Civic Intelligence

Providence Academy

990 • Fiscal year 2019 • EIN 62-1564142

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 30, 2020

Organization ProfileWWW.PROVIDENCEACADEMY.COM

View Organization Page

2788 Carroll Creek RoadJohnson City, TN 37615

(423) 854-9819

Siviq Scores

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

Liabilities / Assets

65th percentile

0.31x

Higher debt load relative to assets than 65% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.72x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

35th percentile

-0.7%

Higher net margin than 35% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$47,446

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

24th percentile

-2.8%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$9,401,441

Down $267,147 (-2.8%) from 2018

Net Assets

Down

$6,465,184

Down $27,933 (-0.4%) from 2018

Liabilities

Down

$2,936,257

Down $239,214 (-7.5%) from 2018

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin35th percentile

Revenue

Up

$4,082,248

Up $110,983 (+2.8%) from 2018

Expenses

Up

$4,110,180

Up $128,906 (+3.2%) from 2018

Net Income

Down

-$27,932

Down $17,923 (-179%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$30M$20M$10M$0Assets 2010: $7,650,259Liabilities 2010: $3,045,699Net Assets 2010: $4,604,5602010Assets 2011: $7,876,731Liabilities 2011: $3,181,969Net Assets 2011: $4,694,7622011Assets 2012: $7,886,928Liabilities 2012: $3,011,296Net Assets 2012: $4,875,6322012Assets 2013: $7,993,054Liabilities 2013: $3,028,107Net Assets 2013: $4,964,9472013Assets 2014: $8,086,251Liabilities 2014: $2,973,241Net Assets 2014: $5,113,0102014Assets 2015: $9,299,213Liabilities 2015: $3,052,974Net Assets 2015: $6,246,2392015Assets 2016: $10,381,243Liabilities 2016: $3,815,657Net Assets 2016: $6,565,5862016Assets 2017: $9,976,538Liabilities 2017: $3,473,412Net Assets 2017: $6,503,1262017Assets 2018: $9,668,588Liabilities 2018: $3,175,471Net Assets 2018: $6,493,1172018Assets 2019: $9,401,441Liabilities 2019: $2,936,257Net Assets 2019: $6,465,1842019Assets 2020: $9,804,139Liabilities 2020: $2,560,969Net Assets 2020: $7,243,1702020Assets 2021: $13,298,230Liabilities 2021: $5,778,447Net Assets 2021: $7,519,7832021Assets 2022: $17,103,088Liabilities 2022: $5,918,234Net Assets 2022: $11,184,8542022Assets 2023: $19,938,375Liabilities 2023: $4,148,660Net Assets 2023: $15,789,7152023Assets 2024: $20,649,234Liabilities 2024: $4,180,735Net Assets 2024: $16,468,4992024

Highlighted filing

2019

Assets$9,401,441
Liabilities$2,936,257
Net Assets$6,465,184
Open 2019 Filing

Operations Trend

Revenue Growth47th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,095,5982010Expenses 2011: $3,264,1522011Expenses 2012: $3,538,7192012Revenue 2013: $3,566,886Expenses 2013: $3,477,571Net Income 2013: $89,3152013Revenue 2014: $3,727,749Expenses 2014: $3,579,686Net Income 2014: $148,0632014Revenue 2015: $4,831,765Expenses 2015: $3,698,536Net Income 2015: $1,133,2292015Revenue 2016: $4,140,526Expenses 2016: $3,821,179Net Income 2016: $319,3472016Revenue 2017: $3,902,713Expenses 2017: $3,965,173Net Income 2017: -$62,4602017Revenue 2018: $3,971,265Expenses 2018: $3,981,274Net Income 2018: -$10,0092018Revenue 2019: $4,082,248Expenses 2019: $4,110,180Net Income 2019: -$27,9322019Revenue 2020: $5,088,712Expenses 2020: $4,395,226Net Income 2020: $693,4862020Revenue 2021: $5,540,745Expenses 2021: $5,260,163Net Income 2021: $280,5822021Revenue 2022: $10,009,761Expenses 2022: $6,365,442Net Income 2022: $3,644,3192022Revenue 2023: $8,216,454Expenses 2023: $7,247,833Net Income 2023: $968,6212023Revenue 2024: $9,262,288Expenses 2024: $8,864,677Net Income 2024: $397,6112024

