS990ScheduleD/TotalRevenuePerForm990Amt07786940
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07786940
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06937281
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS EXCUSED FROM FORMAL COMPLIANCE WITH REV PROC 75-50 AS LONG AS ITS CHARTER AGREEMENT WITH THE STATE OF UTAH REMAINS IN EFFECT.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVED FEDERAL AND STATE FUNDS FOR OPERATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-09-29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0261275269
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum091754TJU8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt016900000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0UTAH CHARTER FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO REFINANCE OUTSTANDING BONDS USED TO PURCHASE FACILITIES.
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01049200
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0319346
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt0253500
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt012006234
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02014
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt017799331
IRS990ScheduleK/TaxExemptBondsProceedsGrp/WorkingCapitalExpendituresAmt04171051
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS AND DETERMINES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS AND DETERMINES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST JUST AS FORMS 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt015570000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt015220000
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt018835496
IRS990/TotalAssetsEOYAmt019563220
IRS990/TotalAssetsGrp/BOYAmt018835496

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$19,563,220
Liabilities
$17,917,258
Net assets
$1,645,962
Revenue
$7,786,940
Expenses
$6,937,281
Net income
$849,659
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$31.9$25.0$6.93$11.2$10.5$0.66
2023Detailed filing. Detailed filing data is available for this year.$32.0$25.7$6.26$9.36$9.17$0.19
2022Detailed filing. Detailed filing data is available for this year.$32.4$26.3$6.08$9.93$9.07$0.86
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$15.7$5.22$8.92$7.59$1.34
2020Detailed filing. Detailed filing data is available for this year.$21.1$17.2$3.88$8.69$7.56$1.13
2019Detailed filing. Detailed filing data is available for this year.$19.7$16.9$2.75$8.29$7.18$1.10
2018Detailed filing. Detailed filing data is available for this year.$19.6$17.9$1.65$7.79$6.94$0.85
2017Detailed filing. Detailed filing data is available for this year.$18.8$18.0$0.80$7.47$6.83$0.65
2016Summary only. Only limited summary data is available for this year.$18.4$18.3$0.15$6.69$6.52$0.18
2015Summary only. Only limited summary data is available for this year.$18.2$18.2$0.03$6.46$6.36$0.10
2014Summary only. Only limited summary data is available for this year.$13.8$13.6$0.23$6.62$6.47$0.14
2013Summary only. Only limited summary data is available for this year.$13.9$13.8$0.08$6.88$6.56$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$13.8$0.30$5.75
2011Summary only. Only limited summary data is available for this year.$13.3$13.8$0.49$5.07$5.14$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$13.8$0.42$4.88