Civic Intelligence

Friends School Inc.

990 • Fiscal year 2017 • EIN 61-1213141

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 31, 2017

Organization ProfileWWW.FRIENDS-SCHOOL.INFO
901 Breckenridge LnLouisville, KY 40207

(502) 899-1822

Siviq Scores

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

Liabilities / Assets

86th percentile

0.70x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.14x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

96th percentile

118%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

40%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$326,068

Up $176,255 (+118%) from 2016

Net Assets

Up

$99,431

Up $186,558 (+214%) from 2016

Liabilities

Down

$226,637

Down $10,303 (-4.3%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin68th percentile

Revenue

Up

$1,667,253

Up $477,227 (+40%) from 2016

Expenses

Up

$1,482,999

Up $101,816 (+7.4%) from 2016

Net Income

Up

$184,254

Up $375,411 (+196%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $217,610Liabilities 2011: $159,668Net Assets 2011: $57,9422011Assets 2012: $232,752Liabilities 2012: $190,000Net Assets 2012: $42,7522012Assets 2013: $202,902Liabilities 2013: $170,003Net Assets 2013: $32,8992013Assets 2014: $200,857Liabilities 2014: $157,129Net Assets 2014: $43,7282014Assets 2015: $290,750Liabilities 2015: $186,720Net Assets 2015: $104,0302015Assets 2016: $149,813Liabilities 2016: $236,940Net Assets 2016: -$87,1272016Assets 2017: $326,068Liabilities 2017: $226,637Net Assets 2017: $99,4312017Assets 2018: $429,158Liabilities 2018: $280,222Net Assets 2018: $148,9362018Assets 2019: $353,639Liabilities 2019: $313,007Net Assets 2019: $40,6322019Assets 2020: $601,062Liabilities 2020: $440,975Net Assets 2020: $160,0872020Assets 2021: $1,023,949Liabilities 2021: $623,916Net Assets 2021: $400,0332021Assets 2022: $1,183,837Liabilities 2022: $357,567Net Assets 2022: $826,2702022Assets 2023: $1,265,848Liabilities 2023: $295,196Net Assets 2023: $970,6522023Assets 2024: $1,325,701Liabilities 2024: $323,992Net Assets 2024: $1,001,7092024

Highlighted filing

2017

Assets$326,068
Liabilities$226,637
Net Assets$99,431
Open 2017 Filing

Operations Trend

Revenue Growth84th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,022,030Expenses 2011: $990,623Net Income 2011: $31,4072011Revenue 2012: $1,087,890Expenses 2012: $1,103,080Net Income 2012: -$15,1902012Expenses 2013: $1,158,2792013Revenue 2014: $1,098,420Expenses 2014: $1,068,953Net Income 2014: $29,4672014Revenue 2015: $1,248,672Expenses 2015: $1,207,628Net Income 2015: $41,0442015Revenue 2016: $1,190,026Expenses 2016: $1,381,183Net Income 2016: -$191,1572016Revenue 2017: $1,667,253Expenses 2017: $1,482,999Net Income 2017: $184,2542017Revenue 2018: $1,832,821Expenses 2018: $1,785,512Net Income 2018: $47,3092018Revenue 2019: $1,686,458Expenses 2019: $1,799,824Net Income 2019: -$113,3662019Revenue 2020: $1,804,607Expenses 2020: $1,685,845Net Income 2020: $118,7622020Revenue 2021: $1,916,042Expenses 2021: $1,676,096Net Income 2021: $239,9462021Revenue 2022: $2,307,715Expenses 2022: $1,881,478Net Income 2022: $426,2372022Revenue 2023: $2,370,363Expenses 2023: $2,225,981Net Income 2023: $144,3822023Revenue 2024: $2,544,901Expenses 2024: $2,547,776Net Income 2024: -$2,8752024

Highlighted filing

2017

Revenue$1,667,253
Expenses$1,482,999
Net Income$184,254
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$1,690,232
Mission and Program Overview

