Civic Intelligence

Akiva School

990 • Fiscal year 2016 • EIN 62-0694534

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 13, 2016

809 Percy Warner BlvdNashville, TN 37205

(615) 356-1880

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.15x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

55th percentile

3.9%

Higher net margin than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

55th percentile

2.7%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

35th percentile

-2.4%

Faster revenue growth than 35% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,841,041

Up $48,627 (+2.7%) from 2015

Net Assets

Up

$1,540,818

Up $66,863 (+4.5%) from 2015

Liabilities

Down

$300,223

Down $18,236 (-5.7%) from 2015

Revenue

Down

$1,960,288

Down $48,964 (-2.4%) from 2015

Expenses

Up

$1,883,581

Up $157,246 (+9.1%) from 2015

Net Income

Down

$76,707

Down $206,210 (-73%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,166,647Liabilities 2011: $431,707Net Assets 2011: $1,734,9402011Assets 2012: $1,795,303Liabilities 2012: $514,426Net Assets 2012: $1,280,8772012Assets 2013: $1,596,599Liabilities 2013: $558,159Net Assets 2013: $1,038,4402013Assets 2014: $1,554,908Liabilities 2014: $365,430Net Assets 2014: $1,189,4782014Assets 2015: $1,792,414Liabilities 2015: $318,459Net Assets 2015: $1,473,9552015Assets 2016: $1,841,041Liabilities 2016: $300,223Net Assets 2016: $1,540,8182016Assets 2018: $1,681,130Liabilities 2018: $185,761Net Assets 2018: $1,495,3692018Assets 2019: $3,026,662Liabilities 2019: $363,242Net Assets 2019: $2,663,4202019Assets 2020: $3,392,636Liabilities 2020: $732,837Net Assets 2020: $2,659,7992020Assets 2021: $4,047,743Liabilities 2021: $781,211Net Assets 2021: $3,266,5322021Assets 2022: $4,634,743Liabilities 2022: $775,521Net Assets 2022: $3,859,2222022Assets 2023: $5,038,224Liabilities 2023: $913,654Net Assets 2023: $4,124,5702023Assets 2024: $6,312,161Liabilities 2024: $1,149,526Net Assets 2024: $5,162,6352024

Highlighted filing

2016

Assets$1,841,041
Liabilities$300,223
Net Assets$1,540,818

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,652,211Expenses 2011: $1,703,723Net Income 2011: -$51,5122011Revenue 2012: $1,576,184Expenses 2012: $1,955,719Net Income 2012: -$379,5352012Revenue 2013: $1,763,696Expenses 2013: $2,010,513Net Income 2013: -$246,8172013Revenue 2014: $1,935,222Expenses 2014: $1,791,405Net Income 2014: $143,8172014Revenue 2015: $2,009,252Expenses 2015: $1,726,335Net Income 2015: $282,9172015Revenue 2016: $1,960,288Expenses 2016: $1,883,581Net Income 2016: $76,7072016Revenue 2018: $1,871,516Expenses 2018: $1,908,624Net Income 2018: -$37,1082018Revenue 2019: $2,914,509Expenses 2019: $1,749,581Net Income 2019: $1,164,9282019Revenue 2020: $1,921,520Expenses 2020: $1,893,919Net Income 2020: $27,6012020Revenue 2021: $2,488,746Expenses 2021: $2,034,480Net Income 2021: $454,2662021Revenue 2022: $3,111,936Expenses 2022: $2,309,387Net Income 2022: $802,5492022Revenue 2023: $2,917,217Expenses 2023: $2,632,985Net Income 2023: $284,2322023Revenue 2024: $3,945,838Expenses 2024: $3,010,676Net Income 2024: $935,1622024

Highlighted filing

2016

Revenue$1,960,288
Expenses$1,883,581
Net Income$76,707
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 13, 2016
Return Version
2015v2.1
Gross Receipts
$1,960,288
Mission and Program Overview

Mission

At akiva, we pursue excellence, foster critical inquiry, and inspire informed jewish living.we believe in, promote, and expect academic excellence in our general studies and jewish studies curriculum. Our educational program incorporates the best of what students need to know for future success and, more importantly, what they can do with that knowledge. We believe it's not enough to learn facts, concepts, vocabulary, and ideas - we expect our student to use that knowledge for solving problems, refining ideas, and communicating effectively through rich and meaningful projects!

