Civic Intelligence

Providence Academy

990 • Fiscal year 2020 • EIN 62-1564142

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2021

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

60th percentile

0.26x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.50x

Higher debt load relative to revenue than 71% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

41st percentile

$103,110

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

44th percentile

4.3%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

25%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,804,139

Up $402,698 (+4.3%) from 2019

Net Assets

Up

$7,243,170

Up $777,986 (+12%) from 2019

Liabilities

Down

$2,560,969

Down $375,288 (-13%) from 2019

Revenue

Up

$5,088,712

Up $1,006,464 (+25%) from 2019

Expenses

Up

$4,395,226

Up $285,046 (+6.9%) from 2019

Net Income

Up

$693,486

Up $721,418 (+2583%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$9,804,139
Liabilities$2,560,969
Net Assets$7,243,170

Operations Trend

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

2020

Revenue$5,088,712
Expenses$4,395,226
Net Income$693,486
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2021
Return Version
2019v5.2
Gross Receipts
$5,276,258
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$6,941,191$6,966,565▲ $25,374
Savings and Temporary Cash Investments$2,291,445$2,576,413▲ $284,968
Pledges and Grants Receivable$31,229$140,685▲ $109,456
Accounts Receivable$84,392$62,685▼ $21,707
Prepaid Expenses and Deferred Charges$44,342$49,526▲ $5,184
Total Assets$9,401,441$9,804,139▲ $402,698
Other Assets Total$8,842$8,265▼ $577
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,626,408$1,265,524▼ $360,884
Deferred Revenue$961,589$899,747▼ $61,842
Accounts Payable and Accrued Expenses$203,111$249,258▲ $46,147
Other Liabilities$145,149$146,440▲ $1,291
Total Liabilities$2,936,257$2,560,969▼ $375,288
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,990,625$6,568,769▲ $578,144
Net Assets With Donor Restrictions$474,559$674,401▲ $199,842
Total Net Assets Fund Balance$6,465,184$7,243,170▲ $777,986
Total Liabilities and Net Assets / Fund Balance$9,401,441$9,804,139▲ $402,698

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,165,229$2,959,366$8,124,595
Other Land Buildings$425,136$715,902$1,141,038
Land$1,098,355-$1,098,355
Equipment$188,076$97,225$285,301
Leasehold Improvements$89,769$50,563$140,332
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin HollandHead of SchoolFT$89,077$14,033$103,110

Board Members and Trustees

NameTitle
Rex GarrisonChairman
Bj SmithVice-chairman
Earle ChuteBoard Member
Jt ThomasBoard Member
Scott GreerBoard Member
Tommy WoodsBoard Member
Wayne TurbyfieldBoard Member
Morris HenardEx-officio
Matt JonesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,095,417
Program Service Revenue
$3,862,365
Investment Income
$2,297
Other Revenue
$128,633
All Other Contributions
$481,172
Change in Net Assets
$693,486

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 Table1$56,291Fair Market Value (FMV)
Other Non Cash Contri Table2$16,804Fair Market Value (FMV)
Other Non Cash Contri Table1$4,150Fair Market Value (FMV)
Total Noncash Contributions4$77,245-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,937,532
Revenue Not Reported on Financial Statements
$151,180
Revenue Not Reported on Form 990
$136,176
Other Revenue Adjustments
$151,180
Total Revenue per Audited Statements
$5,073,708
Total Revenue per Form 990
$5,088,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,068,496
Other Expenses$988,004
Grants and Similar Amounts Paid$338,726
Total Fundraising Expense$128,720
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,971,316$492,829$117,497$2,581,642
Grants to Domestic Individuals$338,726--$338,726
Depreciation Depletion$234,657$38,119-$272,776
Payroll Taxes$161,362$40,340-$201,702
Other Employee Benefits$141,631$35,407-$177,038
Occupancy$130,151$32,537-$162,688
Current Officers, Directors, Trustees, and Key Employees$86,491$21,623-$108,114
All Other Expenses$82,628$4,603$5,805$93,036
Interest-$58,650-$58,650
Other Expenses$26,327$6,582-$32,909
Insurance$14,434$14,434-$28,868
Fees for Services Other-$14,487-$14,487
Advertising--$4,418$4,418
Travel--$1,000$1,000
Total Functional Expenses$3,463,633$802,873$128,720$4,395,226

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,395,226
Total Expenses per Audited Statements$4,295,722
Expenses per Audited Statements$4,108,176
Expenses Not Reported on Financial Statements$287,050
Other Expense Adjustments$287,050
Expenses Not Reported on Form 990$187,546
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$303,276
Fundraising Direct Expenses$183,233
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Storytelling Festival$186,529$186,529$55,013$131,516
Athletics$69,131$69,131$52,170$16,961
Total Events$380,521$303,276$183,233$120,043
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$129,199
Due to Classes$17,241
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 35% controlled entity
No
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
2021-05-13
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
115
Volunteers
120

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, 2020 and 2019, 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, 2020 and 2019.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Nb fixed asset contra account 51,676.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Institutional scholarships offsetting student tuition and fees 338,726. Realized loss on sale of fixed assets netted with expenses -4,313. Fundraising expenses offset with fundraising revenue -183,233.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Realized loss on sale of fixed assets netted with expenses 4,313. Fundraising expenses offset with fundraising revenue 183,233.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Institutional scholarships offsetting student tuition and fees 338,726. Nb fixed asset contra account -51,676.