Mission

The orgnaization is a cooperative preschool and elementary school. The program emphasizes an inclusive population, which includes children with special needs. The program provides experiential child-centered educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,261$191,128▲ $152,867
Rtn Earn Endowment Incm Other Fnds$-87,122$99,431▲ $186,553
Land, Buildings, and Equipment, Net$81,703$67,285▼ $14,418
Accounts Receivable$26,170$63,976▲ $37,806
Savings and Temporary Cash Investments$3,679$3,679→ $0
Total Assets$149,813$326,068▲ $176,255
Liabilities
Deferred Revenue$147,144$152,854▲ $5,710
Unsecured Notes Loans Payable$71,884$64,700▼ $7,184
Accounts Payable and Accrued Expenses$17,907$9,083▼ $8,824
Total Liabilities$236,935$226,637▼ $10,298
Net Assets / Fund Balance
Total Net Assets Fund Balance$-87,122$99,431▲ $186,553
Total Liabilities and Net Assets / Fund Balance$149,813$326,068▲ $176,255

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$67,285$95,824$163,109
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Chad MccauleyPresident
Brad KesslerBoard Member
Kathy HinkebeinBoard Member
Lacey McnaryBoard Member
Mark BowlingBoard Member
Pat McelhoneBoard Member
Tom SolleyBoard Member
Melanie WillisBusiness Man
Kristina ChristensenExecutive Di
Daniel SwintoskySecretary
Susan MiracleTreasurer
Michael GoodwinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$464,673
Program Service Revenue
$1,167,061
Investment Income
$0
Other Revenue
$35,519
All Other Contributions
$70,000
Change in Net Assets
$184,254

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,667,253
Total Revenue per Audited Statements
$1,667,253
Total Revenue per Form 990
$1,667,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,268,876
Other Expenses$214,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$912,613$264,045-$1,176,658
Payroll Taxes$65,997$19,095-$85,092
Occupancy$51,073$14,777-$65,850
Office Expenses$1,213$26,072-$27,285
All Other Expenses$16,323$4,544-$20,867
Depreciation Depletion$11,473$2,941-$14,414
Other Expenses$12,253$20,236-$12,253
Advertising$8,367--$8,367
Other Employee Benefits$5,527$1,599-$7,126
Fees for Services Accounting-$3,792-$3,792
Insurance-$2,475-$2,475
Total Functional Expenses$1,123,423$359,576$0$1,482,999

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,482,999
Total Expenses per Audited Statements$1,482,999
Total Expenses per Form 990$1,482,999
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,828
Fundraising Direct Expenses$22,979
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$444,501$49,828$22,979$26,849
Total Events$444,501$49,828$22,979$26,849
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
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The finance committee reviews all forms and schedules to be sure all information is complete and accurate in comparison to the independently audited financial statements. The board of directors then reviews the main form as recommended by the finance committee.”

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

“The executive committee of the board of directors reviews the director's performance and approves any increase in compensation. All compensation of staff is compared to regional compensation packages for teachers.”

Form 990, Page 6, Part VI, Line 19

“All policies and procedures including conflict of interest policies are given to every prospective family. In addition, they are available on our web site. Financial statments are given to families at the annual meeting, as well as available on request. The form 990 is a public document and available for view at any time.”

Filing and Contact Details

Filer

Filer Name
Friends School Inc
EIN
61-1213141
Phone
5028991822
Address
901 BRECKENRIDGE LN, LOUISVILLE, KY 40207

Signing Officer

Name
Kristina Christensen
Title
Executive Director
Phone
5028991822
Signed
2017-10-31

Organization Details

Principal Officer
Kristina Christensen
Formed
1992
Legal Domicile
Ky
Voting Board Members
10
Independent Board Members
7
Employees
52

Preparer

Firm
Goodman & Weber Psc
Address
10357 LINN STATION RD, LOUISVILLE, KY 40223
Preparer
Daniel a Weber CPA
Phone
5023390342
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The orgnaization is a cooperative preschool and elementary school. The program emphasizes an inclusive population, which includes children with special needs. The program provides experiential child-centered educational opportunities.”

