Civic Intelligence

Fayette Academy

990 • Fiscal year 2016 • EIN 62-0726245

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 21, 2017

Organization ProfileWWW.FAYETTEACADEMY.COM

View Organization Page

15090 Hwy 64Somerville, TN 38068

(901) 465-3241

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

1.81x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

21st percentile

-8.9%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

46th percentile

$111,287

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

24th percentile

-3.5%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

39th percentile

-0.5%

Faster revenue growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$8,752,909

Down $314,591 (-3.5%) from 2015

Net Assets

Down

$245,472

Down $420,654 (-63%) from 2015

Liabilities

Up

$8,507,437

Up $106,063 (+1.3%) from 2015

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin21st percentile

Revenue

Down

$4,700,143

Down $21,887 (-0.5%) from 2015

Expenses

Up

$5,120,797

Up $64,950 (+1.3%) from 2015

Net Income

Down

-$420,654

Down $86,837 (-26%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$10M$5.0M$0Assets 2010: $4,901,961Liabilities 2010: $4,552,167Net Assets 2010: $349,7942010Assets 2011: $7,668,909Liabilities 2011: $7,129,151Net Assets 2011: $539,7582011Assets 2012: $8,441,323Liabilities 2012: $7,706,600Net Assets 2012: $734,7232012Assets 2013: $8,374,727Liabilities 2013: $7,424,067Net Assets 2013: $950,6602013Assets 2014: $8,141,909Liabilities 2014: $7,141,966Net Assets 2014: $999,9432014Assets 2015: $9,067,500Liabilities 2015: $8,401,374Net Assets 2015: $666,1262015Assets 2016: $8,752,909Liabilities 2016: $8,507,437Net Assets 2016: $245,4722016Assets 2017: $8,037,055Liabilities 2017: $7,982,218Net Assets 2017: $54,8372017Assets 2018: $8,021,124Liabilities 2018: $7,771,144Net Assets 2018: $249,9802018Assets 2019: $8,529,986Liabilities 2019: $8,174,404Net Assets 2019: $355,5822019Assets 2020: $8,026,856Liabilities 2020: $7,176,599Net Assets 2020: $850,2572020Assets 2021: $8,858,153Liabilities 2021: $7,805,295Net Assets 2021: $1,052,8582021Assets 2022: $8,678,300Liabilities 2022: $7,839,607Net Assets 2022: $838,6932022Assets 2023: $9,956,981Liabilities 2023: $8,063,593Net Assets 2023: $1,893,3882023Assets 2024: $9,947,668Liabilities 2024: $7,557,707Net Assets 2024: $2,389,9612024

Highlighted filing

2016

Assets$8,752,909
Liabilities$8,507,437
Net Assets$245,472
Open 2016 Filing

Operations Trend

Revenue Growth39th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,351,8002010Expenses 2011: $4,460,6692011Expenses 2012: $4,655,2562012Expenses 2013: $4,776,9332013Revenue 2014: $5,148,525Expenses 2014: $5,099,242Net Income 2014: $49,2832014Revenue 2015: $4,722,030Expenses 2015: $5,055,847Net Income 2015: -$333,8172015Revenue 2016: $4,700,143Expenses 2016: $5,120,797Net Income 2016: -$420,6542016Revenue 2017: $4,781,902Expenses 2017: $4,972,537Net Income 2017: -$190,6352017Revenue 2018: $5,312,457Expenses 2018: $5,117,314Net Income 2018: $195,1432018Revenue 2019: $5,240,535Expenses 2019: $5,134,933Net Income 2019: $105,6022019Revenue 2020: $5,767,060Expenses 2020: $5,272,385Net Income 2020: $494,6752020Revenue 2021: $5,496,842Expenses 2021: $5,294,241Net Income 2021: $202,6012021Revenue 2022: $5,865,591Expenses 2022: $6,079,756Net Income 2022: -$214,1652022Revenue 2023: $7,318,201Expenses 2023: $6,263,506Net Income 2023: $1,054,6952023Revenue 2024: $6,985,731Expenses 2024: $6,489,158Net Income 2024: $496,5732024

Highlighted filing

2016

Revenue$4,700,143
Expenses$5,120,797
Net Income-$420,654
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 21, 2017
Return Version
2015v3.0
Gross Receipts
$4,932,229
Mission and Program Overview

Mission

To provide co-educational and extracurricular activities to students from pre-kindergarten to 12th grade.