Highlighted filing

2019

Revenue$4,082,248
Expenses$4,110,180
Net Income-$27,932
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 30, 2020
Return Version
2018v3.2
Gross Receipts
$4,221,945
Mission and Program Overview

Mission

To equip students to achieve academic excellence and spiritual maturity through a biblically based, christ-centered, classical education so they will think and live in a manner which brings glory to god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,086,958$6,941,191▼ $145,767
Savings and Temporary Cash Investments$2,358,027$2,291,445▼ $66,582
Accounts Receivable$75,005$84,392▲ $9,387
Prepaid Expenses and Deferred Charges$38,966$44,342▲ $5,376
Pledges and Grants Receivable$100,214$31,229▼ $68,985
Total Assets$9,668,588$9,401,441▼ $267,147
Other Assets Total$9,418$8,842▼ $576
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,975,138$1,626,408▼ $348,730
Deferred Revenue$862,757$961,589▲ $98,832
Accounts Payable and Accrued Expenses$204,809$203,111▼ $1,698
Other Liabilities$132,767$145,149▲ $12,382
Total Liabilities$3,175,471$2,936,257▼ $239,214
Net Assets / Fund Balance
Unrestricted Net Assets$6,156,647$5,990,625▼ $166,022
Temporarily Rstr Net Assets$336,470$474,559▲ $138,089
Total Net Assets Fund Balance$6,493,117$6,465,184▼ $27,933
Total Liabilities and Net Assets / Fund Balance$9,668,588$9,401,441▼ $267,147

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,353,642$2,745,043$8,098,685
Land$1,098,355-$1,098,355
Other Land Buildings$336,902$690,799$1,027,701
Equipment$140,244$84,957$225,201
Leasehold Improvements$12,048$49,783$61,831
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin HollandHead of SchoolFT$41,189$6,257$47,446

Board Members and Trustees

NameTitle
Scott GreerChairman
Josh PuhrVice-chairman
Jt ThomasBoard Member
Phil RainesBoard Member
Rex GarrisonBoard Member
Tommy WoodsBoard Member
Earle ChuteEx-officio
Morris HenardEx-officio
Bj SmithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$367,658
Program Service Revenue
$3,522,947
Investment Income
$9,408
Other Revenue
$182,235
All Other Contributions
$316,985
Change in Net Assets
$-27,932

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table200$50,353Fair Market Value (FMV)
Total Noncash Contributions200$50,353-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,782,019
Revenue Not Reported on Financial Statements
$300,228
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$300,228
Total Revenue per Audited Statements
$3,782,019
Total Revenue per Form 990
$4,082,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,752,996
Other Expenses$1,056,956
Grants and Similar Amounts Paid$300,228
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,839,411$459,852-$2,299,263
Grants to Domestic Individuals$300,228--$300,228
Depreciation Depletion$251,490$37,542-$289,032
Occupancy$143,819$35,955-$179,774
Payroll Taxes$143,373$35,843-$179,216
Other Employee Benefits$135,365$33,841-$169,206
Current Officers, Directors, Trustees, and Key Employees$84,248$21,063-$105,311
All Other Expenses$86,512$5,335-$91,847
Interest-$71,381-$71,381
Other Expenses$34,796$8,699-$43,495
Insurance$14,401$14,401-$28,802
Fees for Services Other-$21,148-$21,148
Advertising-$5,671-$5,671
Total Functional Expenses$3,311,181$798,999$0$4,110,180

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,110,180
Expenses per Audited Statements$3,809,952
Total Expenses per Audited Statements$3,809,952
Expenses Not Reported on Financial Statements$300,228
Other Expense Adjustments$300,228
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$312,872
Fundraising Direct Expenses$139,697
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Storytelling Festival$162,427$162,427$55,792$106,635
Athletics$105,053$105,053$83,531$21,522
Total Events$363,545$312,872$139,697$173,175
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 Sick Time Payable$124,018
Due to Classes (agency)$21,131
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization has members as defined by the irs as any person who has the right to participate in the organization's governance. They do not receive distributions of income or assets from the organization.”