Akiva school is a private jewish day school which provides academic and judaic studies for kindergarten through 6th grade students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,297,825$1,372,557▲ $74,732
Savings and Temporary Cash Investments$184,878$186,632▲ $1,754
Pledges and Grants Receivable$166,234$141,210▼ $25,024
Investments in Publicly Traded Securities$108,357$102,660▼ $5,697
Cash and Non-Interest-Bearing Accounts$23,626$28,534▲ $4,908
Accounts Receivable$7,739$5,850▼ $1,889
Total Assets$1,792,414$1,841,041▲ $48,627
Other Assets Total$3,755$3,598▼ $157
Liabilities
Deferred Revenue$282,623$283,542▲ $919
Accounts Payable and Accrued Expenses$35,836$16,681▼ $19,155
Total Liabilities$318,459$300,223▼ $18,236
Net Assets / Fund Balance
Unrestricted Net Assets$1,130,080$1,234,448▲ $104,368
Temporarily Rstr Net Assets$271,375$223,870▼ $47,505
Permanently Rstr Net Assets$72,500$82,500▲ $10,000
Total Net Assets Fund Balance$1,473,955$1,540,818▲ $66,863
Total Liabilities and Net Assets / Fund Balance$1,792,414$1,841,041▲ $48,627

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,344,777$1,999,151$3,343,928
Equipment$27,780$472,399$500,179

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$90,170$10,000▼ $5,242-$94,928
2014$77,287$10,000▲ $2,883-$90,170
2013$57,842$12,500▲ $6,945-$77,287
2012$42,272$12,500▲ $3,822$752$57,842
2011$25,000$12,500▲ $4,772-$42,272
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynn HeadyHeaD OF SCHOOLFT$138,875$26,979$165,854

Board Members and Trustees

NameTitle
Uzi YeminPresident
Ben DoochinVice President
David SteineDirector
Erin ColemanDirector
Laurie RiceDirector
Moshe WerthanDirector
Polina VorobeychikDirector
Rebecca AckermanDirector
Tamar Ginzburgdirector
Yitzchok Teichteldirector
Eileen RuchmanSecretary
Avigal SoreqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$966,238
Program Service Revenue
$823,372
Investment Income
$4,147
Other Revenue
$166,531
All Other Contributions
$966,238
Change in Net Assets
$76,707

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,712,500
Revenue Not Reported on Financial Statements
$247,788
Revenue Not Reported on Form 990
$-1,904
Other Revenue Adjustments
$247,788
Total Revenue per Audited Statements
$1,710,596
Total Revenue per Form 990
$1,960,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,163,938
Other Expenses$471,855
Grants and Similar Amounts Paid$247,788
Total Fundraising Expense$117,546
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$707,366$126,975-$834,341
Grants to Domestic Individuals$247,788--$247,788
Current Officers, Directors, Trustees, and Key Employees$24,600$57,400$82,000$164,000
Depreciation Depletion$119,440--$119,440
Fees for Services Accounting-$77,500-$77,500
Payroll Taxes$53,255$13,414$5,966$72,635
Other Employee Benefits$47,663$12,006$5,340$65,009
Occupancy$35,387--$35,387
Pension Plan Contributions$20,495$5,162$2,296$27,953
All Other Expenses$22,378$2,926-$25,304
Office Expenses$9,380$13,621-$23,001
Information Technology$12,168$7,044-$19,212
Insurance$15,260--$15,260
Other Expenses$43,048$14,085$18,426$14,085
Advertising-$11,514-$11,514
Interest$604--$604
Total Functional Expenses$1,420,225$345,810$117,546$1,883,581

