Civic Intelligence

Fayette Academy

990 • Fiscal year 2018 • EIN 62-0726245

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 23, 2019

Organization ProfileWWW.FAYETTEACADEMY.COM

View Organization Page

P O Box 130Somerville, 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.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

1.46x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

52nd percentile

3.7%

Higher net margin than 52% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.2%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

11%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$8,021,124

Down $15,931 (-0.2%) from 2017

Net Assets

Up

$249,980

Up $195,143 (+356%) from 2017

Liabilities

Down

$7,771,144

Down $211,074 (-2.6%) from 2017

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin52nd percentile

Revenue

Up

$5,312,457

Up $530,555 (+11%) from 2017

Expenses

Up

$5,117,314

Up $144,777 (+2.9%) from 2017

Net Income

Up

$195,143

Up $385,778 (+202%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2018

Assets$8,021,124
Liabilities$7,771,144
Net Assets$249,980
Open 2018 Filing

Operations Trend

Revenue Growth66th 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

2018

Revenue$5,312,457
Expenses$5,117,314
Net Income$195,143
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 23, 2019
Return Version
2017v2.3
Gross Receipts
$5,656,665
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$5,556,056$5,059,554▼ $496,502
Accounts Receivable$1,413,351$1,863,834▲ $450,483
Savings and Temporary Cash Investments$1,026,322$953,989▼ $72,333
Cash and Non-Interest-Bearing Accounts$41,326$143,747▲ $102,421
Total Assets$8,037,055$8,021,124▼ $15,931
Liabilities
Deferred Revenue$4,129,175$4,339,582▲ $210,407
Mortgage Notes Payable Secured by Investment Property$3,322,076$2,920,241▼ $401,835
Other Liabilities$378,090$353,596▼ $24,494
Accounts Payable and Accrued Expenses$152,877$157,725▲ $4,848
Total Liabilities$7,982,218$7,771,144▼ $211,074
Net Assets / Fund Balance
Temporarily Rstr Net Assets$130,000$130,000→ $0
Unrestricted Net Assets$-75,163$119,980▲ $195,143
Total Net Assets Fund Balance$54,837$249,980▲ $195,143
Total Liabilities and Net Assets / Fund Balance$8,037,055$8,021,124▼ $15,931

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,537,048$3,109,913$7,646,961
Equipment$350,586$2,298,957$2,649,543
Land$171,920-$171,920
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Bill RheaChairman
Marjory WalkerVice Chairman
Alex ArmourDirector
Blake NeillDirector
Brian K CulverDirector
Dale BurnsDirector
David KelleyDirector
Dr Glenn WeatherlyDirector
Ellen DefoorDirector
Garland GoddardDirector
Janet HuntDirector
Jonathan CrookDirector
Tom MinorDirector
Jan CossarSecretary
David WhitentonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fayette Janitorial ServiceCleaning And MaintenancePO BOX 866, Somerville, TN 38068$165,600
Revenue and Support

Revenue Composition

Contributions and Grants
$90,301
Program Service Revenue
$5,019,096
Investment Income
$1,747
Other Revenue
$201,313
All Other Contributions
$90,301
Change in Net Assets
$195,143

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,312,457
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$344,208
Total Revenue per Audited Statements
$5,656,665
Total Revenue per Form 990
$5,312,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,940,195
Other Expenses$2,177,119
Total Fundraising Expense$76,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,202,866$377,348$43,381$2,623,595
Depreciation Depletion-$562,243-$562,243
All Other Expenses$134,938$71,285$32,996$239,219
Insurance-$222,975-$222,975
Occupancy-$202,790-$202,790
Payroll Taxes$173,358$28,695-$202,053
Other Expenses$119,937$108,551-$108,551
Information Technology-$86,401-$86,401
Interest-$70,236-$70,236
Other Employee Benefits-$58,926-$58,926
Pension Plan Contributions-$55,621-$55,621
Fees for Services Accounting-$11,215-$11,215
Advertising-$9,686$25$9,711
Total Functional Expenses$3,005,140$2,035,772$76,402$5,117,314

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,461,522
Expenses per Audited Statements$5,117,314
Total Expenses per Form 990$5,117,314
Expenses Not Reported on Form 990$344,208
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$123,872
Fundraising Direct Expenses$107,087
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Athletic Boosters$123,872$123,872$107,087$16,785
Total Events$123,872$123,872$107,087$16,785
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dale BurnsDirectorOwner of Fayette Janitorial. Fayette Janitorial Provides the Janitorial Services and Is the Highest Paid Contractor for the School. There Is an Annual Contract for the Services.No$165,000
Brian CulverDirectorBrian Culver Is on the Board. He Provides Electrical Work for the Academy. He Is Not Under Contract With the Academy.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$185,665
Student Activity and Auxillary Serv$114,202
Accrued Interest$50,469
Withholdings$3,260
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
Yes
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 11B

“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
P O BOX 130, SOMERVILLE, TN 38068

Signing Officer

Name
David Whitenton
Title
Treasurer
Phone
9014653241
Signed
2019-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Whitenton
Formed
1965
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
109
Volunteers
25

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, 2018.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 237,121. Fundraising expenses 107,087.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 237,121. Fundraising expenses 107,087.”