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IRS990/InvestmentIncomeGrp/ExclusionAmt06610
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06610
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03823056
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06941191
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06966565
IRS990/LandBldgEquipCostOrOtherBssAmt010789621
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04313
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
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/BOYAmt01626408
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01265524
IRS990/NetAssetsOrFundBalancesBOYAmt06465184
IRS990/NetAssetsOrFundBalancesEOYAmt07243170
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4313
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4313
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0120043
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0120043
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt08590
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08590
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05990625
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06568769
IRS990/NoncashContributionsAmt077245
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt032537
IRS990/OccupancyGrp/ProgramServicesAmt0130151
IRS990/OccupancyGrp/TotalAmt0162688
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08842
IRS990/OtherAssetsTotalGrp/EOYAmt08265
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt035407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0141631
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0177038
IRS990/OtherExpensesGrp/Desc0EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2CURRICULUM & ACCREDITAT
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025757
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117505
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26582
IRS990/OtherExpensesGrp/ProgramServicesAmt0103030
IRS990/OtherExpensesGrp/ProgramServicesAmt181727
IRS990/OtherExpensesGrp/ProgramServicesAmt291153
IRS990/OtherExpensesGrp/ProgramServicesAmt326327
IRS990/OtherExpensesGrp/TotalAmt0128787
IRS990/OtherExpensesGrp/TotalAmt199232
IRS990/OtherExpensesGrp/TotalAmt291153
IRS990/OtherExpensesGrp/TotalAmt332909
IRS990/OtherLiabilitiesGrp/BOYAmt0145149
IRS990/OtherLiabilitiesGrp/EOYAmt0146440
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0117497
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0492829
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01971316
IRS990/OtherSalariesAndWagesGrp/TotalAmt02581642
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040340
IRS990/PayrollTaxesGrp/ProgramServicesAmt0161362
IRS990/PayrollTaxesGrp/TotalAmt0201702
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt031229
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0140685
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044342
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049526
IRS990/PrincipalOfficerNm0BENJAMIN HOLLAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03862365
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03862365
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0367658
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0300228
IRS990/PYInvestmentIncomeAmt09408
IRS990/PYOtherExpensesAmt01056956
IRS990/PYOtherRevenueAmt0182235
IRS990/PYProgramServiceRevenueAmt03522947
IRS990/PYRevenuesLessExpensesAmt0-27932
IRS990/PYSalariesCompEmpBnftPaidAmt02752996
IRS990/PYTotalExpensesAmt04110180
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04082248
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0693486
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt08590
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03858052
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02291445
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02576413
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01095417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0367658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0308786
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0302577
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0575522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02649960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06610
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09408
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04188
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024517
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt017898920
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0120043
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0173175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0115758
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt085319
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt091277
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0585572
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78380
IRS990ScheduleA/PublicSupportPY170Pct00.65940
IRS990ScheduleA/PublicSupportTotal170Amt02555163
IRS990ScheduleA/SubstantialContributorsTotAmt094797
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01095417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0367658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0308786
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0302577
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0575522
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02649960
IRS990ScheduleA/TotalSupportAmt03260049
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/BookValueAmt05165229
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02959366
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08124595
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt084500
IRS990ScheduleD/EquipmentGrp/BookValueAmt0188076
IRS990ScheduleD/EquipmentGrp/DepreciationAmt097225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0285301
IRS990ScheduleD/ExpensesNotReportedAmt0187546
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0287050
IRS990ScheduleD/ExpensesSubtotalAmt04108176
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01098355
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01098355
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt089769
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt050563
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0140332
IRS990ScheduleD/OtherExpensesIncludedAmt0187546
IRS990ScheduleD/OtherExpensesNotIncludedAmt0287050
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0425136
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0715902
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01141038
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1129199
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CLASSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SICK TIME PAYABLE
IRS990ScheduleD/OtherRevenueAmt051676
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0151180
IRS990ScheduleD/RevenueNotReportedAmt0136176
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0151180
IRS990ScheduleD/RevenueSubtotalAmt04937532
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, 2020 AND 2019, 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, 2020 AND 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NB FIXED ASSET CONTRA ACCOUNT 51,676.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 338,726. REALIZED LOSS ON SALE OF FIXED ASSETS NETTED WITH EXPENSES -4,313. FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE -183,233.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3REALIZED LOSS ON SALE OF FIXED ASSETS NETTED WITH EXPENSES 4,313. FUNDRAISING EXPENSES OFFSET WITH FUNDRAISING REVENUE 183,233.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 338,726. NB FIXED ASSET CONTRA ACCOUNT -51,676.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06966565
IRS990ScheduleD/TotalExpensesPerForm990Amt04395226
IRS990ScheduleD/TotalLiabilityAmt0146440
IRS990ScheduleD/TotalRevenuePerForm990Amt05088712
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05073708
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04295722
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00

Document Assets

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Filings

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