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,883,581
Total Expenses per Audited Statements$1,643,733
Expenses per Audited Statements$1,635,793
Expenses Not Reported on Financial Statements$247,788
Other Expense Adjustments$247,788
Expenses Not Reported on Form 990$7,940
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Part VI, Section B, line 11

The Federation Executive Director and Controller, as well as the Akiva Head of School, review the 990 prior to filing. A draft version of the 990 will also be distributed to each board member.

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

Employees are expected to avoid conflicts of interest at all times. Akiva recognizes the right of employees to engage in activities outside of their employment that are of a private nature and unrelated to school business. A conflict of interest occurs when an employee's personal or financial interests interfere with, or appear to interfere with, his or her duties and responsibilities to Akiva. Sometimes conflicts of interest will develop accidentally or unexpectedly. If this happens, any employee having knowledge of the situation must report the matter directly to the Department Supervisor or the Head of School. The organization continually asks and follows up on any potential conflicts of interest.

Form 990, Part VI, Section B, line 15A

The board chair during the recruitment of the head of school sought comparative data from ravsak and peje regarding pay levels for the position.

Form 990, Part VI, Section C, line 19

The documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Akiva School
EIN
62-0694534
Phone
6153561880
Address
809 Percy Warner Blvd, Nashville, TN 37205

Signing Officer

Name
Avigal Soreq
Title
Treasurer
Phone
6153561880
Signed
2016-12-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Avigal Soreq
Formed
1954
Legal Domicile
Tn
Voting Board Members
12
Independent Board Members
12
Employees
26
Volunteers
10

Preparer

Firm
Frasier Dean & Howard Pllc
Address
3310 West End Ave Ste 550, Nashville, TN 37203
Preparer
Sara G Moon
Phone
6153836592
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

The funds are used to further the organization's exempt purpose.

Part X, Line 2:

The School is a not-for-profit organization and is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation. Accordingly, no provision for income taxes is included in the accompanying financial statements. The School follows Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") guidance clarifying the accounting for uncertainty in income taxes recognized in an entity's financial statements. This guidance prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. The School has no tax penalties or interest reported in the accompanying financial statements. Tax years that remain open for examination include years ended June 30, 2013 through June 30, 2016. The School had no uncertain tax positions at June 30, 2016 and 2015.

Part XI, Line 4B - Other Adjustments:

Scholarships/discounts 247,788.

Part XII, Line 4B - Other Adjustments:

Scholarships/discounts 247,788.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt11director
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IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07044
IRS990/InformationTechnologyGrp/ProgramServicesAmt012168
IRS990/InformationTechnologyGrp/TotalAmt019212
IRS990/InsuranceGrp/ProgramServicesAmt015260
IRS990/InsuranceGrp/TotalAmt015260
IRS990/InterestGrp/ProgramServicesAmt0604
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt0108357
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0102660
IRS990/IRPDocumentCnt011
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AT AKIVA, WE PURSUE EXCELLENCE, FOSTER CRITICAL INQUIRY, AND INSPIRE INFORMED JEWISH LIVING.WE BELIEVE IN, PROMOTE, AND EXPECT ACADEMIC EXCELLENCE IN OUR GENERAL STUDIES AND JEWISH STUDIES CURRICULUM. OUR EDUCATIONAL PROGRAM INCORPORATES THE BEST OF WHAT STUDENTS NEED TO KNOW FOR FUTURE SUCCESS AND, MORE IMPORTANTLY, WHAT THEY CAN DO WITH THAT KNOWLEDGE. WE BELIEVE IT'S NOT ENOUGH TO LEARN FACTS, CONCEPTS, VOCABULARY, AND IDEAS - WE EXPECT OUR STUDENT TO USE THAT KNOWLEDGE FOR SOLVING PROBLEMS, REFINING IDEAS, AND COMMUNICATING EFFECTIVELY THROUGH RICH AND MEANINGFUL PROJECTS!
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt01540818
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-9844
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt035387
IRS990/OccupancyGrp/TotalAmt035387
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013621
IRS990/OfficeExpensesGrp/ProgramServicesAmt09380
IRS990/OfficeExpensesGrp/TotalAmt023001
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03755
IRS990/OtherAssetsTotalGrp/EOYAmt03598
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05340
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012006
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047663
IRS990/OtherEmployeeBenefitsGrp/TotalAmt065009
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1EDUCATION EXPENSE
IRS990/OtherExpensesGrp/Desc2FUNDRAISING & DEVELOPME
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt03518
IRS990/OtherExpensesGrp/FundraisingAmt118426
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04163
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114085
IRS990/OtherExpensesGrp/ProgramServicesAmt061393
IRS990/OtherExpensesGrp/ProgramServicesAmt143048
IRS990/OtherExpensesGrp/TotalAmt069074
IRS990/OtherExpensesGrp/TotalAmt143048
IRS990/OtherExpensesGrp/TotalAmt218426
IRS990/OtherExpensesGrp/TotalAmt314085
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Insurance Proceeds
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126975
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0707366
IRS990/OtherSalariesAndWagesGrp/TotalAmt0834341
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05966
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013414
IRS990/PayrollTaxesGrp/ProgramServicesAmt053255
IRS990/PayrollTaxesGrp/TotalAmt072635
IRS990/PensionPlanContributionsGrp/FundraisingAmt02296
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05162
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt020495
IRS990/PensionPlanContributionsGrp/TotalAmt027953
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt072500
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt082500
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0141210
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Avigal Soreq
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1MISC. SCHOOL ACTIVITIE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0814722
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0814722
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18650
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01204470
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0236620
IRS990/PYInvestmentIncomeAmt02509
IRS990/PYOtherExpensesAmt0533437
IRS990/PYOtherRevenueAmt0164486
IRS990/PYProgramServiceRevenueAmt0637787
IRS990/PYRevenuesLessExpensesAmt0282917
IRS990/PYSalariesCompEmpBnftPaidAmt0956278
IRS990/PYTotalExpensesAmt01726335
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02009252
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt076707
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0823372
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0186632
IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt094928
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5242
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt077287
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt090170
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02883
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt057842
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt012500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt077287
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06945
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt042272
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt012500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt057842
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03822
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0752
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt025000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt012500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt042272
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04772
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07940
IRS990ScheduleD/DonatedServicesUseFcltsAmt07940
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt027780
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0472399
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0500179
IRS990ScheduleD/ExpensesNotReportedAmt07940
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0247788
IRS990ScheduleD/ExpensesSubtotalAmt01635793
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01999151
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03343928
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-9844
IRS990ScheduleD/OtherExpensesNotIncludedAmt0247788
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0247788
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.86910
IRS990ScheduleD/RevenueNotReportedAmt0-1904
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0247788
IRS990ScheduleD/RevenueSubtotalAmt01712500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUNDS ARE USED TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The School is a not-for-profit organization and is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not a private foundation. Accordingly, no provision for income taxes is included in the accompanying financial statements. The School follows Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") guidance clarifying the accounting for uncertainty in income taxes recognized in an entity's financial statements. This guidance prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate settlement. The School has no tax penalties or interest reported in the accompanying financial statements. Tax years that remain open for examination include years ended June 30, 2013 through June 30, 2016. The School had no uncertain tax positions at June 30, 2016 and 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS/DISCOUNTS 247,788.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS/DISCOUNTS 247,788.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.13090
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01372557
IRS990ScheduleD/TotalExpensesPerForm990Amt01883581
IRS990ScheduleD/TotalRevenuePerForm990Amt01960288
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01710596
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01643733
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00

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