Form 990, Part VI, Section A, Line 7A

“The school considers all participants in the school's parent/teacher organization, as members. This includes parents of current students, school staff and alumni and their parents. Per the school's by-laws, members can nominate board members. Election of new board members will be affirmed by a majority of ballots from members returned to the board at or before the annual association meeting.”

Form 990, Part VI, Section B, Line 11B

“Distributed by e-mail to board members for review and approval, vote taken and documented.”

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

“Completed annually during review or audit process”

Form 990, Part VI, Section B, Line 15

“Board reviews annually and sets compensation”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Providence Academy
EIN
62-1564142
Phone
4238549819
Address
2788 CARROLL CREEK ROAD, JOHNSON CITY, TN 37615

Signing Officer

Name
Benjamin Holland
Title
Head of School
Phone
4238549819
Signed
2020-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Holland
Formed
1994
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
104
Volunteers
114

Preparer

Firm
Blackburn Childers & Steagall Plc
Address
801B SUNSET DRIVE, JOHNSON CITY, TN 37604-3033
Preparer
Sarah Presnell
Phone
4232824511
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The finance committee assumes responsibility for oversight of audit, review or compilation of its financisl statements and selection of an independent accountant. This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Note 10-tax uncertainties: the school follows the fasb accounting standards codification, which provides guidance on accounting for uncertainty in income taxes recognized in an organization's financial statements. As of june 30, 2019 and 2018, the school had no uncertain tax positions that qualify for either recognition or disclosure in the school's financial statements. The school's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense in the financial statements. No interest or penalties were recorded during the years ended june 30, 2019 and 2018.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Institutional scholarships offsetting student tuition and fees 300,228.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Institutional scholarships offsetting student tuition and fees 300,228.”