Raw XML AppendixShowing 400 of 503 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/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01965
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0107087
IRS990/FundraisingGrossIncomeAmt0123872
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt05656665
IRS990/GrossSalesOfInventoryAmt0302790
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt086401
IRS990/InformationTechnologyGrp/TotalAmt086401
IRS990/InsuranceGrp/ManagementAndGeneralAmt0222975
IRS990/InsuranceGrp/TotalAmt0222975
IRS990/InterestGrp/ManagementAndGeneralAmt070236
IRS990/InterestGrp/TotalAmt070236
IRS990/InvestmentIncomeGrp/ExclusionAmt01747
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01747
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05408870
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05556056
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05059554
IRS990/LandBldgEquipCostOrOtherBssAmt010468424
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/BOYAmt03322076
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02920241
IRS990/NetAssetsOrFundBalancesBOYAmt054837
IRS990/NetAssetsOrFundBalancesEOYAmt0249980
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt016785
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt016785
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt065669
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt065669
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0202790
IRS990/OccupancyGrp/TotalAmt0202790
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt058926
IRS990/OtherEmployeeBenefitsGrp/TotalAmt058926
IRS990/OtherExpensesGrp/Desc0ATHLETICS
IRS990/OtherExpensesGrp/Desc1CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc2MUSIC AND PERFORMING AR
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0169800
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1108551
IRS990/OtherExpensesGrp/ProgramServicesAmt0374041
IRS990/OtherExpensesGrp/ProgramServicesAmt1119937
IRS990/OtherExpensesGrp/TotalAmt0374041
IRS990/OtherExpensesGrp/TotalAmt1169800
IRS990/OtherExpensesGrp/TotalAmt2119937
IRS990/OtherExpensesGrp/TotalAmt3108551
IRS990/OtherLiabilitiesGrp/BOYAmt0378090
IRS990/OtherLiabilitiesGrp/EOYAmt0353596
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0118859
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0118859
IRS990/OtherRevenueTotalAmt0118859
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043381
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0377348
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02202866
IRS990/OtherSalariesAndWagesGrp/TotalAmt02623595
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028695
IRS990/PayrollTaxesGrp/ProgramServicesAmt0173358
IRS990/PayrollTaxesGrp/TotalAmt0202053
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt055621
IRS990/PensionPlanContributionsGrp/TotalAmt055621
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID WHITENTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL ATHLETICS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04757629
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1261467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04757629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1261467
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0169138
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01108
IRS990/PYOtherExpensesAmt01761795
IRS990/PYOtherRevenueAmt0244421
IRS990/PYProgramServiceRevenueAmt04367235
IRS990/PYRevenuesLessExpensesAmt0-190635
IRS990/PYSalariesCompEmpBnftPaidAmt03210742
IRS990/PYTotalExpensesAmt04972537
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04781902
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0195143
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05203624
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01026322
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0953989
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04537048
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03109913
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07646961
IRS990ScheduleD/EquipmentGrp/BookValueAmt0350586
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02298957
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02649543
IRS990ScheduleD/ExpensesNotReportedAmt0344208
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05117314
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0171920
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0171920
IRS990ScheduleD/OtherExpensesIncludedAmt0344208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0185665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt150469
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2114202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33260
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2STUDENT ACTIVITY AND AUXILLARY SERV
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3WITHHOLDINGS
IRS990ScheduleD/OtherRevenueAmt0344208
IRS990ScheduleD/RevenueNotReportedAmt0344208
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05312457
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, 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 237,121. FUNDRAISING EXPENSES 107,087.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 237,121. FUNDRAISING EXPENSES 107,087.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05059554
IRS990ScheduleD/TotalExpensesPerForm990Amt05117314
IRS990ScheduleD/TotalLiabilityAmt0353596
IRS990ScheduleD/TotalRevenuePerForm990Amt05312457
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05656665
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05461522
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0107087
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ATHLETIC BOOSTERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0123872
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0123872
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0123872
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0123872
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016785
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0107087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0107087
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DALE BURNS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1BRIAN CULVER

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$8,021,124
Liabilities
$7,771,144
Net assets
$249,980
Revenue
$5,312,457
Expenses
$5,117,314
Net income
$195,143
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