Form 990, Page 2, Part III, Line 4D

“Family cooperative childhood education program, provides a nurturing, caring and loving learning environment. The uniqueness of each child is valued. Tolerance, kindness and good citizenship are taught. Family involvement is required. Classes provide a low student-teacher ratio to meet individual needs. A highly individualized, developmentally appropriate program is provided to teach the whole child.”

Raw XML AppendixShowing 400 of 406 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/BOYAmt017907
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09083
IRS990/AccountsReceivableGrp/BOYAmt026170
IRS990/AccountsReceivableGrp/EOYAmt063976
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGNAIZATION IS A COOPERATIVE PRESCHOOL AND ELEMENTARY SCHOOL. THE PROGRAM EMPHASIZES AN INCLUSIVE POPULATION, WHICH INCLUDES CHILDREN WITH SPECIAL NEEDS. THE PROGRAM PROVIDES EXPERIENTIAL CHILD-CENTERED EDUCATIONAL OPPORTUNITIES.
IRS990/AdvertisingGrp/ProgramServicesAmt08367
IRS990/AdvertisingGrp/TotalAmt08367
IRS990/AllOtherContributionsAmt070000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04544
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016323
IRS990/AllOtherExpensesGrp/TotalAmt020867
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0901 BRECKENRIDGE LANE
IRS990/BooksInCareOfDetail/PhoneNum05028991822
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0901 BRECKENRIDGE LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOUISVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd040207
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt038261
IRS990/CashNonInterestBearingGrp/EOYAmt0191128
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0394673
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0464673
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0214123
IRS990/CYOtherRevenueAmt035519
IRS990/CYProgramServiceRevenueAmt01167061
IRS990/CYRevenuesLessExpensesAmt0184254
IRS990/CYSalariesCompEmpBnftPaidAmt01268876
IRS990/CYTotalExpensesAmt01482999
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01667253
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0147144
IRS990/DeferredRevenueGrp/EOYAmt0152854
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02941
IRS990/DepreciationDepletionGrp/ProgramServicesAmt011473
IRS990/DepreciationDepletionGrp/TotalAmt014414
IRS990/Desc0FAMILY COOPERATIVE CHILDHOOD EDUCATION PROGRAM, PROVIDES A NURTURING, CARING AND LOVING LEARNING ENVIRONMENT. THE UNIQUENESS OF EACH CHILD IS VALUED. TOLERANCE, KINDNESS AND GOOD CITIZENSHIP ARE TAUGHT. FAMILY INVOLVEMENT IS REQUIRED. CLASSES PROVIDE A LOW STUDENT-TEACHER RATIO TO MEET INDIVIDUAL NEEDS. A HIGHLY INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAM IS PROVIDED TO TEACH THE WHOLE CHILD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt052
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01111950
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03792
IRS990/FeesForServicesAccountingGrp/TotalAmt03792
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM SOLLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN MIRACLE
IRS990/Form990PartVIISectionAGrp/PersonNm2BRAD KESSLER
IRS990/Form990PartVIISectionAGrp/PersonNm3DANIEL SWINTOSKY
IRS990/Form990PartVIISectionAGrp/PersonNm4LACEY MCNARY
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK BOWLING
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL GOODWIN
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHY HINKEBEIN
IRS990/Form990PartVIISectionAGrp/PersonNm8CHAD MCCAULEY
IRS990/Form990PartVIISectionAGrp/PersonNm9PAT MCELHONE
IRS990/Form990PartVIISectionAGrp/PersonNm10MELANIE WILLIS
IRS990/Form990PartVIISectionAGrp/PersonNm11KRISTINA CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
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/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BUSINESS MAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0394673
IRS990/FundraisingDirectExpensesAmt022979
IRS990/FundraisingGrossIncomeAmt049828
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01690232
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02475
IRS990/InsuranceGrp/TotalAmt02475
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt095824
IRS990/LandBldgEquipBasisNetGrp/BOYAmt081703
IRS990/LandBldgEquipBasisNetGrp/EOYAmt067285
IRS990/LandBldgEquipCostOrOtherBssAmt0163109
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGNAIZATION IS A COOPERATIVE PRESCHOOL AND ELEMENTARY SCHOOL. THE PROGRAM EMPHASIZES AN INCLUSIVE POPULATION, WHICH INCLUDES CHILDREN WITH SPECIAL NEEDS. THE PROGRAM PROVIDES EXPERIENTIAL CHILD-CENTERED EDUCATIONAL OPPORTUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-87122
IRS990/NetAssetsOrFundBalancesEOYAmt099431
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt026849