Fayette academy is a college preparatory school based on christian beliefs and is dedicated to providing a quality education for students in pre-k to grade twelve. The school is committed to the development of each student with emphasis placed on academic, personal, moral, social, and physical development in a safe environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,101,052$5,944,315▼ $156,737
Accounts Receivable$1,839,373$1,782,963▼ $56,410
Cash and Non-Interest-Bearing Accounts$62,082$786,826▲ $724,744
Savings and Temporary Cash Investments$1,064,993$238,805▼ $826,188
Total Assets$9,067,500$8,752,909▼ $314,591
Liabilities
Deferred Revenue$4,201,843$4,267,378▲ $65,535
Mortgage Notes Payable Secured by Investment Property$3,616,919$3,654,023▲ $37,104
Other Liabilities$368,060$427,652▲ $59,592
Accounts Payable and Accrued Expenses$214,552$158,384▼ $56,168
Total Liabilities$8,401,374$8,507,437▲ $106,063
Net Assets / Fund Balance
Temporarily Rstr Net Assets$130,000$130,000→ $0
Unrestricted Net Assets$536,126$115,472▼ $420,654
Total Net Assets Fund Balance$666,126$245,472▼ $420,654
Total Liabilities and Net Assets / Fund Balance$9,067,500$8,752,909▼ $314,591

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,949,727$2,555,707$7,505,434
Equipment$913,609$1,735,934$2,649,543
Land$80,979-$80,979
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald CanadaHeadmasterFT$108,046$3,241$111,287

Board Members and Trustees

NameTitle
Steve CraftonChairman
Dr Glenn WeatherlyVice Chairman
Alex ArmourDirector
April AusteinDirector
Bill RheaDirector
Brian K CulverDirector
Buster OrrDirector
Janet HuntDirector
Jeff FletcherDirector
Jonathan CrookDirector
Vip LewisDirector
Dr Katie MiddlecoffSecretary
David WhitentonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fayette Janitorial ServiceCleaning And MaintenancePO BOX 866, Somerville, TN 38068$146,300
Tri State Fire ProtectionMaintenance3729 E RAINES ROAD, Memphis, TN 38118$115,164
Revenue and Support

Revenue Composition

Contributions and Grants
$233,336
Program Service Revenue
$4,278,799
Investment Income
$1,349
Other Revenue
$186,659
All Other Contributions
$233,336
Change in Net Assets
$-420,654

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,700,143
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$232,086
Total Revenue per Audited Statements
$4,932,229
Total Revenue per Form 990
$4,700,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,245,842
Other Expenses$1,874,955
Total Fundraising Expense$98,718
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,352,469$420,892$53,987$2,827,348
Depreciation Depletion-$535,223-$535,223
All Other Expenses$207,128$26,557-$233,685
Payroll Taxes$167,965$27,215$2,247$197,427
Occupancy-$172,565-$172,565
Other Employee Benefits$77,178$78,479-$155,657
Other Expenses$7,160$117,179$7,955$124,339
Interest-$80,830-$80,830
Pension Plan Contributions$54,670$10,740-$65,410
Insurance$64,491--$64,491
Information Technology-$33,430-$33,430
Advertising-$14,748$1,679$16,427
Travel--$370$370
Total Functional Expenses$3,265,213$1,756,866$98,718$5,120,797

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,352,883
Expenses per Audited Statements$5,120,797
Total Expenses per Form 990$5,120,797
Expenses Not Reported on Form 990$232,086
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$146,369
Fundraising Direct Expenses$0
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
Accrued Payroll$195,296
Student Activity and Auxillary Serv$133,912
Accrued Interest$67,131
Withholdings$31,313
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 form 990 is reviewed by the treasurer of the organization prior to being filed.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available upon request with some information also provided on its website.”

Filing and Contact Details

Filer

Filer Name
Fayette Academy
EIN
62-0726245
Phone
9014653241
Address
15090 HWY 64, SOMERVILLE, TN 38068

Signing Officer

Name
David Whitenton
Title
Treasurer
Phone
9014653241
Signed
2017-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Whitenton
Formed
1965
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
104
Volunteers
0

Preparer

Firm
Fouts & Morgan Cpas
Address
1715 AARON BRENNER DR STE 700, MEMPHIS, TN 38120-1471
Preparer
Gary D Purdy CPA
Phone
9017612110
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school accounts for uncertain tax positions based upon accounting standards codification ("asc") 740-10 and has evaluated its tax positions taken for all open tax years. The school has filed returns with the internal revenue service and considers this to be its major tax jurisdiction. Currently, the past three tax years are open and subject to examination. However, the school is not currently under audit nor has the school been contacted by this jurisdiction. Based on the evaluation of the tax positions, management believes all positions taken would more likely than not be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended june 30, 2016.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 232,086.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 232,086.”

Raw XML AppendixShowing 400 of 490 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.