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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO EQUIP STUDENTS TO ACHIEVE ACADEMIC EXCELLENCE AND SPIRITUAL MATURITY THROUGH A BIBLICALLY BASED, CHRIST-CENTERED, CLASSICAL EDUCATION SO THEY WILL THINK AND LIVE IN A MANNER WHICH BRINGS GLORY TO GOD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01975138
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01626408
IRS990/NetAssetsOrFundBalancesBOYAmt06493117
IRS990/NetAssetsOrFundBalancesEOYAmt06465184
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0173175
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0173175
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt09060
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt09060
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt050352
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt035955
IRS990/OccupancyGrp/ProgramServicesAmt0143819
IRS990/OccupancyGrp/TotalAmt0179774
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09418
IRS990/OtherAssetsTotalGrp/EOYAmt08842
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt033841
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0135365
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0169206
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc2CURRICULUM & ACCREDITAT
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024173
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt124095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28699
IRS990/OtherExpensesGrp/ProgramServicesAmt096694
IRS990/OtherExpensesGrp/ProgramServicesAmt196380
IRS990/OtherExpensesGrp/ProgramServicesAmt284464
IRS990/OtherExpensesGrp/ProgramServicesAmt334796
IRS990/OtherExpensesGrp/TotalAmt0120867
IRS990/OtherExpensesGrp/TotalAmt1120475
IRS990/OtherExpensesGrp/TotalAmt284464
IRS990/OtherExpensesGrp/TotalAmt343495
IRS990/OtherLiabilitiesGrp/BOYAmt0132767
IRS990/OtherLiabilitiesGrp/EOYAmt0145149
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0459852
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01839411
IRS990/OtherSalariesAndWagesGrp/TotalAmt02299263
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035843
IRS990/PayrollTaxesGrp/ProgramServicesAmt0143373
IRS990/PayrollTaxesGrp/TotalAmt0179216
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0100214
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt031229
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038966
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044342
IRS990/PrincipalOfficerNm0BENJAMIN HOLLAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03522947
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03522947
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0308786
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0254429
IRS990/PYInvestmentIncomeAmt04188
IRS990/PYOtherExpensesAmt0998465
IRS990/PYOtherRevenueAmt0123286
IRS990/PYProgramServiceRevenueAmt03535005
IRS990/PYRevenuesLessExpensesAmt0-10009
IRS990/PYSalariesCompEmpBnftPaidAmt02728380
IRS990/PYTotalExpensesAmt03981274
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03971265
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-27932
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt09060
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03522947
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02358027
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02291445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0367658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0308786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0302577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0575522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01400076
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02954619
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04188
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02672
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt020579
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt017380184
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0173175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0115758
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt085319
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt091277
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt089701
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0555230
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65940
IRS990ScheduleA/PublicSupportPY170Pct00.67080
IRS990ScheduleA/PublicSupportTotal170Amt02327818
IRS990ScheduleA/SubstantialContributorsTotAmt0626801
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0367658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0308786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0302577
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0575522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01400076
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02954619
IRS990ScheduleA/TotalSupportAmt03530428
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05353642
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02745043
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08098685
IRS990ScheduleD/EquipmentGrp/BookValueAmt0140244
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084957
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0225201
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0300228
IRS990ScheduleD/ExpensesSubtotalAmt03809952
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01098355
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01098355
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012048
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt049783
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt061831
IRS990ScheduleD/OtherExpensesNotIncludedAmt0300228
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0336902
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0690799
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01027701
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1124018
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CLASSES (AGENCY)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SICK TIME PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0300228
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0300228
IRS990ScheduleD/RevenueSubtotalAmt03782019
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOTE 10-TAX UNCERTAINTIES: THE SCHOOL FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2019 AND 2018, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2019 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 300,228.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 300,228.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06941191
IRS990ScheduleD/TotalExpensesPerForm990Amt04110180
IRS990ScheduleD/TotalLiabilityAmt0145149
IRS990ScheduleD/TotalRevenuePerForm990Amt04082247
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03782019
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03809952
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 ORGANIZATION RELIES PRINCIPALLY UPON THE BROCHURES AND PRINTED MATTER TO COMMUNICATE THE RACIALLY NONDISCRIMINATORY POLICY. RADIO EXPOSURE IS PRIMARILY A SPONSORSHIP OF CHRISTIAN PROGRAMMING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt050673
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt050673
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0139697
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STORYTELLING FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ATHLETICS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0162427
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0105053
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt096065
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0363545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0162427
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0105053
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt045392
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0312872

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,401,441
Liabilities
$2,936,257
Net assets
$6,465,184
Revenue
$4,082,248
Expenses
$4,110,180
Net income
-$27,932
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.6$4.18$16.5$9.26$8.86$0.40
2023Detailed filing. Detailed filing data is available for this year.$19.9$4.15$15.8$8.22$7.25$0.97
2022Detailed filing. Detailed filing data is available for this year.$17.1$5.92$11.2$10.0$6.37$3.64
2021Detailed filing. Detailed filing data is available for this year.$13.3$5.78$7.52$5.54$5.26$0.28
2020Detailed filing. Detailed filing data is available for this year.$9.80$2.56$7.24$5.09$4.40$0.69
2019Detailed filing. Detailed filing data is available for this year.$9.40$2.94$6.47$4.08$4.11$0.03
2018Detailed filing. Detailed filing data is available for this year.$9.67$3.18$6.49$3.97$3.98$0.01
2017Detailed filing. Detailed filing data is available for this year.$9.98$3.47$6.50$3.90$3.97$0.06
2016Detailed filing. Detailed filing data is available for this year.$10.4$3.82$6.57$4.14$3.82$0.32
2015Detailed filing. Detailed filing data is available for this year.$9.30$3.05$6.25$4.83$3.70$1.13
2014Detailed filing. Detailed filing data is available for this year.$8.09$2.97$5.11$3.73$3.58$0.15
2013Summary only. Only limited summary data is available for this year.$7.99$3.03$4.96$3.57$3.48$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.89$3.01$4.88$3.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$3.18$4.69$3.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$3.05$4.60$3.10