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt014777
IRS990/OccupancyGrp/ProgramServicesAmt051073
IRS990/OccupancyGrp/TotalAmt065850
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026072
IRS990/OfficeExpensesGrp/ProgramServicesAmt01213
IRS990/OfficeExpensesGrp/TotalAmt027285
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01599
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05527
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07126
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2CONTINUING EDUCATION
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020236
IRS990/OtherExpensesGrp/ProgramServicesAmt025260
IRS990/OtherExpensesGrp/ProgramServicesAmt113324
IRS990/OtherExpensesGrp/ProgramServicesAmt212253
IRS990/OtherExpensesGrp/TotalAmt025260
IRS990/OtherExpensesGrp/TotalAmt120236
IRS990/OtherExpensesGrp/TotalAmt213324
IRS990/OtherExpensesGrp/TotalAmt312253
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08670
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08670
IRS990/OtherRevenueTotalAmt08670
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0264045
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0912613
IRS990/OtherSalariesAndWagesGrp/TotalAmt01176658
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019095
IRS990/PayrollTaxesGrp/ProgramServicesAmt065997
IRS990/PayrollTaxesGrp/TotalAmt085092
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KRISTINA CHRISTENSEN
IRS990/PriorPeriodAdjustmentsAmt02299
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1EXTENDED DAY FEES
IRS990/ProgramServiceRevenueGrp/Desc2FINANCIAL AID/SCHOLARSHIPS
IRS990/ProgramServiceRevenueGrp/Desc3DISCOUNTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01197086
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1192306
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-12344
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-209987
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01197086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1192306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-12344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-209987
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FAMILY COOPERATIVE CHILDHOOD EDUCATION PROGRAM, PROVIDES A NURTURING, CARING AND LOVING LEARNING ENVIRONMENT. THE UNIQUENESS OF EACH CHILD IS VALUED. TOLERANCE, KINDNESS AND GOOD CITIZENSHIP ARE TAUGHT. FAMILY INVOLVEMENT IS REQUIRED. CLASSES PROVIDE A LOW STUDENT-TEACHER RATIO TO MEET INDIVIDUAL NEEDS. A HIGHLY INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAM IS PROVIDED TO TEACH THE WHOLE CHILD.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt011473
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0132501
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0218673
IRS990/PYOtherRevenueAmt064816
IRS990/PYProgramServiceRevenueAmt0992709
IRS990/PYRevenuesLessExpensesAmt0-191152
IRS990/PYSalariesCompEmpBnftPaidAmt01162505
IRS990/PYTotalExpensesAmt01381178
IRS990/PYTotalRevenueAmt01190026
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0184254
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-87122
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt099431
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03679
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03679
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01482999
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt067285
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt095824
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0163109
IRS990ScheduleD/RevenueSubtotalAmt01667253
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067285
IRS990ScheduleD/TotalExpensesPerForm990Amt01482999
IRS990ScheduleD/TotalRevenuePerForm990Amt01667253
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01667253
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01482999
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/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0394673
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0394673
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022979
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0444501
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0444501
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt049828
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt049828
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt026849
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022979
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022979