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IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt0146369
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04932229
IRS990/GrossSalesOfInventoryAmt0265548
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt033430
IRS990/InformationTechnologyGrp/TotalAmt033430
IRS990/InsuranceGrp/ProgramServicesAmt064491
IRS990/InsuranceGrp/TotalAmt064491
IRS990/InterestGrp/ManagementAndGeneralAmt080830
IRS990/InterestGrp/TotalAmt080830
IRS990/InvestmentIncomeGrp/ExclusionAmt01349
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01349
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt059
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04291641
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06101052
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05944315
IRS990/LandBldgEquipCostOrOtherBssAmt010235956
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE CO-EDUCATIONAL AND EXTRACURRICULAR ACTIVITIES TO STUDENTS FROM PRE-KINDERGARTEN TO 12TH GRADE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03616919
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03654023
IRS990/NetAssetsOrFundBalancesBOYAmt0666126
IRS990/NetAssetsOrFundBalancesEOYAmt0245472
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0146369
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0146369
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt033462
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt033462
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0172565
IRS990/OccupancyGrp/TotalAmt0172565
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt078479
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt077178
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0155657
IRS990/OtherExpensesGrp/Desc0ATHLETICS
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/FundraisingAmt032480
IRS990/OtherExpensesGrp/FundraisingAmt17955
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0173000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt166008
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2117179
IRS990/OtherExpensesGrp/ProgramServicesAmt0224368
IRS990/OtherExpensesGrp/ProgramServicesAmt1109784
IRS990/OtherExpensesGrp/ProgramServicesAmt27160
IRS990/OtherExpensesGrp/TotalAmt0224368
IRS990/OtherExpensesGrp/TotalAmt1205480
IRS990/OtherExpensesGrp/TotalAmt2183747
IRS990/OtherExpensesGrp/TotalAmt3124339
IRS990/OtherLiabilitiesGrp/BOYAmt0368060
IRS990/OtherLiabilitiesGrp/EOYAmt0427652
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06828
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06828
IRS990/OtherRevenueTotalAmt06828
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt053987
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0420892
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02352469
IRS990/OtherSalariesAndWagesGrp/TotalAmt02827348
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02247
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027215
IRS990/PayrollTaxesGrp/ProgramServicesAmt0167965
IRS990/PayrollTaxesGrp/TotalAmt0197427
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010740
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt054670
IRS990/PensionPlanContributionsGrp/TotalAmt065410
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID WHITENTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL ATHLETICS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04118777
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1160022
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04118777
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1160022
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0103134
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01742
IRS990/PYOtherExpensesAmt01742926
IRS990/PYOtherRevenueAmt0156041
IRS990/PYProgramServiceRevenueAmt04461113
IRS990/PYRevenuesLessExpensesAmt0-333817
IRS990/PYSalariesCompEmpBnftPaidAmt03312921
IRS990/PYTotalExpensesAmt05055847
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04722030
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-420654
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04295498
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01064993
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0238805
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04949727
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02555707
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07505434
IRS990ScheduleD/EquipmentGrp/BookValueAmt0913609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01735934
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02649543
IRS990ScheduleD/ExpensesNotReportedAmt0232086
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05120797
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt080979
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt080979
IRS990ScheduleD/OtherExpensesIncludedAmt0232086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0195296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt167131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2133912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt331313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2STUDENT ACTIVITY AND AUXILLARY SERV
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3WITHHOLDINGS
IRS990ScheduleD/OtherRevenueAmt0232086
IRS990ScheduleD/RevenueNotReportedAmt0232086
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04700143
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ACCOUNTS FOR UNCERTAIN TAX POSITIONS BASED UPON ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10 AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. THE SCHOOL HAS FILED RETURNS WITH THE INTERNAL REVENUE SERVICE AND CONSIDERS THIS TO BE ITS MAJOR TAX JURISDICTION. CURRENTLY, THE PAST THREE TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THIS JURISDICTION. BASED ON THE EVALUATION OF THE TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 232,086.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 232,086.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05944315
IRS990ScheduleD/TotalExpensesPerForm990Amt05120797
IRS990ScheduleD/TotalLiabilityAmt0427652
IRS990ScheduleD/TotalRevenuePerForm990Amt04700143
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04932229
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05352883
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S RACIALLY NON-DISCRIMINATORY POLICY IS ADVERTISED THROUGH LOCAL NEWSPAPERS, MAGAZINES AND OTHER PRINTED MEDIA. IN ADDITION, THIS POLICY IS DISCLOSED ON THE SCHOOL'S INTERNET WEB-SITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,752,909
Liabilities
$8,507,437
Net assets
$245,472
Revenue
$4,700,143
Expenses
$5,120,797
Net income
-$420,654
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.95$7.56$2.39$6.99$6.49$0.50
2023Detailed filing. Detailed filing data is available for this year.$9.96$8.06$1.89$7.32$6.26$1.05
2022Detailed filing. Detailed filing data is available for this year.$8.68$7.84$0.84$5.87$6.08$0.21
2021Detailed filing. Detailed filing data is available for this year.$8.86$7.81$1.05$5.50$5.29$0.20
2020Detailed filing. Detailed filing data is available for this year.$8.03$7.18$0.85$5.77$5.27$0.49
2019Detailed filing. Detailed filing data is available for this year.$8.53$8.17$0.36$5.24$5.13$0.11
2018Detailed filing. Detailed filing data is available for this year.$8.02$7.77$0.25$5.31$5.12$0.20
2017Detailed filing. Detailed filing data is available for this year.$8.04$7.98$0.05$4.78$4.97$0.19
2016Detailed filing. Detailed filing data is available for this year.$8.75$8.51$0.25$4.70$5.12$0.42
2015Detailed filing. Detailed filing data is available for this year.$9.07$8.40$0.67$4.72$5.06$0.33
2014Detailed filing. Detailed filing data is available for this year.$8.14$7.14$1.00$5.15$5.10$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.37$7.42$0.95$4.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.44$7.71$0.73$4.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.67$7.13$0.54$4.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$4.55$0.35$4.35