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGNAIZATION IS A COOPERATIVE PRESCHOOL AND ELEMENTARY SCHOOL. THE PROGRAM EMPHASIZES AN INCLUSIVE POPULATION, WHICH INCLUDES CHILDREN WITH SPECIAL NEEDS. THE PROGRAM PROVIDES EXPERIENTIAL CHILD-CENTERED EDUCATIONAL OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FAMILY COOPERATIVE CHILDHOOD EDUCATION PROGRAM, PROVIDES A NURTURING, CARING AND LOVING LEARNING ENVIRONMENT. THE UNIQUENESS OF EACH CHILD IS VALUED. TOLERANCE, KINDNESS AND GOOD CITIZENSHIP ARE TAUGHT. FAMILY INVOLVEMENT IS REQUIRED. CLASSES PROVIDE A LOW STUDENT-TEACHER RATIO TO MEET INDIVIDUAL NEEDS. A HIGHLY INDIVIDUALIZED, DEVELOPMENTALLY APPROPRIATE PROGRAM IS PROVIDED TO TEACH THE WHOLE CHILD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FINANCE COMMITTEE REVIEWS ALL FORMS AND SCHEDULES TO BE SURE ALL INFORMATION IS COMPLETE AND ACCURATE IN COMPARISON TO THE INDEPENDENTLY AUDITED FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS THEN REVIEWS THE MAIN FORM AS RECOMMENDED BY THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE DIRECTOR'S PERFORMANCE AND APPROVES ANY INCREASE IN COMPENSATION. ALL COMPENSATION OF STAFF IS COMPARED TO REGIONAL COMPENSATION PACKAGES FOR TEACHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL POLICIES AND PROCEDURES INCLUDING CONFLICT OF INTEREST POLICIES ARE GIVEN TO EVERY PROSPECTIVE FAMILY. IN ADDITION, THEY ARE AVAILABLE ON OUR WEB SITE. FINANCIAL STATMENTS ARE GIVEN TO FAMILIES AT THE ANNUAL MEETING, AS WELL AS AVAILABLE ON REQUEST. THE FORM 990 IS A PUBLIC DOCUMENT AND AVAILABLE FOR VIEW AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0149813
IRS990/TotalAssetsEOYAmt0326068
IRS990/TotalAssetsGrp/BOYAmt0149813
IRS990/TotalAssetsGrp/EOYAmt0326068
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0464673
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0359576
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01123423
IRS990/TotalFunctionalExpensesGrp/TotalAmt01482999
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0236935
IRS990/TotalLiabilitiesEOYAmt0226637
IRS990/TotalLiabilitiesGrp/BOYAmt0236935
IRS990/TotalLiabilitiesGrp/EOYAmt0226637
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-87122
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt099431
IRS990/TotalOtherProgSrvcExpenseAmt011473
IRS990/TotalProgramServiceExpensesAmt01123423
IRS990/TotalProgramServiceRevenueAmt01167061
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01175731
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01667253
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0149813
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0326068
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt071884
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt064700
IRS990/USAddress/AddressLine1Txt0901 BRECKENRIDGE LANE
IRS990/USAddress/CityNm0LOUISVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040207
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.FRIENDS-SCHOOL.INFO
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTINA CHRISTENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05028991822
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0611213141
ReturnHeader/Filer/PhoneNum05028991822
ReturnHeader/Filer/USAddress/AddressLine1Txt0901 BRECKENRIDGE LN
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040207
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId042071867E23F9E3C494B6C62B2BD3DD0D1C67E4F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B1F84DBAA91BD1EF28C568D79B29F212332561EC
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611031610
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOODMAN & WEBER PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010357 LINN STATION RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040223
ReturnHeader/PreparerPersonGrp/PhoneNum05023390342
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$326,068
Liabilities
$226,637
Net assets
$99,431
Revenue
$1,667,253
Expenses
$1,482,999
Net income
$184,254
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.32$1.00$2.54$2.55$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.30$0.97$2.37$2.23$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.36$0.83$2.31$1.88$0.43
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.62$0.40$1.92$1.68$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.44$0.16$1.80$1.69$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.31$0.04$1.69$1.80$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.28$0.15$1.83$1.79$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.23$0.10$1.67$1.48$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.24$0.09$1.19$1.38$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.19$0.10$1.25$1.21$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.16$0.04$1.10$1.07$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.17$0.03$1.16
2012Summary only. Only limited summary data is available for this year.$0.23$0.19$0.04$1.09$1.10$0.02
2011Summary only. Only limited summary data is available for this year.$0.22$0.16$0.06$1.02$0.99$0.03